Does someone need A real estate license to rent weekly vacation rentals for the owner of the property?
August 4, 2009 by Vacation Rentals and Vacation Villas Tips
Filed under More Vacation Rentals Answers
Can you answer schrauf1981’s question about Vacation Rentals?:
Someone was telling me that it is not legal to accept money from a person who is just renting for a one week vacation and give it to the owner of the property without having a real estate license. Is this true? where might I be able to find info on this to proove this to him. I don’t think that you have to.
Making Money Online
Someone was telling me that it is not legal to accept money from a person who is just renting for a one week vacation and give it to the owner of the property without having a real estate license. Is this true? where might I be able to find info on this to proove this to him. I don’t think that you have to.
Making Money Online
Vacation Rentals Feedback: anyone can act on behalf of the property owner, as long as the property owner hired him.
good luck
Vacation Rentals Feedback: Depends on where you live. Some states require licenses for such activity and others do not. Check your state real estate licensing board regulations.
Vacation Rentals Feedback: It may depend on the state, but I don’t think that is true. In most states, property managers do not have to be licensed realtors, but you should double check with your states Real Estate Comission or a local property management company to be sure.
Some states do require property managers to get a real estate license, but if you are accepting money on behalf of the property owner for just one week don’t worry about it.
Now, if you are accpeting compensation for this work you may want to be careful. That is where the line can get fuzzy depending on your state.