A broker is an individual that works as the intermediary between buyers and sellers in the stock market or in real estate. Brokers earn a fee for their work. The broker fee (also known as a brokerage ...

Landlords and brokers who charge tenants illegal broker fees could face fines starting at $750 once a landmark law restricting the payments takes effect in June, according to documents published by ...

The New York City Council is poised to pass a law that would allow most tenants to avoid paying thousands of dollars in broker fees when renting a home, according to the bill’s sponsor. The proposed ...

NEW YORK-- There's a new push to reform broker fees in New York City. Many New Yorkers know when you move into a new apartment, you need to pay the first month's rent and security deposit, and then, ...

Paying brokers’ fees to rent an apartment might just become a thing of the past for many tenants in New York City. The City Council on Wednesday is poised to pass a revised bill known as the Fairness ...

In Massachusetts, a broker fee is typically about a month’s rent that renters are required to pay before moving in. Gov. Maura Healey and some members of the legislature have introduced proposals to ...

Effective August 1, renters looking to secure housing in Massachusetts no longer have to pay a mandatory broker’s fee unless they choose to hire one acting on their behalf. For brokers, leasing agents ...

Earlier this month, the New York City Council passed legislation to force landlords to play broker fees instead of tenants unless the renter hired the agent. Prior to this, tenants had to pay a ...

Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under legislation that passed Wednesday after overcoming fierce backlash from the ...

The New York City Council’s broker fee bill will get a hearing, a significant advance from previous attempts to regulate commissions on rentals. Committee on Consumer and Worker Protection chair Julie ...

FILE - A new building sits between two older-style buildings in the East Harlem section of New York, Feb. 3, 2015. Legislation backed by a majority of the New York City Council would require landlords ...

A view of the Charles River winding between Boston and Cambridge, Massachusetts. Longfellow Bridge spans the river connecting Boston's Beacon Hill area and Kendall Square in Cambridge. Back Bay area, ...