New York City’s broker fee bill went into effect on Wednesday, prohibiting property owners from passing broker fees onto renters. REBNY attempted to block the bill’s enforcement but failed.
Source: Inman News
NYC broker fee bill goes into effect despite REBNY lawsuit
Published in affordability, Agent, broker fee bill, broker fees, brooklyn, Chi A. Ossé, Chi Osse, Fairness in Apartment Rental Expenses Act, inman, Jim Whelan, Kenny Lee, Markets & Economy, new york city, New York City rentals, NYC affordability, real estate board of new york, Real Estate Board of New York (REBNY), Rita Liu, san diego, Select, streeteasy and the wall street journal
More from affordabilityMore posts in affordability »
- Why HomeServices CEO says ‘do less’ to achieve more in real estate
- Hot and cheap: 7 places buyers can still find a home for under $300K
- Homeowners are cracking under the pressure of increased costs
- How politics and policy are fueling the housing crisis in 2025
- Here are the markets where homebuyers have the upper hand
More from AgentMore posts in Agent »
- The anatomy of a viral real estate post (that also gets you clients)
- Man attacks real estate agent at vacant property outside LA
- The 4 types of listing appointments you must have: Now Streaming
- Lingering questions, NAR opinion, new lawsuit: Inman Top 5
- Massachusetts broker arrested, accused of embezzling $11.6M
More from broker feesMore posts in broker fees »
- New York brokers double down on FARE Act opposition as city fights back
- American Real Estate Association absorbs NYC trade group
- NYC Council passes bill to end broker fees for renters
- REBNY leads 1,500 NYC agents at rally in opposition to broker fee bill
- What you should understand about the NYC rental broker fee changes
More from brooklynMore posts in brooklyn »
- Huddle Up: How to build culture, connection, client care in a sprawling second-home market
- Being a neighborhood expert isn’t enough anymore
- Court gives 15 commission deals final approval in minutes-long hearings
- 3rd indictment adds new charge against Alexander brothers
- Working with the Michael Jordan of real estate: Bess Freedman
More from Chi OsseMore posts in Chi Osse »
More from Fairness in Apartment Rental Expenses ActMore posts in Fairness in Apartment Rental Expenses Act »
More from inmanMore posts in inman »
- The 4 types of listing appointments you must have: Now Streaming
- This real estate exec says artificial intelligence is ‘lying’ to consumers. Here’s his solution
- The death of old-school SEO, and what it means for real estate
- Cloze’s MAIA is smart, task-driven and enterprise-ready: Tech Review
- 7 AI tips for real estate agents from a tech insider
More from Jim WhelanMore posts in Jim Whelan »
More from Kenny LeeMore posts in Kenny Lee »
More from Markets & EconomyMore posts in Markets & Economy »
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Get ready to get hit with a tsunami of real estate consolidation
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Here’s why price cuts are sweeping the country
- Anywhere: The rise and fall of an industry giant
More from new york cityMore posts in new york city »
More from New York City rentalsMore posts in New York City rentals »
More from real estate board of new yorkMore posts in real estate board of new york »
- New York brokers double down on FARE Act opposition as city fights back
- Hall Willkie steps down as president at Brown Harris Stevens
- Fred Peters leaves eponymous firm for Brown Harris Stevens
- NYC’s tax revenue soars, while job market faces its own challenges
- Pam Liebman: Most listings should be ‘shared amongst everybody’
More from Real Estate Board of New York (REBNY)More posts in Real Estate Board of New York (REBNY) »
- Hall Willkie steps down as president at Brown Harris Stevens
- Fred Peters leaves eponymous firm for Brown Harris Stevens
- NYC’s tax revenue soars, while job market faces its own challenges
- The Agency taps ex-Brown Harris Stevens sales director as senior VP
- The cost to save NYC’s birds from the threat of windows? 50% more
More from san diegoMore posts in san diego »
- The 4 types of listing appointments you must have: Now Streaming
- Associations: Want to add value, relevance? Raise the bar on events
- Does the Compass-Anywhere deal set the stage for a private listings culture clash?
- Why Flyhomes is quitting the real estate brokerage business
- The No. 1 secret to not using ‘salesy’ scripts: Now Streaming
More from SelectMore posts in Select »
- The anatomy of a viral real estate post (that also gets you clients)
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Man attacks real estate agent at vacant property outside LA
- Massachusetts broker arrested, accused of embezzling $11.6M
- This real estate exec says artificial intelligence is ‘lying’ to consumers. Here’s his solution
More from streeteasyMore posts in streeteasy »
- In copyright battle with Zillow, CoStar says the portal giant ‘brazenly’ keeps at it
- Inman celebrates its 2025 Inman Innovator Award winners
- Inman celebrates industry visionaries: Announcing the 2025 Inman Innovator Award finalists
- StreetEasy listings fell this week. The portal says FARE isn’t the issue
- Zillow begins sending warnings to brokers ahead of private listing ban
More from the wall street journalMore posts in the wall street journal »
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- DOJ opens criminal investigation into Fed Governor Lisa Cook
- If Fannie and Freddie go public, what happens to mortgage rates?
- Luxury Presence deploys first ‘fully autonomous AI marketing team’
- Outside lawyers, WSJ editorial board urge Trump not to fire Powell
Be First to Comment