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Usually, the renter will pay the brokerage fee, but you don't always have to! Instead, there are several no-fee apartments available--especially in NYC. I've found that the best site for no-fee rentals in the NY region is urbanedgeny.com. Urban Edge provides helpful guides and information for all potential renters.
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Who pays apartment rental fee?
Usually the landlord, but there's no law about it.
Do apartment rental agencies charge a fee?
Apartment rental agencies do charge a fee. That is how they would make their money. People contact them when they need and apartment and the agency will connect them in apartments avaiable in the area.
How do you pay a real estate agent when you sell your house?
The seller pays a fee for service to the listing brokerage firm and selling brokerage at closing out if the sellers proceed. The agent is paid by their brokerage on a commission split with the firm.
Does the Better Business Bureau cover rental apartment agencies?
Yes, the Better Business Bureau covers rental apartment agencies. Any business where a service is being provided for a fee can be covered by the BBB.
What does gars stand for on a rental car receipt?
"Government Administrative Rate Supplement". When the government rents a car, there is a fee associated with this that the government pays to the rental company.
Do you have to pay an application fee for an apartment?
Most property managers require an application fee to see the Tenant's seriousness in the rental. Also, they want to make sure you are not wasting their time with bad credit or bad rental history.
What is an administration fee on an apartment rental lease?
It's not really the rental lease on which there is an administration fee, it's the application for the lease, which is collected at the time of the application. This covers the cost of processing the application, most notably, including conducting background checks.
What are no fee apartments?
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
What is assist 2 sell?
Assist to Sell is a national real estate brokerage that helps you to list and sell your home for a small set commission fee and not a percentage fee for commission as a conventional brokerage charges
Doesan apartment finder charge a fee?
Most apartment finders charge there fee to the aprment owner not to the renter.
Is a condominium like an apartment?
In some cases a condominium is like an apartment. However, a condominium is form of fee ownership ( each unit owner is the absolute owner of their unit) by which several owners share ownership of a building(s) by each owning their respective units. In a condominium scheme each unit owner also owns a proportionate interest in all other common areas of the project such as the grounds, pool, laundry facilities, community rooms, etc.An apartment is generally a rental unit in the US and Canada. In Europe, an apartment can be a rental unit or a unit in a building that is owned in fee much like a condominium.
What is the difference between condominium and apartment?
In the United States a condominium is a form of fee ownership of a unit in a multi unit complex. An apartment (sometimes called a flat) is typically a rental property consisting of a room or suite of rooms in a building containing a number of such dwellings.
