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258 points JumpCrisscross | 1 comments | | HN request time: 0.263s | source
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kelnos ◴[] No.42132344[source]
I never understood why landlord brokers are even a thing in a market like NYC. I live in SF and I've never heard of such a thing here, and we probably have a similar market when it comes to landlords getting to take advantage of high demand when it comes to listing visibility and negotiation.

Why do landlords think they need a broker in order to rent out their units in NYC? I would think demand is so high there that listings on all the regular-suspect listing sites would be more than sufficient to get their units rented quickly and at a price they're happy with.

No-fee listings seem to be a thing in NYC, but appear to be for a small minority of units.

replies(5): >>42132390 #>>42132783 #>>42132956 #>>42133149 #>>42133355 #
1. SoftTalker ◴[] No.42132783[source]
> Why do landlords think they need a broker in order to rent out their units in NYC?

In NYC, it probably ties back to organized crime somewhow.