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17 kwi 2024 · A broker fee is a commission paid to a real estate agent for renting an apartment. In NYC, the rental broker fee is often 15% of the annual rent. However, some apartments may have a lower lower fee of one month's rent or even no fee.
When they are, the fee, which is negotiated between the broker and renter, is typically 10 to 15 percent of the first year's rent on the property. In other words, if you're renting an apartment that costs $3,000 a month, and your annual rent will be $36,000, expect to pay anywhere from $3,600 to $5,400 in brokerage fees on top of your first ...
Our calculator assists in estimating the broker fees for apartment rentals in NYC, which range from 1 month to 15% of the first year's rent.
27 gru 2023 · A broker fee in NYC is charged by a real estate broker for you to rent an apartment they introduced you to. You must pay the fee to the broker either when you submit your application or before you sign the lease. Once you pay it, that money is gone forever. You don’t get it back when you move out.
28 cze 2021 · The typical rental broker fee in NYC is either one month rent or 15% of the annual rent. Occasionally, you may come across a listing with a 12% broker fee. The exact rental broker fee varies by listing in NYC based on the commission agreement negotiated between the landlord and the rental broker.
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).
15 gru 2023 · Broker fees typically range from one month’s rent to 10-15% of yearly rent. Here are sample move-in costs for a $3,600/month apartment — the citywide median asking rent as of October 2023 — with a security deposit and 12% broker fee.
