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

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

    The price of those fees can vary widely, though the standard amount is 15% of the annual rent. For the average apartment in Manhattan, where the median monthly rent recently hit $4,500, that would ...

  3. How do real estate agent fees and commissions work? - AOL

    www.aol.com/finance/real-estate-agent-fees...

    Assuming a 5 percent total commission under that model, here’s roughly what sellers could expect to pay based on the price their home sells for: Home’s sale price. Seller’s agent commission ...

  4. Real estate agent commission rules change Saturday. Here's ...

    www.aol.com/news/real-estate-agent-commission...

    August 16, 2024 at 3:00 AM. Real estate commission rules are changing Saturday. (Associated Press) On Saturday, industry rules governing real estate agent commissions will change — a shift some ...

  5. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Real estate agent. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the ...

  6. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/National_Association_of...

    The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.

  7. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    Broker's price opinion. A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a ...

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