Politicians in Cambridge, Boston and Somerville are all seeking to stop tenants from having to pay apartment broker fees. But two industry leaders say that any potential change could have undesirable ramifications.
The push in all three cities comes in the wake of a New York City Council vote that shifted the responsibility from renters to landlords. Gov. Maura Healey also included a measure in her $5 billion housing bill to do the same, but legislators removed it before the bill passed this summer.
Source: Real Estate Leaders Say Apartment Brokers Devalued in Fee Controversy – Banker & Tradesman
