> the owner does not pay for these services. Not true. The owner "pays" by earning less rent. A broker-managed apartment generally charges less in rent than a

> the owner does not pay for these services. Not true. The owner "pays" by earning less rent. A broker-managed apartment generally charges less in rent than a non-broker-managed apartment. In the latter case, the owner must handle everything and therefore often charges more, about as much as the broker would have. Cut the middleman and both sides take back some of the transaction cost, but the market generally becomes less liquid.