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2. NYC bans unusual practice of forcing tenants to pay real ...

   www.aol.com/nyc-bans-unusual-practice-forcing...

   Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under legislation that passed Wednesday after overcoming fierce backlash from ...

3. Home buyers to be spared broker commissions up to 6% ... - AOL

   www.aol.com/news/home-buyers-spared-automatic...

   A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.

4. NYC considers ending broker fees for tenants, angering real ...

   www.aol.com/news/nyc-considers-ending-broker...

   He had strong real estate industry backing during his campaign and moonlighted decades ago as a real estate agent while working in the city’s police department. Show comments Advertisement

5. Multiple listing service - Wikipedia

   en.wikipedia.org/wiki/Multiple_listing_service

   A multiple listing service's database and software is used by real estate brokers in real estate (or in other industries, for example, aircraft brokers [1]), representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller's broker in ...

6. Closing costs - Wikipedia

   en.wikipedia.org/wiki/Closing_costs

   The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...

7. Flat-fee MLS - Wikipedia

   en.wikipedia.org/wiki/Flat-fee_MLS

   In a flat fee MLS listing, the listing agreement between the real estate broker and the property owner typically requires the broker to enter the property into the MLS and provide other contracted services, with the broker acting as what the traditional industry has coined a "limited service broker". However, the flat fee industry prefers the ...