A broker is an individual that works as the intermediary between buyers and sellers in the stock market or in real estate. Brokers earn a fee for their work. The broker fee (also known as a brokerage ...

For a long time, buying and selling a home in the U.S. generally went like this: The seller would pay a commission that would be split by the buyer's and seller's agents, often totaling 5% to 6% of ...

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

Real-estate agents and brokerages are tacking ludicrous fees on to a growing number of house sales — and it's driving up the cost of home buying.

Tenants are preparing to say farewell to brokers’ fees as a law takes effect Wednesday requiring whomever hired the agent to pay the fee. The law, known as the Fairness in Apartment Rental Expenses ...

Real estate groups are challenging a ruling by a federal judge that allowed New York City to begin enforcing a new law requiring landlords, rather than their tenants, to pay fees for hiring listing ...

New York City is preparing to enforce a sweeping new law that aims to eliminate most residential broker fees and is proposing fines as high as $2,000 per violation. The city’s Department of Consumer ...

When Jonny Ballesteros and his fiancée, Jen, began house-hunting, they weren’t sure what to expect. It was the first purchase for the couple, who are both 29, and in the competitive San Diego-area ...

Landlords and brokers who charge tenants illegal broker fees could face fines starting at $750 once a landmark law restricting the payments takes effect in June, according to documents published by ...

An increased push for consumer transparency in 2025 forced the real estate industry to examine how it handles referral fees.

CITYWIDE — THE FAIRNESS IN APARTMENT RENTAL EXPENSES (FARE) ACT, WHICH prohibits landlords from passing broker fees on to prospective tenants, is now in effect, NYC Department of Consumer and Worker ...