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Broker fee law’s first year: Complaints, violations and uphill climb to recoup for tenants

A year after New York City passed a law limiting who pays broker fees, the bill created a flood of complaints about landlords not following the rules — and generated more than $15,000 in fees paid ...
The Real Deal

FARE Act, one year later: Here’s how the broker fee law has played out

One year ago, the City Council upended how apartments are rented in New York City. On November 13, 2024, the Council approved the Fairness in Apartment Rental Expenses (FARE) Act, a measure that ...
Yahoo

Other cities look at broker fee breaks for renters

NEW JERSEY (PIX11) — Renters and landlords take note that broker fees could be expanding to new locations. In June, a new law took effect in New York City that prohibits brokers who represent ...

Understanding Real Estate Fees: Who Pays the Commission?

Discover how real estate commissions work, who traditionally pays them, and how fees can affect both buyers and sellers in a ...