Its most common in this area that the renter is responsible for the broker's fee which is typically equal to one month's rent which is due at lease signing. Sometimes a landlord is willing to split the fee and/or pay the entire fee but unfortunately that is rare. IMO by the tenant having to pay the fee, in addition to 1 1/2 month security and one month's rent, can really be a financial burden on a renter/tenant and sometimes when I find no units for rent where the owner/landlord is willing to pay the fee, I often tell renters to try finding a for rent by owner unless of course, they don't mind paying the fee.
Depending on what you want to pay in rent, there are 7 rentals that the landlord is willing to pay the commission or at least split it half with the tenant. Here's the information: http://emailrpt.gsmls.com/public/show_public_report_rpt.do?r Feel free to contact me if you are interested.
Gina Chirico, Sales Associate
Weichert Realtors Summit, NJ
908-277-1200 x. 226
Better Homes and Gardens Real Estate Metrobrokers Atlanta, Ga
The renter usually pays the fee, but once in a while it is shared 50/50 renter and owner or by the owner alone.
ERA Carano Realtors
444 Northfield Ave
West Orange, NJ 07052
Office: 973-736-5525 ext 18