Monday 10 February 2020

Here’s what TRD’s Instagram followers are saying about the broker fee ban

The sudden reversal of New York’s tenant-pays-broker-fee system last week prompted fierce reaction from agents. In the hours and days after the Department of State issued its latest interpretation of the rent law, brokers and brokerages struggled to understand how to apply the new rule to their current and future deals. Until now, owners were able to retain rental agents free of cost because the tenant would cover the fee. The new rule now says



source https://therealdeal.com/2020/02/10/heres-what-trds-instagram-followers-are-saying-about-the-broker-fee-ban/

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