Latest updates for Broker Fees
Fresh curated links around Broker Fees are collected here so marketers can spot useful updates and turn timely ideas into posts faster.
Recent items include:
- Broker fees explained: Why tenants end up paying extra while renting a home
- A year since NYC banned most broker fees, a modicum of fines and the ‘bait and switch'
- FSBO Sellers: Don’t Argue About the Buyer’s Broker Fee. Do the Math.
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A year since NYC banned most broker fees, a modicum of fines and the ‘bait and switch'
Councilmember Chi Ossé speaking in support of the FARE Act in November 2024. NYC has helped tenants recover $15,500 in illegal fees and assessed $27,000 in fines since the FAR...
FSBO Sellers: Don’t Argue About the Buyer’s Broker Fee. Do the Math.
A seller recently came to me with a concern I expect to hear more often: “I don’t want to pay the buyer’s broker.” That reaction makes sense. If you are selling your home FSBO or t...
Compass transaction fees under fire in new class-action suit
Homebuyers in Florida are alleging that the modification of their purchase contract to include a $475 brokerage fee was both “illegal” and “unreasonable.”
Could a $475 Compass fee spark the next wave of real estate lawsuits?
A Florida suit over a $475 Compass transaction fee highlights post NAR settlement scrutiny and attorneys expect possible copycat filings.
Florida homebuyers sue Compass over $475 transaction fee
Florida buyers sue Compass over a $475 closing transaction fee, seeking class status for fees charged from June 2022 to June 2026.
FARE Act generates thousands of complaints, tenant refunds in first year
A year after New York City’s broker fee overhaul took effect, the law has generated a steady stream of complaints, enforcement actions and tenant reimbursements, offering a glimpse...
MARIS fee waiver a response to broker discontent with other MLSs
Calling it a “brokerage-agnostic” move, the MLS will waive fees for new subscribers seeking a “stable, reliable” option amid ongoing listing feed disputes.
Compass sued by homebuyers over $475 transaction fee
Compass Florida is facing a proposed class action lawsuit in Palm Beach County over a $475 transaction fee that homebuyers say was improperly added.
Referral fees, private listings, double-dipping: What the data says
Consumer Policy Center fellows Stephen Brobeck and Wendy Gilch discuss three controversial reports examining buyer agent commissions, referral fees, and Compass's growing market in...
New brokerage Showings bets on buyer leads over listing commissions
Showings said its aims to modernize the selling experience through a fee-free structure "centered on savings, efficiency and buyer activity."
HomeMine Connects Home Sellers With Top Real Estate Professionals While Offering Reduced Listing Fees
Court rejects REBNY’s FARE Act appeal
The Real Estate Board of New York took a legal drubbing in its bid to bust the city’s apartment broker fee bill. A federal appeals court has quashed the board’s effort to revive ke...
How to Sell Your Home Without Paying Agent Commission in 2026
In 2026, a home sale in America comes with one of the highest transaction cost: agent commissions. The national average commission is 5.70%. For a home sold at the median […] The p...
Inside NYC’s luxury rental frenzy
Mike Fabbri has been quietly searching for a buyer for his client’s West Village townhouse. So far, he hasn’t had any takers. Instead, the Agency broker is fielding calls from agen...
Sellers are only making a 'choice' if they know all the facts
Brokerages are allowed to benefit from a deal — but fiduciary duty requires full disclosure, including unbiased data on the downsides of private listings.
The Daily Dirt: FARE Act returns just $7 per complaint to consumers
See if you can catch this contradiction: A City Reporter article on June 8 said the FARE Act in its first year “created a flood of complaints about landlords not following the rule...
DPE exorbitant cost?
Seems quite high. Have you discussed with the agent whether any deal to be had? We sold a flat a few years back and agent paid for it. And more recently the agent used a firm t...
Bad breakup: Agent accuses his ex of withholding commission share on LVMH Miami lease
Relationships are everything in real estate, but in this case, an agent claims ending romantic ties with a brokerage founder left him short of a commission share on a high-profile...
Commercial Leasing Partner
I want Leasing partner who can invite brands on our commercial property (Budget: ₹12500 - ₹37500 INR, Jobs: Brand Management, Business Development, Contract Management, Market Anal...
Funda shakes up its fees, will let sellers advertise directly
Real estate website Funda is raising its prices, and some deals will cost estate agents and other sellers more than...
Ex-Christie’s tri-state affiliate accused of withholding commissions
The former Christie’s International Real Estate franchise covering the tri-state area claims its agents are behind billions of dollars in sales volume. But agents say payment issu...
I’m selling my $1 million Maui home. Will my agent charge me less than a 6% commission?
“Legislation introduced in 2024 was designed to finally upend the traditional 6% real-estate commission model.”
Closing Costs for Sellers: A Breakdown of How Much You’ll Pay
How much are closing costs for sellers? Which expenses are they required to pay, and what’s negotiable? We cover everything from commission fees to property taxes in this Redfin gu...
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