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Renters hate to pay broker fees. Could this be the year those fees go away?
In a super-expensive rental market, tenant-paid broker fees can add insult to injury. Now officials in Boston, Cambridge, and Somerville are pushing to end the unusual practice — and hoping state lawmakers will let them.
Massachusetts Gov. Healey wants to ‘abolish’ tenant-paid broker’s fees, as Boston City Council eyes similar change
Gov. Maura Healey called for the abolition of broker’s fees renters are often forced to pay when signing a lease agreement, as the Boston City Council is set to reintroduce legislation that would shift that responsibility away from tenants.
‘They should just go away’: Mass. Gov Healey signals openness to scrapping broker’s fees for renters
Massachusetts Gov. Maura Healey appeared to open the door on Tuesday to scrapping broker’s fees, which can add thousands of dollars to the cost of renting an apartment in what is already one of the most expensive rental markets in the country.
Governor Healey says Massachusetts officials should ‘abolish’ the broker fees that renters often pay
Renters in Massachusetts are typically required to pay a fee to their landlord’s broker, usually equivalent to a month’s rent, before they can move in. Healey said those should "go away."
Massachusetts Gov. Healey calls for ban on tenant-paid broker fees
Conversations about shifting the burden of commissions are being held at the state and local levels, including in Boston.
7h
on MSN
Nation’s biggest landlords used algorithm to overcharge renters in two Alabama cities, feds claim
Alabama is not a party to the suit, yet some of the companies named in the complaint manage or own properties in Alabama, ...
21h
Half of renters pay more than 30% of their income on shelter amid worsening affordable housing shortage. Here’s how California compares.
Netspend analyzed Census data to illustrate the portion of renters in California considered rent-burdened, with over 30% of ...
19h
Alameda County supervisors reconsider tenant protections as renters seethe
When the Alameda County Board of Supervisors failed to pass “just cause” eviction protections at its Dec. 17 meeting, tenant ...
2d
on MSN
Hertz is asking some renters if they want to buy their cars as it continues reducing its EV fleet
The rental company said last year it would sell 30,000 electric cars, including Teslas, Polestars, and Volvos, due to repair ...
1d
on MSN
Several landlords accused of using AI to swindle millions out of renters in NC
On Tuesday, the Attorney General’s Office announced it will be suing six landlords for illegally working together and with ...
1d
on MSN
Proposed bill protects renters, targets mold problems
House Bill 1063, or the Anti-Fungi Act, would require landlords make repairs and provide treatment for mold after it was ...
Insurancenewsnet.com
18h
California Homeowners and Renters Now Have More Access to Insurance Offerings From Farmers | Insurify
Farmers is looking to do more business in California. "Farmers Insurance has decided to take these steps to increase coverage availability for California consumers because we recognize that the ...
Axios Twin Cities on MSN
1d
Pricing software costs Twin Cities renters, White House finds
Twin Cities renters paid an extra $26 per month on average when their landlords used rental pricing algorithms to determine ...
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