The Real Deal New York

April 21, 2015 7:06 AM

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The Real Deal New York

Attorney General Eric Schneiderman made a push Monday for the state’s real estate brokers to take advantage of a recent change to the state’s Real Property Law that allows brokers to rebate a portion of their commissions to clients.

Schneiderman’s office issued an open letter to brokers licensed in the state, and encouraged buyers and sellers to negotiate to pay a lower commission.

Also read: House Passes ABA-Advocated SIFI Designation Bill

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