Report: One-third of no-fee ads false

A City Council report released on Thursday concluded that nearly one-third of online rental apartment ads that tout no broker fees are fraudulent. The council tracked 223 agents who advertised no-fee apartments on Craigslist.org and Backpage.com, and found that 31 percent of the apartments did, in fact, have broker fees. more [NYDN]

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Report: One-third of no-fee ads false

A City Council report released on Thursday concluded that nearly one-third of online rental apartment ads that tout no broker fees are fraudulent. The council tracked 223 agents who advertised no-fee apartments on Craigslist.org and Backpage.com, and found that 31 percent of the apartments did, in fact, have broker fees. more [NYDN]

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.