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.
He decided to hire a broker himself, who secured him an apartment for $2,250 per month with a broker fee of $2,500. New York City and Boston are the only U.S. cities where tenants often pay ...
The Council on Wednesday approved the revised FARE Act, shifting broker fees from tenants to the hiring party, typically ...
The New York City Council passed, in a 42-8 vote, a bill that will put an end to forcing tenant-paid brokers fees, as the ...
Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers ...
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