Rental and leasing real estate agent
Match renters with apartments and houses, and help landlords fill vacancies, earning fees when leases are signed.
- $1.5k-5k
- Part-time
- Out and about
- Licence or permit needed
Estimates for a small start in the US, not guarantees.
Official data
163,894 US businesses with employees in this field, -1.0% in a year
NAICS 531210 “Offices of real estate agents and brokers”. Source: U.S. Census Bureau, County Business Patterns 2023.
What it is
A licensed agent focused on rentals. You list properties for landlords, show units, screen interested renters and help get leases signed. It suits busy rental markets and college towns.
Your first three steps
- Check whether your state requires a real estate license for leasing and take the pre-licensing course
- Find brokerages with active rental teams and ask how they split leasing fees
- Contact small landlords and property owners in your area to offer a first listing
Who pays
Landlords and property owners, and in some cities renters, depending on local practice and rules.
How it makes money
A leasing fee or commission per lease signed, often a share of a month's rent or a set amount, split with your brokerage. Deals are smaller than home sales but close faster.
Skills that help
- Quick, friendly communication
- Scheduling many showings
- Knowing local rental neighborhoods and prices
- Basic knowledge of lease paperwork
Watch out for
- Licensing rules for leasing differ by state, so check with your state's real estate commission
- Fee rules, such as who can be charged a fee, differ by city and state
- Fair housing laws apply to advertising and screening, so get training
- Fees per deal are smaller, so you may need many leases to earn a steady income
- Check insurance and tax needs as an independent contractor
Deep research report · US
Everything you need to start: rental and leasing real estate agent
Researched with live web search for United States: real startup prices, the licences and rules, what others charge, a break-even example, how to find your first customers and a 30-day launch plan. With sources.
- Startup costs with real prices
- Licences, registration and rules
- Pricing: what others charge
- Break-even example
- Finding your first customers
- 30-day launch plan
- Risks and how to reduce them
Questions people ask
How much does it cost to become a rental agent?
Estimates put startup costs typically around $1,500 to $5,000, depending on your state and brokerage. Also check insurance and tax needs as an independent contractor when budgeting.
How much can a rental and leasing agent earn?
Monthly revenue is typically estimated around $1,500 to $6,000, depending on how many leases you close. Fees per deal are smaller, so you may need many leases to earn a steady income.
What rules apply to rental and leasing agents?
Check licensing rules for leasing with your state's real estate commission, and check fee rules on who can be charged, which differ by city and state. Fair housing laws apply to advertising and screening, so get training.
Other ways to run this business
Full-time residential real estate agent
Help local buyers and sellers with home sales as a licensed agent, earning commission when deals close.
- $2k-8k
- Full-time
- Out and about
Part-time real estate agent
Keep your day job and help friends, family and your network buy or sell homes on evenings and weekends.
- $1.5k-5k
- Side hustle
- Out and about
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