Starting Friday, tenants renting apartments in Massachusetts are no longer responsible for paying broker’s fees. Under a new law, that responsibility has shifted to the party who hired them.
“It just makes everything more affordable,” said Addison Fletcher, a Northeastern University student who rents an apartment in Mission Hill. “Northeastern’s already unnecessarily expensive as it is, and the housing around here is all inflated because of the proximity to campus,” he added.
Elizabeth Scholl echoed that sentiment, saying, “I think it’s great, but I am kind of disappointed that it happened after we signed our lease for our fall apartment.”
“A great help” for renters
Although Tory Bullock paid a broker’s fee when he moved into his Mission Hill apartment nine years ago, he told WBZ-TV he sees the value in the change…