February 26,2017
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By Brick Underground
If you've never looked for a rental in New York City, it will probably come as a shock to learn that many apartments are represented by real estate agents who charge you (not the landlord) a hefty fee if you wind up renting. Expect to pay a broker's fee of anywhere from one-month's rent for a less-than-prime apartment or location, or for an apartment that's lagging on the market for some reason, all the way up to 15% of a year's rent (that's $5,400 on a $3,000-per-month apartment).
A "no-fee" apartment, on the other hand, is one that you rent directly from the landord o
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