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.
Todd Stevens was recently promoted to New York City-based brokerage firm Real’s New York State Broker of Record, after working with Real as its ‘Broker-in-Charge’ for the past few months.
Previously, Stevens was most recently a Branch Manager at Coldwell Banker. In his career, he was formerly one of Douglas Elliman’s top 10 agents and sold more townhouses than any agent in Manhattan from 2004 to 2014. He also supervised 15 new development projects.
Real’s 375 New York agents and brokers sell and rent across the state, from Lake Erie to the Hamptons. Real is operational in 48 states and the District of Columbia in the U.S. and four Canadian provinces. Since the beginning of 2023, The Real Brokerage has launched in three states, including South Dakota and Delaware, and the Canadian province of Manitoba. Founded in 2014, the company serves 48 states, DC, and four Canadian provinces.
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