Thursday 30 July 2020

REBNY to begin issuing fines for problematic listings

A years-long effort to clean up New York residential listings data is taking the next step forward – and it’s a punitive one. The Real Estate Board of New York will begin to issue fines beginning Sept. 15 up to $20,000 per sales listing and $3,200 per rental listing that violates its policies, according to an email the group sent out Thursday. The forthcoming levies are part of an ongoing effort from the trade association



source https://therealdeal.com/2020/07/30/rebny-to-begin-issuing-fines-for-problematic-listings/

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