LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
Only Westchester saw a slight increase in closed sales for single-family homes, with a 4.6% gain.
Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—retreated 0.7% from April.
Prohibiting this common practice of collecting a broker fee will reduce the use of real estate professionals in rentals, harming both Realtors and tenants.
The goal of the Summit was to build curiosity while exploring the understanding of diversity, equity, and inclusion within personal and professional careers.
Eligible brokerages must have a Principal who is a member of NAR as of the date of class notice in order to opt in or be released.
The spirit of the region is also captured in the new Orange County Tourism tagline: “The Fresh State of Mind.”
Rockland County designated $13.5 million in American Rescue Plan Act funds for the initiative, which the county intends to commit by the end of this year.
Today, Murray leads a dedicated team, recognized for their expertise and commitment to giving back to the local community.
She joined the Orange County Association of Realtors in 1990 with Century 21 Foley & Latasa Realty (the company changed the name to Century 21 Foley Realty LLC in 2004) and in 2010 joined Hudson Heritage Realty.
Thank you to the following Members who are leading the way in the 2024 RPAC campaign
Developer AMS Acquisitions received preliminary approval of financial incentives totaling approximately $11.6 million in sales and mortgage tax exemptions for a multi-phase $306.7-million, mixed-use development.
The New York metro region’s median listing price of $789,000 in May 2024 was 34% higher than in May 2019.
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