Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Real Estate Professionals
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-13-2016, 02:30 PM
 
2 posts, read 1,833 times
Reputation: 10

Advertisements

Hello, as a tenant I recently signed a lease with the landowner at a co-op, and paid the broker fee when finalizing the lease.

However, the broker is dragging her feet and was late in submitting the paper work to the co-op board, so I may not end up moving-in based on the move-in date from the lease.

If my move-in date changes because of this, I would think that I should be compensated for this change, as it wasn't my fault that the broker was late in submitting the documents on time.

In cases like these, do brokers compensate the tenant for expenses incurred for late move-in dates? I wouldn't think the entire broker fee would be refundable, but I'm very unhappy with her procrastination and the resulting change.

Any insight would be appreciated.
Reply With Quote Quick reply to this message

 
Old 04-13-2016, 10:11 PM
 
Location: Ocala, FL
6,404 posts, read 10,202,185 times
Reputation: 7777
Normally, the broker is compensated by the owner who is leasing the property and not from the potential tenant. Where are you ?? Some closing delays are not always the fault of the broker. Don't expect any special compensation in my experience as a realtor.
Reply With Quote Quick reply to this message
 
Old 04-14-2016, 08:20 AM
 
Location: Just south of Denver since 1989
11,815 posts, read 34,287,950 times
Reputation: 8935
I would bet we are talking about NYC. A strange and different animal.
Reply With Quote Quick reply to this message
 
Old 04-14-2016, 10:56 AM
 
2 posts, read 1,833 times
Reputation: 10
Quote:
Originally Posted by 2bindenver View Post
I would bet we are talking about NYC. A strange and different animal.
Close... Fort Lee, NJ, (Bergen County) right next to NYC.

I would imagine it would be similar, but yes NYC / Bergen County have their own set of rules.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Real Estate Professionals

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top