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Old 03-10-2022, 05:58 PM
 
Location: OC
12,926 posts, read 9,710,466 times
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Hi total newb question and I know, Google is my friend, but love the insight this forum provides. I assume usually the tenant pays for the broker fee? Is it possible for the landlord to pay?
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Old 03-10-2022, 06:15 PM
 
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Every time a listing says "No fee," it usually means that the landlord is paying it.
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Old 03-11-2022, 06:48 AM
 
9,900 posts, read 14,222,386 times
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The question may be market specific.
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Old 03-11-2022, 07:03 AM
 
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Definitely market specific. Using a broker to find an apartment is unheard of in a lot of places.
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Old 03-11-2022, 08:53 AM
 
Location: Raleigh, NC
2,743 posts, read 4,849,524 times
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I've used an apartment broker during several moves (to medium and large cities). They all worked at no cost to me (even driving me around in their cars). They all got a referral fee from the apartments if I signed.
Also, I understood that they only suggested complexes that would do so. IE: some apartment management firms didn't do referral fees, so they were omitted by the brokers. -- seems logical and fair to me.

If their practices aren't obvious on their websites, just ask them, they shouldn't be reluctant to provide details.
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Old 03-11-2022, 04:35 PM
 
Location: OC
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Thanks all. It's for NYC, where everything is negotiable.
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Old 03-11-2022, 06:54 PM
 
Location: Phoenix, AZ
6,356 posts, read 4,990,276 times
Reputation: 18077
Whether it's out of pocket or as rent, if it's a desirable apartment, the tenant pays.
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