In Germany, the broker fee is a one time payment. That makes for an complicated calculation, as rentals are usually not fixed-term, and people will expect to stay for several years or decades. Is 900 EUR per month + 1,800 Euro one time payment better or worse than 1,000 Euro per month without a broker fee? Most people do not think like that. 900 < 1,000 Euro, end of story.
Of course, the real problem was that the landlords did not both to negotiate the brokers fee. There was a maximum broker fee defined by law, and everyone just charged the maximum. Not anymore!
Of course, the real problem was that the landlords did not both to negotiate the brokers fee. There was a maximum broker fee defined by law, and everyone just charged the maximum. Not anymore!