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Account Closed
  • Rental Property Investor
  • Yuma, AZ
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Do I have to be a real estate agent to do this?

Account Closed
  • Rental Property Investor
  • Yuma, AZ
Posted Jun 24 2019, 17:01

if I find tenants for a landlord and I get a fee, is that being a real estate agent? Can I do that or do I need to be a real estate agent?

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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
Replied Jun 24 2019, 17:32
Originally posted by @Account Closed:

if I find tenants for a landlord and I get a fee, is that being a real estate agent? Can I do that or do I need to be a real estate agent?

 Yes. Anytime that you bring two unrelated parties together to conduct a transaction and earn a fee, that is considered to be brokering and you must be licensed by your state to do so.

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Sam Shueh
  • Real Estate Agent
  • Cupertino, CA
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Sam Shueh
  • Real Estate Agent
  • Cupertino, CA
Replied Jun 24 2019, 17:35

California realtors may get a referral fee. Often way way less than you think. That goes to the brokerage not realtor.

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