The Precedent of NYC's Broker Fee Commission Structure: Lessons for Boston

In New York, the initial mandate forcing rental property owners to pay all broker fees was met with resistance and overturned in court. The following article examines the negative impacts of this mandate, had it been upheld, and why other cities, including Boston, should avoid such restrictive policies. Although this restriction was defeated at the Massachusetts State House during the recent legislative session, now is as good a time as ever to heed the warnings of experts who oppose these restrictions before they resurface as proposals once again. 

The Precedent of NYC's Broker Fee Commission Structure: Lessons for Boston

by Thomas Macdonald