Monday 10 February 2020

“I feel really bad for those agents”: What landlords and property managers are planning in wake of new broker fee rule

Within 36 hours of finding out about state regulators’ interpretation of the rent law, Lisa Management made the decision: they would no longer hire outside brokers. That meant offering one of the two brokers exclusively responsible for leasing up 200 of the units Lisa manages a choice: hang up their brokers’ badge and join its in-house leasing team, or find a new place to work. Lisa is the property management affiliate of affordable housing developer



source https://therealdeal.com/2020/02/10/i-feel-really-bad-for-those-agents-what-landlords-and-property-managers-are-planning-in-wake-of-new-broker-fee-rule/

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