Property Management Rental Fee

[Michael Rivera]

Hello All, 

I am currently a property manager in NYC and I wanted to know is it legal for a property management company , that is also a real estate brokerage to market their listings and collect a brokers commission or "rental fee" for finding new tenants? 

If not, would it be considered legal if the brokerage and management companies were under two separate entities? 

Don't mean to sound greedy but we put in a lot of hard work for our buildings , and random brokers are collecting thousands of dollars in profits that can be put back in to our company. 

Thank for the help!