Survey Results on Broker Fee Debate

Boston Pads recently conducted a survey to gauge perspectives on broker fees in the Boston rental market, with a particular focus on how small property owners might be impacted. Their feedback provides valuable insight into how such a shift could reshape the rental market and affect housing availability.

Property owners want the flexibility to structure their leasing process in a way that best supports their business, and many worry that limiting choices could lead to fewer agents in the marketβ€”making it even harder to navigate compliance and secure quality tenants.

Take a look at the results below.

Do you support a change in the law stipulating that landlords that give their listings to brokers be forced to pay the broker’s fee?
πŸ“Š 91.6% - NO

Do you believe smaller landlords would be disproportionately affected by this change compared to larger landlords?
πŸ“Š 91.5% - YES

Would this change make it more challenging for you to maintain or improve your rental properties?
πŸ“Š 82.6% - YES

Do you currently rent your properties through an exclusive agent?
πŸ“Š 63.3% - NO

If you use an exclusive agent, do you pay the fee?
πŸ“Š 7.3% - YES
πŸ“Š 39.9% - NO
πŸ“Š 52.8% - I Don’t Use An Exclusive Agent

If real estate agents left the industry due to less opportunities – do you think it would negatively impact your real estate business?
πŸ“Š 76% - YES

If you were forced to rent properties on your own – do you see having greater difficulty in legally compliant paperwork?
πŸ“Š 67.2% - YES

Should a landlord have the right to suggest any fee structure they choose at anytime?
πŸ“Š 89% - YES

 

by Demetrios Salpoglou

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