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Some in Massachusetts argue the new rules will have little to no effect, while others predict landlords will raise rents.
Massachusetts' new law eliminates renter-paid broker fees except when the tenant specifically hires a broker. Why it matters: ...
Lawmakers on Beacon Hill in Boston have just passed a budget bill that includes legislation to eliminate renter-paid broker fees.
The state’s new rule is about more than just housing; it dovetails with broader efforts to make life more affordable.
Massachusetts has enacted major changes to its broker fee rules, aiming to shift financial burdens off of renters.
The law mostly shifts fees from tenants to landlords. But since it took effect, some landlords have raised rents, and tenants ...
Banning forced broker fees helps – not hurts – our housing market.
Landlords will have options to offset the cost, but compliance will be crucial as failure to follow the rules could be costly, experts say.
The new law will allow tenants to move without paying sometimes thousands of dollars for a broker they did not hire.