Real Estate Licensing Question, Georgia

[Rob Williams]

I have two jobs.  I'm work for my family's business that owns some commercial properties, and now I have also obtained a real estate salesperson license and have affiliated with a brokerage firm.

With Georgia real estate licence regulations, am I allowed to continue managing and leasing my family's property as a salaried employee of the family business (no commissions from leasing activity) without signing any agreements or with the broker I am affiliated with?

[Nathan Gesner]

You need to talk to your broker and look at state law or talk to your state board. In my state, any income earned through real estate (sales or PM) is paid to the Broker and then split according to the agreement between Broker and Agent.

Even if you are managing the properties without pay, you still expose the Broker to liability.

Bottom line: if you are managing property while working under a Broker, I would be sure you have Broker permission and spell out any commission split.

[Jailen Holt]

Exactly as @Nathan Gesner said and more specifically, In Georgia, your Broker has to know about any real estate related duties you are conducting. Regardless if it's paid or unpaid.