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What are no fee apartments?

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Anonymous

16y ago
Updated: 8/17/2019

No Fee apartments are units for which you do not have to pay fees. In most cases those fees are brokerage fees. Owners can offer no fees directly to the public, or may pay the brokerage fee themselves. Understand that this can mean that the landlord has increased his price to offset the commission he pays. So you may end up paying more than if you had to pay a fee.

Second, while a condo or coop can say no fee, there can be many fees like condo application fees, or move in fees that can add up to thousands in some cases.

Courtesy of Think Properties NYC

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Wiki User

16y ago

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