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Updated almost 9 years ago on . Most recent reply

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9
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1
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Ralph Hernandez
  • Real Estate Investor
  • Miami, FL
1
Votes |
9
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Can a Realtor manage someone's property?

Ralph Hernandez
  • Real Estate Investor
  • Miami, FL
Posted
If someone wants you to manage a couple of their properties, is it legal to do this as a Florida Realtor?

Most Popular Reply

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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,260
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28,219
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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

The agent would need to check to see if their broker would allow it. Everything needs to run through the broker commissions, PM fees, leasing fees etc. Some brokers will not want the responsibility or liability that PM brings to the brokerage. Higher E&O and more headaches are not for everyone.

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