I'm trying to help them out and came across your response. 

It feels like we're on the brink of something big, and I can't help but wonder how it's all going to unfold.Thanks in advance for your responses!

Truth time: I suspect the reason you didn't get any responses back from these alleged "wholesalers and investors" is that hardly any of them are actually transacting deals!

If a response feels weird, it's probably weird.

(And it also this a kick in the butt to find a financial planner, so I will be responsible and do that as well :))Return on Equity equation is adding up your returns (so actual cash flow and the gain on equity for one year) and divide that by your current equity.

., thank you very much for your response again and the threads. 

It's not enough that your company serves the real estate industry, your actual duties should be directly related to real estate, as opposed to the typical executive responsibilities. 2.

Unfortunately it’s very probable you will be responsible for this unless there is a statute of limitations in your state which could come into play.

I am staying steadfast on my response and not backing down (I spent 25 years as a GC/developer fighting with contractors) and have seen this thousands of times. 

Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises...