In NYS, what is the % rate for a referral fee when dealing with commercial & residential real estate?

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According to NY real estate law it is 6% but if the seller and buyer agree to a higher commission it would be legal

2007-01-06 05:57:35 · answer #1 · answered by STA-TOW 5 · 0⤊ 0⤋

all fees in real estate are negotiable btween the parties involved. NYS and everywhere else

2007-01-06 13:53:31 · answer #2 · answered by daniel r 4 · 0⤊ 0⤋