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- What Does No-Fee Mean When You Rent an Apartment? - realtor. com
It's a cost that often falls to the tenant If an apartment is no-fee, it either means that the landlord has agreed to pay the broker fee directly, or there is
- What Is a No-Fee Apartment in NYC? - StreetEasy
One such term you’ve likely come across is “no-fee apartment ” What does that mean? Well, using a broker to help you find a rental is standard ― but it’s not free Typically, someone has to pay for the broker’s services, and in NYC, who pays that fee can vary from apartment to apartment Here’s everything you need to know about no
- What Does “No Broker Fee” Mean in Rental Listings?
What Does “No Broker Fee” Mean? A rental listing with “no broker fee” means you, as the renter, don’t have to pay the broker for their services Instead, the landlord covers this cost
- What does No Fee actually mean? : r NYCapartments - Reddit
When you seen an apartment listed as "no fee" on StreetEasy or on a Reddit post, the "no fee" means you do not pay a brokers fee The management office is the one that will pay the broker once the apartment is rented
- What Is A No-Fee Apartment? - Stuytown
A no-fee apartment means the renter does not pay a broker’s fee A fee only exists when a broker is involved A landlord or management company may pay the fee on the tenant’s behalf, in which case the apartment is advertised as no-fee
- Whats the Difference Between Fee and No-Fee Apartments?
Most landlords or property owners hire brokers to help rent out their empty units The difference between a fee or no-fee apartment is simply who is paying the broker's fee For fee apartments, the soon-to-be tenant foots the bill For no-fee apartments, the landlord is the one shouldering the cost
- What is a Broker Fee? | Lemonade Insurance
A broker fee is a sum of money which a broker charges tenants in return for assistance in finding their future rental home It’s the equivalent of a commission or “finder’s fee” and has to be paid—typically by the renter—before moving in
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