Can a Real Estate agent become a property manager ?

2 comments

in Renting & Real Estate

tiff098 :

If yes, does your broker benefit from you managing the properties ?
or do you have to be a broker to manage properties ?

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{ 2 comments }

jeligula

Yes, but you cannot manage a property that your agency is listing or otherwise representing, so it would be a sideline for you. The broker would get nothing from you moonlighting.

Landlord

It (as you know) is really the broker that carries the license. The broker is the one paid, and then pays his licensed agent. However you work that out is between you.

You can not “moonlight” this, it would be as illegal as any other real estate deal for you to collect any money or represent any property owner outside the oversight of a licensed broker.

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