Re:We replaced rental brokers with software and filled 200 v...
by bdowling on Thursday July 08, 2021 @02:37PM
(#27776094)
> as a student in boston where brokers take 1 month rent for doing exactly nothing
At least in California, the broker’s fee is an expense of the landlord that is not directly passed on to the tenant moving in. If the cost is passed on, it’s hidden in the cost of rent.
Also, the landlord can claw back part of the fee if the tenant moves out before one year. So, it makes more sense as a landlord expense.
At least in California, the broker’s fee is an expense of the landlord that is not directly passed on to the tenant moving in. If the cost is passed on, it’s hidden in the cost of rent.
Also, the landlord can claw back part of the fee if the tenant moves out before one year. So, it makes more sense as a landlord expense.