Rental Broker Fee Bill Hurts Agents
If broker fees are pushed onto property owners, there will be several unintended consequences; one of which is that we just won’t allow brokers to lease our units.
If broker fees are pushed onto property owners, there will be several unintended consequences; one of which is that we just won’t allow brokers to lease our units.
Depending on the outcome of three major lawsuits challenging commission structures in the real estate field, the way agents get paid could change – for the better, according to one seasoned observer.
Boston officials plan to investigate how broker’s fees impact the city’s hundreds of thousands of renters, raising the possibility of a New York City-style ban on them and thorny questions about how to make the city’s housing market fairer.
Hot on the heels of a New York City law to ban broker fees in apartment rentals, Boston Mayor Marty Walsh says he intends to do the same thing.