Kyle Hagee
๐ค SpeakerAppearances Over Time
Podcast Appearances
But we didn't talk about what it could mean for X, and it does seem like it might provide well.
But we didn't talk about what it could mean for X, and it does seem like it might provide well.
excited. I'd love that. Yeah, this dude is 26 years old. He's already making waves in the New York City Council. You said brokers were in shambles, but they're still going to get paid. It just depends on by who. And right now in New York City is very unique.
excited. I'd love that. Yeah, this dude is 26 years old. He's already making waves in the New York City Council. You said brokers were in shambles, but they're still going to get paid. It just depends on by who. And right now in New York City is very unique.
excited. I'd love that. Yeah, this dude is 26 years old. He's already making waves in the New York City Council. You said brokers were in shambles, but they're still going to get paid. It just depends on by who. And right now in New York City is very unique.
We have a lot of listeners from outside of New York City, and they're probably thinking right now, wait, the tenant has to pay the broker fee? That is not how we do it. New York City was certainly an outlier in this regard. It goes back decades to when brokers were were the gatekeepers of the rental market.
We have a lot of listeners from outside of New York City, and they're probably thinking right now, wait, the tenant has to pay the broker fee? That is not how we do it. New York City was certainly an outlier in this regard. It goes back decades to when brokers were were the gatekeepers of the rental market.
We have a lot of listeners from outside of New York City, and they're probably thinking right now, wait, the tenant has to pay the broker fee? That is not how we do it. New York City was certainly an outlier in this regard. It goes back decades to when brokers were were the gatekeepers of the rental market.
And now that has been disrupted by online platforms like Street Easy, which was a big proponent of this bill. They threw a lot of their weight behind it. But yeah, this was very much an anachronism of New York City. What they just passed brings it in line with more of the national standard, which is that the person, the landlord who hires the broker to show their apartment
And now that has been disrupted by online platforms like Street Easy, which was a big proponent of this bill. They threw a lot of their weight behind it. But yeah, this was very much an anachronism of New York City. What they just passed brings it in line with more of the national standard, which is that the person, the landlord who hires the broker to show their apartment
And now that has been disrupted by online platforms like Street Easy, which was a big proponent of this bill. They threw a lot of their weight behind it. But yeah, this was very much an anachronism of New York City. What they just passed brings it in line with more of the national standard, which is that the person, the landlord who hires the broker to show their apartment
pays them, and the tenant is relieved of some of these thousands of dollars of costs that were prohibited. You know, many people have to save a bunch of paychecks just for the upfront cost, for the opportunity to live in the apartment, let alone rent that is among the highest in the world. The median rent for an apartment in New York City is $3,500 a month.
pays them, and the tenant is relieved of some of these thousands of dollars of costs that were prohibited. You know, many people have to save a bunch of paychecks just for the upfront cost, for the opportunity to live in the apartment, let alone rent that is among the highest in the world. The median rent for an apartment in New York City is $3,500 a month.
pays them, and the tenant is relieved of some of these thousands of dollars of costs that were prohibited. You know, many people have to save a bunch of paychecks just for the upfront cost, for the opportunity to live in the apartment, let alone rent that is among the highest in the world. The median rent for an apartment in New York City is $3,500 a month.
So this is a big win for renters and tenants who had pushed for this for a long time.
So this is a big win for renters and tenants who had pushed for this for a long time.
So this is a big win for renters and tenants who had pushed for this for a long time.
And we should say that tenants and renters can hire their own broker and pay as well. It's just if you don't hire one, you don't need to pay under this new law.
And we should say that tenants and renters can hire their own broker and pay as well. It's just if you don't hire one, you don't need to pay under this new law.
And we should say that tenants and renters can hire their own broker and pay as well. It's just if you don't hire one, you don't need to pay under this new law.