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 marketβmaking 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 brokerβs fee?
π 91.6% - NO
Do you believe smaller landlords would be disproportionately affected by this change compared to larger landlords?
π 91.5% - YES
Would this change make it more challenging for you to maintain or improve your rental properties?
π 82.6% - YES
Do you currently rent your properties through an exclusive agent?
π 63.3% - NO
If you use an exclusive agent, do you pay the fee?
π 7.3% - YES
π 39.9% - NO
π 52.8% - I Donβt Use An Exclusive Agent
If real estate agents left the industry due to less opportunities β do you think it would negatively impact your real estate business?
π 76% - YES
If you were forced to rent properties on your own β do you see having greater difficulty in legally compliant paperwork?
π 67.2% - YES
Should a landlord have the right to suggest any fee structure they choose at anytime?
π 89% - YES
by Demetrios Salpoglou