Mediation assignments for tenants have been a thing of the past since July 1 – those looking for a new apartment save thousands of euros. Theoretically – in practice, black brokerage sheep are finding new ways to cash in on tenants. The “Krone” shows by what pattern this happens and explains how to protect yourself.
One case a day: The ordering principle has been in effect for 40 days when looking for an apartment – and the Labor Chamber has since received more than 40 complaints on this subject. Because since July 1, brokers are only allowed to charge those commissions that give them commission. So usually from the landlord. It is understandable economically that brokers are trying to reduce the loss of revenue – after all, they have cashed in on both sides beforehand. However, it is not allowed by law.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
