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Updated over 10 years ago,
How does the NYC rental market work?
Hi guys! So I recently obtained my NY Sales Person License and am in the process of looking for a broker to sponsor my license. I know that it is customary for a new sales person to start their career of with rentals. I am also aware that the buying party usually pays for the commission on a NYC lease transaction. So my question is as an agent focusing on rentals what will I be doing? Do you get an exclusive right to list units in a building? Are the different agents for the lessor and lessie? For example if I have a client that has asked me to find them an apartment, where will I look for the apartment? Is there a REBNY mls service for rentals?