Read the blog below:
Who pays the fee? Who pays the brokerage fee when a unit is rented? There’s a lot of confusion out there about this. Here closer to Boston, tenants are almost always paying. It’s funny, it wasn’t like this back when the market was slow. Landlords had to pay because the economy slowed down and tenants were not as plentiful as they are now. Here close to Boston, without a doubt, tenants are paying the broker fee more than 9 times out of 10. As you get out to the suburbs and some of the more rural areas where things are slower, there are cases where landlords pay the fee. If you want a rental unit and you want to rent it for top dollar, obviously, using a brokerage is most of the time going to make that happen. I hope that clears up confusion on who pays it. Thank you my friends.