Inaccurate listings, violations of the Fair Housing Act may result in big fines for NYC brokers

… Hefty fines for missing or inaccurate listing information may mean … real estate trade association says it will begin to issue fines for data violations in its Residential Listing Service  database starting September 15th Fines can run as high as $20000 per sales listing and $3200 …

By Jennifer White Karp |July 31, 2020 - 3:30PM
Listing sites to resume days-on-market counters as if the shutdown happened yesterday

… When real estate listing sites resume their daysonmarket counters it will be … renthop will count the past three months as one day on its listings John Canniffe head of REBNYs Residential Listing Service RLS says the move will allow brokers to get …

By Jennifer White Karp |June 18, 2020 - 12:00PM
5 ways renting in NYC is unlike anywhere else

… knowbut will quickly discoverthat this is also true of the rental market here Renting in this city is more complicated … example capping security deposits at the equivalent of one months rentso no more asking for a security deposit  plus … fees are also capped they are now $20 Youd be wise to brush up on the changes so a landlord doesnt try to take …

By Brick Underground |June 3, 2020 - 1:30PM