Who pays the agents' commission when renting in New York city?
Our out of town investor buyers often buy multiple condo units when they are in town visit, we educate them about the market and many differences compare to other parts of the country or world.
Many of our condo owners are not familiar with NYC condo market, when they buy an investment property, they ask who pays for renter agent's commission when they rent out their NYC Condo.
There is no black and white answer, it really depend on how active the rental market is. In today's rental market (Summer 2012), we are seeing 99% of potential tenants pay for both renter and owner agents' commission.
If you are an owner and seek for an experienced agent to assist you in finding the right tenant, we are the agents for you. Call today at (917)837-8869.
Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)
Our team specialize in Manhattan New York Condominiums, townhouses, and condops.