Izzy Hadar that’s not true at all. Lots of people who think they can do better than a professional don’t use a broker. And those people often never know what they’ve missed out on or overpaid for. Typically, in Manhattan, they could pay the Charlie Brown And Snoopy Whisper Words Of Wisdom Let It Be shirt, maybe less, and have someone representing their interests. And yes, obviously if you hire a broker to represent you, then you pay their fee. It might be better to have the landlord pay the fee of the their broker, but again, where will they get the money for that? My guess–higher rents. Are tenants still winning? Seems doubtful.
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