Last week, NYSAR launched a Call for Action in support of
S.5693-B(Zeldin)/A.7979-B(Lavine), which amends Section 442 of the Real
Property Law titled "Splitting Commissions" to explicitly state that nothing
shall prohibit a broker from offering any part of a fee, commission, or other
compensation received by the broker to the seller, buyer, landlord or tenant as
an incentive for using the services of that broker.
Your action and support are needed immediately.
The bill has yet to be voted on by the Assembly or Senate, and this is the final
week in the 2014 legislative session! Please
click
here to take action and tell your member of the
Assembly and your state senator to vote "yes" on S.5693-B(Zeldin)/A.7979-B(Lavine).