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Most NYC brokers don’t share their rental listings with other brokers because there’s no true Multiple Listing Service (MLS) in Large for rentals that all brokers are part of. As a result, industry is extremely fragmented. Engaging with a broker to locate an apartment isn’t any guarantee you may ever truly know about all the apartments online that suit your price, neighborhood, and size desires. Don’t forget that when a NYC broker finds an apartment, positive if you most have in all probability to pay a broker’s fee (commission) equal to around 15% with the first year’s rent. That’s almost two month’s of rent! That hurts!

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