#broker-fees

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#rental-market

NYC considers ending broker fees for tenants, angering real estate industry

Proposed legislation in NYC may shift the burden of broker fees from renters to landlords, sparking debate and potential changes in the rental market.

Bill to End Forced Rental Broker Fees Goes to Council Vote

Tenants in NYC may no longer be responsible for paying broker fees due to new legislation that shifts that burden to landlords.

Should Boston ban broker fees for renters? Let us know.

New York City Council eliminated tenant broker fees, reducing rental costs for tenants and marking a pivotal change in real estate practices.

An Absolute Mess': Brokers Assess the Shift in Fees

The New York City Council approved legislation requiring landlords to pay broker's fees, shifting the financial burden from tenants.

How this City Council Member just eliminated NYC's broker fees

The FARE Act mandates that only the party hiring the broker pays for their services, alleviating burdensome fees for tenants.

NYC Considers Ending Broker Fees for Tenants, Angering Real Estate Industry

Legislation in New York City aims to shift broker fees from tenants to landlords, potentially impacting the rental market and addressing tenant injustices.

NYC considers ending broker fees for tenants, angering real estate industry

Proposed legislation in NYC may shift the burden of broker fees from renters to landlords, sparking debate and potential changes in the rental market.

Bill to End Forced Rental Broker Fees Goes to Council Vote

Tenants in NYC may no longer be responsible for paying broker fees due to new legislation that shifts that burden to landlords.

Should Boston ban broker fees for renters? Let us know.

New York City Council eliminated tenant broker fees, reducing rental costs for tenants and marking a pivotal change in real estate practices.

An Absolute Mess': Brokers Assess the Shift in Fees

The New York City Council approved legislation requiring landlords to pay broker's fees, shifting the financial burden from tenants.

How this City Council Member just eliminated NYC's broker fees

The FARE Act mandates that only the party hiring the broker pays for their services, alleviating burdensome fees for tenants.

NYC Considers Ending Broker Fees for Tenants, Angering Real Estate Industry

Legislation in New York City aims to shift broker fees from tenants to landlords, potentially impacting the rental market and addressing tenant injustices.
morerental-market
#tenant-rights

Average upfront cost for an NYC apartment with broker's fee hits whopping all-time high

Rental costs in NYC have reached a record high, with an average upfront cost of nearly $13,000, sparking tenant protests and legislative action.

NYC landlords will now have to pay broker fees over renters

The F.A.R.E. Act shifts broker fee responsibility from tenants to landlords, therefore reducing upfront rental costs for New Yorkers.

Council Member Chi Osse says New Yorkers 'can't afford' broker fees at contentious FARE Act hearing * Brooklyn Paper

Brooklyn Council Member Chi Ossé's bill, Intro. 360 or FARE Act, aims to shift broker fees from tenants to landlords, sparking debates on affordability and impact on broker jobs.

What to Know About Broker Fees in New York City

New York renters will no longer pay broker fees, shifting responsibility to landlords.

NYC Council Just Voted To End Mandatory Broker Fees For Tenants

New York City's tenants are no longer required to pay broker fees they did not incur, thanks to the passing of the FARE Act.

Good-bye to the Broker Fee

The FARE Act in NYC may end mandatory broker fees for tenants, shifting the financial burden to landlords.
The bill has strong support, nearing a veto-proof majority in the City Council.

Average upfront cost for an NYC apartment with broker's fee hits whopping all-time high

Rental costs in NYC have reached a record high, with an average upfront cost of nearly $13,000, sparking tenant protests and legislative action.

NYC landlords will now have to pay broker fees over renters

The F.A.R.E. Act shifts broker fee responsibility from tenants to landlords, therefore reducing upfront rental costs for New Yorkers.

Council Member Chi Osse says New Yorkers 'can't afford' broker fees at contentious FARE Act hearing * Brooklyn Paper

Brooklyn Council Member Chi Ossé's bill, Intro. 360 or FARE Act, aims to shift broker fees from tenants to landlords, sparking debates on affordability and impact on broker jobs.

What to Know About Broker Fees in New York City

New York renters will no longer pay broker fees, shifting responsibility to landlords.

NYC Council Just Voted To End Mandatory Broker Fees For Tenants

New York City's tenants are no longer required to pay broker fees they did not incur, thanks to the passing of the FARE Act.

Good-bye to the Broker Fee

The FARE Act in NYC may end mandatory broker fees for tenants, shifting the financial burden to landlords.
The bill has strong support, nearing a veto-proof majority in the City Council.
moretenant-rights
#housing-policy

City Council OKs Bill That Eliminates Broker Fees For Most Tenants

The FARE Act aims to significantly reduce the financial burden on tenants by requiring landlords to pay the broker fee in rental transactions.

New York City Council approves bill shifting broker fees to landlords

The New York City Council approved a bill to shift broker fees from renters to landlords, aiming to reduce housing costs.
This bill received significant support, signaling a shift in attitudes towards housing affordability in NYC.

City Council OKs Bill That Eliminates Broker Fees For Most Tenants

The FARE Act aims to significantly reduce the financial burden on tenants by requiring landlords to pay the broker fee in rental transactions.

New York City Council approves bill shifting broker fees to landlords

The New York City Council approved a bill to shift broker fees from renters to landlords, aiming to reduce housing costs.
This bill received significant support, signaling a shift in attitudes towards housing affordability in NYC.
morehousing-policy
#legislation

City Council passes Brooklyn CM Chi Osse's broker fee bill with veto-proof majority * Brooklyn Paper

New York's City Council has passed legislation to eliminate costly broker fees for renters, shifting the payment responsibility to landlords who hire brokers.

NYC bill shifting broker fees to landlords overwhelmingly approved by city council

The City Council passed a bill shifting broker fees to landlords, aimed at easing New York City's housing crisis.

Under N.Y. bill, tenants wouldn't have to pay landlord-hired broker

Legislation in New York City may shift the responsibility of paying broker fees from tenants to landlords, potentially impacting the expensive housing market.

City Council passes Brooklyn CM Chi Osse's broker fee bill with veto-proof majority * Brooklyn Paper

New York's City Council has passed legislation to eliminate costly broker fees for renters, shifting the payment responsibility to landlords who hire brokers.

NYC bill shifting broker fees to landlords overwhelmingly approved by city council

The City Council passed a bill shifting broker fees to landlords, aimed at easing New York City's housing crisis.

Under N.Y. bill, tenants wouldn't have to pay landlord-hired broker

Legislation in New York City may shift the responsibility of paying broker fees from tenants to landlords, potentially impacting the expensive housing market.
morelegislation
#new-york-city

New York City Brokers Are Losing Their Minds. I Asked Some Why They're So Angry.

Real estate brokers in NYC protest against a bill shifting payment responsibility from tenants to landlords, impacting their income.

City Council Expected to Pass Bill That Shifts Broker Fees to Landlords

The New York City Council is considering a bill to shift broker fees to landlords, aiming to alleviate the financial burden on renters.

New York City Brokers Are Losing Their Minds. I Asked Some Why They're So Angry.

Real estate brokers in NYC protest against a bill shifting payment responsibility from tenants to landlords, impacting their income.

City Council Expected to Pass Bill That Shifts Broker Fees to Landlords

The New York City Council is considering a bill to shift broker fees to landlords, aiming to alleviate the financial burden on renters.
morenew-york-city
#real-estate

Mayor Adams raises concerns over real estate broker fee bill set to get City Council vote Wednesday | amNewYork

Mayor Adams critiques the FARE Act for potentially leading to increased costs for renters in the form of higher monthly rents.

So Far, the New Broker-Fee Rules Are Good for Sellers

Real estate commission structures are changing significantly, decoupling fees between sellers' and buyers' agents.
The changes are a result of a landmark antitrust settlement impacting how commissions are negotiated.

Boston Beacon Hill 2024 October Apartment Listings Boston Condos For Sale Ford Realty

Beacon Hill's rental market offers a wide range of price points and sizes, catering to various budgets.

Beacon Hill Apt. $3,000 Per Month Boston Condos For Sale Ford Realty

Beacon Hill offers a competitive rental option with half month's broker fee and excellent amenities, trending healthier market engagement for Fall/Winter 2024.

September Beacon Hill Apartments For Rent 2024 - 1/2 Month Broker Fee Boston Condos For Sale Ford Realty

Renovated Beacon Hill apartments for rent are student-friendly with low broker fees and included utilities, making them a practical choice for renters.

NY real estate broker accused of charging sky-high finder's fees agrees to pay $260K in settlement

Manhattan real estate broker to pay $260,000 in penalties and restitution for charging exorbitant finder's fees.
The settlement includes a $50,000 fine and $210,000 in payments to dozens of tenants who were overcharged.

Mayor Adams raises concerns over real estate broker fee bill set to get City Council vote Wednesday | amNewYork

Mayor Adams critiques the FARE Act for potentially leading to increased costs for renters in the form of higher monthly rents.

So Far, the New Broker-Fee Rules Are Good for Sellers

Real estate commission structures are changing significantly, decoupling fees between sellers' and buyers' agents.
The changes are a result of a landmark antitrust settlement impacting how commissions are negotiated.

Boston Beacon Hill 2024 October Apartment Listings Boston Condos For Sale Ford Realty

Beacon Hill's rental market offers a wide range of price points and sizes, catering to various budgets.

Beacon Hill Apt. $3,000 Per Month Boston Condos For Sale Ford Realty

Beacon Hill offers a competitive rental option with half month's broker fee and excellent amenities, trending healthier market engagement for Fall/Winter 2024.

September Beacon Hill Apartments For Rent 2024 - 1/2 Month Broker Fee Boston Condos For Sale Ford Realty

Renovated Beacon Hill apartments for rent are student-friendly with low broker fees and included utilities, making them a practical choice for renters.

NY real estate broker accused of charging sky-high finder's fees agrees to pay $260K in settlement

Manhattan real estate broker to pay $260,000 in penalties and restitution for charging exorbitant finder's fees.
The settlement includes a $50,000 fine and $210,000 in payments to dozens of tenants who were overcharged.
morereal-estate

NYC Broker Fees Could Be A Thing Of The Past Very Soon

The FARE Act aims to shift broker fee responsibilities from renters to landlords in NYC.

New objection to NAR settlement targets business practice changes, plaintiffs' attorneys fees

NAR's settlement is criticized for insufficient consumer protection and failure to address inflated commission issues, according to Professor Tanya Monestier.
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