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Broker Behavior

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Brokers: they don't just rent and sell apartments anymore. The latest broker side-biz is apartment management?calling plumbers, paying utility bills, collecting rent?for overseas clients who are renting out their NYC investment properties. One broker-turned-manager even hands out the owner's holiday tips to building staff, which is probably much more fun to do with someone else's money. It's all done in hope of getting the exclusive whenever the owner decides to sell. [WSJ]