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
The integration with the New York Residential Agent Continuum paves the way for the organization's first local chapter while turning up the heat on its rivalry with NAR
The New York City Council passed a bill to shift responsibility for broker fees from renters to property owners last month. Real Estate Board of New York is attempting to stop its enforcement
The bill shifts responsibility for broker fees from renters to property owners in hopes of easing affordability woes. However, opponents say the bill will only raise costs for renters in the long run
A new draft seller contract that eXp Realty is distributing to its brokers and agents is largely consistent with a newly issued set of criteria from the Consumer Federation of America
REBNY members on Wednesday demonstrated against the FARE Act, a bill that would require rental property owners to cover the cost of broker fees, rather than pass them off on tenants
Opinion
Agents need to take their clients behind the headlines and explain how New York City's change to brokers' fees could hurt them
State legislation might have required property search websites to display offers of compensation to buyer's brokers
REThink Real Estate
Many borrowers duped into taking loans with higher rates
Property sale set stage for battle on fee issue
Part II: Broker fees divide industry