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The Real Deal New York
Paying the right commission is ultimately up to you
June 22, 2018 10:00AM
Kenneth R. Harney
So you think things don’t get rough in real estate and feathers don’t fly when agents’ commission money is at stake? Ha. Listen to...
Elliman did nothing to justify a $1M commission, Taylor Swift’s company says in response to lawsuit
March 07, 2018 03:35PM
Taylor Swift’s management company wants Douglas Elliman to shake it off. The pop star’s Firefly Entertainment filed a motion for a judge to dismiss...
After the closing: What happens when brokers battle over commissions
January 30, 2018 07:00AM
When a busted partnership between a pair of brokers at Newmark Knight Frank gave rise to fight over a $1.1 million commission, a panel...
Brokers win $1.2M in six-year-long commission battle
November 21, 2017 07:00AM
A pair of brokers who were cheated out of commission on a $28 million contract got paid off — with interest — after a...
Realogy shelled out $53M in commissions amid hiring push
November 03, 2017 12:30PM
Nine months after CEO Richard Smith vowed to turn Realogy into a “recruiting machine,” the company is facing a bittersweet reality of a successful...
Commission competition ramps up
July 17, 2017 07:00AM
From the July issue: When Upper East Side socialite Shafi Roepers decided to relist her co-op at the exclusive 4 East 66th Street this spring, she...
Luxury home sellers using incentives to push brokers to sell
June 14, 2017 01:50PM
Sellers of the some of the country’s most expensive homes are increasingly negotiating broker commission structures to include incentives, in order to push agents...
Extell to pay 50% commissions upfront to spur new-dev sales
February 02, 2017 01:30PM
Extell Development is wooing brokers for three of its upcoming residential buildings with the promise of cold hard cash upfront.
Resi market report: The commission split dance
January 23, 2017 07:00AM
From the January issue: Before ringing in 2017, many of the city’s residential agents were furiously trying to ring up a few more sales. Adding...
Average US real estate commissions dropping to low 5% range
January 13, 2017 12:30PM
The average commission rate paid on American home sale transactions continues to decline and could dip below 5 percent within the next few years.
US resi brokers make some of the world’s highest commissions: report
October 07, 2016 10:50AM
The U.S. is one of the most expensive countries to buy a house, partly because its real estate brokers receive some of the highest...
I-sales brokers feeling the crunch
August 11, 2016 10:15AM
The investment sales market went into a slump during the first half of the year, which means one thing for commercial real estate brokers
The murky world of broker commissions
May 22, 2015 11:00AM
It’s one of the dark corners of American real estate that doesn’t get much attention from consumers: When realty agents representing potential buyers don’t...
AG calls on NY brokers to give rebates
April 20, 2015 05:25PM
Attorney General Eric Schneiderman made a push Monday for the state’s real estate brokers to take advantage of a recent change to the state’s...
Azad Property faces $20M suit amid fight with co-founder
September 05, 2014 12:10PM
A former broker and partner at Azad Property Group asked a Manhattan Supreme Court judge to block the firm from transferring any legal proceeds...
A snapshot of three firms’ splits
July 18, 2014 04:30PM
From the July issue: Split schedules vary slightly at traditional firms. But one insider provided TRD with the split schedules for three firms: Corcoran, Elliman...
Splits grow more crucial as NYC’s market tightens
July 17, 2014 10:30AM
From the July issue: Real estate veterans Paul Purcell and Kathy Braddock spent seven years building Rutenberg Realty into a fast-growing firm that lets brokers...
Court hands Extell another loss in $1.5M commission fight
June 23, 2014 05:05PM
A New York State appellate division panel rejected what was likely Extell Development’s last effort to pay a much lower commission rate on a...
Buyers’ broker prevails in “game changer” commission ruling
October 01, 2013 12:24PM
A New York State appeals court has issued a groundbreaking decision that lawyers said will protect buyers’ brokers when they are bypassed on commissions,...
Urban Sanctuary switches to 100 percent commission model; Roth, Krispin part ways
June 12, 2012 01:30PM
From the June issue: In a bid to expand and attract new talent, the residential sales and rental brokerage Urban Sanctuary is switching to a...
Show me the money: The RE law firms that handled the most sales, loans in New York
Sam Chang snaps up $76M construction loan for NoMad hotel
This precedent-setting rent regulation case kept lawyers (and landlords) busy this year
Brookfield closes on stake in $650M Waterside Plaza complex
Sales officially launch at Central Park Tower
October 2018 issue
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