New York City‘s unique practice of having broker fees applied to tenants looking to rent apartments could be coming to an end, a move that would be an upheaval of New York‘s real estate market.

The FARE Act would make whoever hires a broker pay his or her fee, whether it is the landlord or the renter. Currently, prospective renters pay broker fees, even in situations in which they find their apartment on their own without the help of a real estate broker or agent. In New York, a broker’s fee is typically 15% of the annual rent, which is about two months’ worth of rent, that must be paid upfront.