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As Gov. Maura Healey prepared to roll out her annual budget in January, she preannounced plans to include a measure outlawing ...
Many brokers work on commission only – meaning zero salary. Given the competitive nature of the industry, many go several ...
"If you've moved apartments recently, you've probably paid four months rent up front – first month, last month, security ...
A proposal by Governor Maura Healey could change who's responsible for paying broker fees in the Massachusetts rental market.
As the real estate industry looks to increase transparency for consumers, referral fees could be the next target for scrutiny ...
A surprisingly fast state budget deal reached over the weekend includes a provision that's aimed at banning tenant-paid apartment broker fees.
Acknowledging a precarious financial moment, legislative leaders on Sunday released a spending plan that clocks in about a ...
Higher costs: Some brokers charge fees that can increase overall loan expenses. Transparency concerns: It may be unclear whether brokers recommend the best loans or those offering highest commissions.
New York City renters who settle on apartments that have broker fees pay an average of almost $13,000 to secure the keys to a property, which frequently includes thousands of dollars in fees for ...
New York and Boston have long been the only two major U.S. cities where tenants are often required to pay a broker's fee for renting an apartment. The cost can be as high as 15% of one year's rent.
StreetEasy projects that with the broker fee burden lifted, renters can expect the average upfront cost of signing a new lease to decrease 41.8%, from $12,942 to $7,537.
NEW YORK (PIX11) — Wednesday marks a new day for renters in New York City as they no longer can be forced to pay a fee when a broker lists an apartment on behalf of a landlord. The Fairness i… ...
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