broker fee

New York City style apartment buildings exterior view with windows and fire escapes

By Celia Young |May 8, 2024 - 11:30AM

West 106th Street and Hudson River in New York City

Are NYC sellers paying smaller commissions to buyer’s brokers?

… New Yorkers have started to pay attention as a result of media reports about NARs March settlement he said While … and separate fees become standard for NAR members and media attention makes more sellers aware of their ability to …

By Jennifer White Karp |April 29, 2024 - 9:45AM

Overhead view First Avenue with traffic drivings through the buildings of Manhattan in New York City, as seen from the Roosevelt Island Tramway

Negotiations + Closings

NAR restructures broker commissions in $418 million lawsuit settlement

By Celia Young |March 15, 2024 - 3:08PM

A variety of old brick homes and apartment buildings with overhead wires in Astoria Queens of New York City

The Search

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

… and theres no cap on what a broker can charge A party that purchases or contracts a good or service should be …

By Celia Young |March 5, 2024 - 10:36AM

Lamp in a window as part of the façade of a residential building in central Manhattan

The Search

NYC real estate firm fined $260,000 for charging sky-high broker fees

By Celia Young |January 31, 2024 - 1:30PM

Negotiating + Financing

Does a buyer in NYC need to pay a broker fee?

… answer is maybe because starting January 1st 2024 fees for brokers who are members of the Real Estate Board of New York are going to be decoupled The move …

By Jennifer White Karp |December 28, 2023 - 11:30AM

Real Estate View Manhattan NYC Window Empire State Building stock photo

Sell

Sellers (and buyers!) should brace for a broker fee shakeup

By Celia Young |November 15, 2023 - 9:30AM

View of the New York City Hall stock photo

The Search

City Council bill to shift broker fees to landlords unlikely to pass this year

… your checkbooks open Thats the message for New York City renters who will still bear the burden of paying a landlords … to come to a vote this year Ossé says Better luck in 2024 folks From what I think is going to happen its not … it possibly have an impact … I believe it would be in early 2025 Hopefully were going to pass this next year and we …

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