Fee Transparency
Housing providers are advancing clear pricing practices that benefit both operators and residents, while laying the groundwork for scalable compliance with emerging public policy.
The Problem
Fee transparency represents a significant opportunity for rental housing providers and their technology partners to establish greater consistency, improve operational performance, and formalize a historically fragmented system of disclosures. Through industry-led initiatives, housing providers are advancing clear pricing practices that benefit both operators and residents, while laying the groundwork for scalable compliance with emerging public policy.
The Challenge
While fee transparency has long-been a focus for housing providers, recent rhetoric has shifted the conversation into the public policy arena. As such, housing providers’ efforts to leverage technology and transparency in rental pricing are now coupled with an expanding landscape of federal, state, and local policymaking on fee transparency. Beyond state legislation and regulation, federal enforcement is evolving. The Federal Trade Commission (FTC) demonstrated heightened interest in rental housing pricing practices through enforcement actions. Further, they took actions in 2025 to move rental housing providers toward a total cost of leasing standard through possible litigation and/or rulemaking.
Well-intended attempts to legislate or regulate fee transparency often produce the opposite outcome. In fact, such efforts can add to the cost of rent by injecting complexity and confusion into routine operations, slowing down leasing transactions, and diverting resources away from technology upgrades and resident-facing service improvements.
RETTC’s Solution
Transparent pricing is both a resident-centered practice and an operational benefit—one that requires thoughtful evaluation, reliable technical infrastructure, coordinated implementation planning, and sustained monitoring.
As housing providers and policymakers continue to work towards a shared goal of rent cost transparency, consistency and scalability must be taken into account. To that end, the RETTC Multifamily Information Technology Standard (MITS 5.0) is a critical solution to move the industry towards that said goal. While no two portfolios, markets, or operating environments are identical, the practices set forth in the MITS 5.0 Data Model offer a structured approach for housing providers seeking to adopt transparent pricing practices that are workable, scalable, and operationally sound.
Members Only Content
Fee Transparency Map by State
This map helps track policy trends as lawmakers consider clearer standards for rental fee disclosure.
Fee Transparency Implementation Guide
This guide offers a resident-centered approach to enabling greater fee transparency in rental housing.
Fee Transparency Toolkit
Access tools such as a letter to the editor, a policy leave-behind, and a customizable letter to lawmakers.
Fee Transparency Webinar Recording
You’ve likely seen fee transparency making headlines again. This webinar featured experts who have been leading the charge.
If you're not a RETTC member, check out our Membership page to join and view this content.
Public Resources
MITS 5.0 Data Model and Resources
NMHC launched the Multifamily Information Transaction Standards (MITS) initiative to improve operating efficiencies for rental housing by developing data models and leveraging data exchange technologies.
MITS Mapping Tool
Map your transaction/charge codes to the corresponding new Charge Classifications in the MITS 5.0 data model. This tool is powered by Cherre.
MITS 5.0 Supporting Documentation
Includes the data model documentation, scenarios, tests, and definitions.
Questions? Please email the MITS team.
