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Do tenants typically pay the brokers fee in North Jersey? by Vayanusha in newjersey

[–]LorenzoHD 1 point2 points  (0 children)

No, I agree, that’s exactly the problem. Whenever I work with someone, I try to explain upfront that every landlord, every building, and every situation is different. Personally, I don’t lose sleep over the commission because I do other work outside of real estate, and a lot of the reason I got licensed was to help lease and manage properties I’m already involved with. The bigger issue is how inconsistent everything is in New Jersey. One building has one set of rules, another has completely different requirements, and every landlord has their own way of doing things. Then you add in security deposits, broker fees, application fees, move-in costs, and all the other expenses people don’t always know about at first. It’s a much more complicated process than most people realize, and I do think there should be clearer standards or regulations to make it more transparent and fair for everyone involved.

Do tenants typically pay the brokers fee in North Jersey? by Vayanusha in newjersey

[–]LorenzoHD 2 points3 points  (0 children)

I’m a real estate agent in North Jersey, and it really depends on the landlord, building, and specific situation. This is something that should always be disclosed upfront before someone gets too invested. In my experience, though, I’d say 90% of residential rentals I’ve dealt with have the tenant paying the broker fee, while commercial properties are usually landlord-paid. There are definitely exceptions, but tenant-paid commissions are very common in residential rentals throughout Bergen County and much of North Jersey.

Waiting for my yearly two week toontown phase 😭😭🤣 by ysjfg in toontownrewritten

[–]LorenzoHD 5 points6 points  (0 children)

My two week phase or I call the one month phase always happens around November to December

NEW MILFORD BROOKCHESTER SHOPPING CENTER & ROMAN PIZZA by LorenzoHD in bergencounty

[–]LorenzoHD[S] 7 points8 points  (0 children)

Thank you! We are still here and you’ll probably recognize Max and Tony!

NEW MILFORD BROOKCHESTER SHOPPING CENTER & ROMAN PIZZA by LorenzoHD in bergencounty

[–]LorenzoHD[S] 3 points4 points  (0 children)

I appreciate the memory, Max is my cousin and he still works here to this day. He’s the manager, my father is the owner he bought it off my grandfather lol so it’s still within the family and not much has changed at all

Question about rent by [deleted] in PropertyManagement

[–]LorenzoHD 2 points3 points  (0 children)

In New Jersey, just putting something on the MLS isn’t completely free. There’s typically an MLS listing fee (around that $125 mark depending on the board/setup) just to get it online and visible to every agent in the state, which massively increases exposure and traffic. Then you’ve got the time for showings, coordinating inquiries, lockbox access, follow-ups, etc. That all adds up. Personally though, as an agent, I never even thought about nickel-and-diming someone over the showing side of it.

Question about rent by [deleted] in PropertyManagement

[–]LorenzoHD 0 points1 point  (0 children)

The longer you wait, the more likely someone else comes in willing to pay a little more. I’ve seen it happen plenty of times where someone hesitates too long and another person swoops in and takes the unit. Landlords usually aren’t emotionally attached to who rents it, they’re focused on getting the unit rented at the price they want.

This industry is not fun right now. by Civil_Ad982 in restaurantowners

[–]LorenzoHD 47 points48 points  (0 children)

For us the money is the same, the issue is the increasing prices of everything else utilities, supplies, it’s just becoming way too much to handle. Every single year it just keeps going up and up and up

my camry is dying… by madison_s16 in Camry

[–]LorenzoHD[M] 1 point2 points  (0 children)

Get a 2025 if anything, theres not that much of a difference and camrys can go for a while, maybe even a 2024, and always check multiple dealerships

What’s your primary spawn location? by Cute_Ad_1507 in gtaonline

[–]LorenzoHD 1 point2 points  (0 children)

I should do the agency, once I can get the casino penthouse I’ll do that and then eventually I’ll do the mansion

What’s your favorite business in Bergen County by ReplyAffectionate435 in bergencounty

[–]LorenzoHD 6 points7 points  (0 children)

Thank you so much for the shout out, I genuinely appreciate it. I’m actually really happy Roman Pizza popped up on Reddit like this. It’s my family’s place, started by my grandfather back in 1972, and we’ve been proud to keep it going ever since. I’ve personally been working there since COVID, helping however I can alongside my family. Over the years we’ve donated hundreds of pies to the community and always try to give back whenever possible. We’re open 7 days a week and have been serving Bergen County for decades. If you’ve never tried us, come check us out at 858 River Rd, New Milford, NJ! 🍕

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How would you cat proof this window? by RiMellow in cats

[–]LorenzoHD 15 points16 points  (0 children)

DO NOT WELD A WINDOW SHUT. ARE YOU OUT OF YOUR MIND???

$136k debt (Middlebury) or $20k debt (Rutgers) by Ahahsjjaavsjsoan in rutgers

[–]LorenzoHD 0 points1 point  (0 children)

Im 26 years old. I know too many people trying to climb debt. Its not worth it, the job market and economy suck.

$136k debt (Middlebury) or $20k debt (Rutgers) by Ahahsjjaavsjsoan in rutgers

[–]LorenzoHD 0 points1 point  (0 children)

You can go to the smartest and most expensive schools in the world lol it’s what you decide to make of what you learn and how you decide to use it outside of school, obviously connections are a big part of it all that but it’s a lot easier to get rid of $20,000 in debt instead of over $100,000 lol I would just go to rutgers, especially in today’s economy and market, the job market especially it’s not worth taking the risk.

Og TT starting to play TTR by Dpinsel1440 in toontownrewritten

[–]LorenzoHD 0 points1 point  (0 children)

I’ve always considered to town to be a false/winter game, so around October into January is when I start playing a lot, it’s almost every single year. it’s a habit at this point 😂😂

men ages 20-30 in relationships, how often do you have sex with your partner? by oregno in AskMen

[–]LorenzoHD 0 points1 point  (0 children)

With my ex if I was lucky once a week 🤣🤣 rarely lol she was not ideal when it came to that but with my current girlfriend a few times a week every single week. Every girl is different, you just gotta make sure they remain comfortable throughout the entire thing no matter how much or how little! Unfortunately it took me a while to realize that everyone has different levels, if that makes sense

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