Do real-estate agents earn rent from rental properties they own?

Question

If a REI owns a rental property and has tenants, he gets money from the tenants. What about real-estate agents? If they own a rental property, do they get money from the tenants too? Or is it something else?

I don't know anything about real-estate agents, so I apologize if this is a beginner question! :P

Fred Heller · Answer

Well, yes the real estate agent who owns a rental property is paid rent by the tenants, just like any other owner. The only difference is that in most states they have to disclose their status as a real estate agent when they are marketing and leasing the property.

James Wise · Answer

Yes they would receive rent in the same manner that any other landlord would.

Brie Schmidt · Answer

Account Closed - Real estate agents make a commission when they sell a property for a client and when they find a buyer for a property. So the selling agent signs a contract with the seller for X% commission. They can find their own buyer or market the property and let another agent find the buyer and split the commission.

They can also be leasing agents, so the same concept of working with the seller or buyer applies, but it is for the rental of the unit

Do real-estate agents earn rent from rental properties they own?

Do real-estate agents earn rent from rental properties they own?

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