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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.
‘They should just go away’: Mass. Gov Healey signals openness to scrapping broker’s fees for renters
"Housing costs are high, and we’ve got to do everything we can to drive costs down," Gov. Maura Healey said during a radio interview.
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.
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.
1d
on MSN
Broker McGill offers property war reinsurance for Ukraine
Broker McGill and Partners has launched a commercial property war risk reinsurance programme for Ukraine, which it said on ...
Finance & Commerce
18h
Class B office market in ‘crisis,’ broker says
Class B office spaces face an "existential crisis" as vacancies rise to 14M sq. ft. Brokers predict continued struggles and ...
11d
on MSN
Crypto industry groups sue IRS over broker reporting rule
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...
1d
Advantages Of A Local Mortgage Broker
The Rochon Team can get you started with a faster, easier and cheaper mortgage. Let them help find the best mortgage option ...
JD Supra
5h
7th Circuit Again Upholds Preemption of Negligent Hiring Claims Against a Freight Broker
The Seventh Circuit Court of Appeals recently issued another important ruling for brokers, upholding that a claim for negligent hiring against ...
freightwaves.com
3d
Check Call: Broker transparency rule gets heated as comment period ends
Back in mid-November, the Federal Motor Carrier Safety Administration, at the request of the Owner-Operator Independent ...
Hosted on MSN
8h
Licensed insurance broker pushes business owners to 'know your policy' amid wildfire damage
Licensed insurance broker Jake Blumencranz discusses the impact of wildfires on California insurance. Licensed insurance ...
7h
Real estate broker sells renovated Palm Beach mansion for $16 million (Photos)
Elizabeth “Betsy” Sorrel, a broker with Sotheby’s International Realty, sold her recently renovated mansion in Palm Beach for ...
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Maura Healey
Massachusetts
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