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Boston is 1 of last places to allow renter-paid broker fees
Boston is one of the last places to allow renter-paid broker fees
In the Greater Boston area, the broker’s fee is usually an entire month’s rent. According to Zumper, the average cost of a Boston apartment was just over $3,000 in November. That puts total move-in cost (first and last months’ rent, security deposit, and a broker fee) at a total of at least $12,000.
Tell us: Should Boston shift broker fees to landlords?
On Wednesday, the New York City Council approved a bill that would shift the financial burden of broker fees from renters to landlords.
Would Boston end broker fees for renters, now that New York City is about to?
New York City appears to getting rid of broker fees. In Boston, where 65-percent of residents rent, it's still an issue.
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Boston explores fee on vacant storefronts to revitalize neighborhoods
To fill empty storefronts in Boston's neighborhoods, City officials are considering imposing a fee on commercial properties ...
The New York Skyline
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NYC Council votes to end forced broker fees
The Council on Wednesday approved the revised FARE Act, shifting broker fees from tenants to the hiring party, typically ...
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