The bill shifts the responsibility for broker fees from renters to property owners in hopes of easing affordability woes. However, opponents of the bill say it will only raise costs for renters in the long run.
Source: Inman News
NYC Council passes bill to end broker fees for renters
Published in afforability, Agent, broker fees, Brokerage, Chi Osse, FARE Act, Markets & Economy, new york city, rebny, Rentals and Select
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