Bill shifting broker fees to landlords is back. So is the fight to pass it

… The bill dubbed the Fairness in Apartment Rental Expenses Act would let renters off the hook for paying a brokers fee … government affairs Our members add significant value to the home search process for renters and will fight for fair …

By Celia Young |March 5, 2024 - 10:36AM
Sellers (and buyers!) should brace for a broker fee shakeup

… their brokers The shift is spurred by major antitrust lawsuits shaking courtrooms around the US and now NYC as well On Nov 8th a Manhattan seller sued the Real … sellers agents split the feeusually 5 to 6 percent of the sales pricewhich is paid by the seller In October REBNY …

By Celia Young |November 15, 2023 - 9:30AM
City Council bill to shift broker fees to landlords unlikely to pass this year

… Keep your checkbooks open Thats the message for New York City renters … with tough elections next year Renting an apartment in NYC can feel a lot like a bidding warespecially when it … the annual rent Skyhigh fees have helped raise awareness of NYCs unique broker fee system but its not the first time …

By Celia Young |October 20, 2023 - 3:00PM