A licensed real estate professional often possesses the skills and knowledge required for property management. This includes understanding leases, handling tenant communications, marketing vacant units, and coordinating maintenance. For instance, a real estate agent who specializes in rentals might naturally transition into overseeing the ongoing management of those properties.
Combining these roles can offer several advantages. For clients, it provides a single point of contact for both sales and ongoing management, streamlining communication and potentially reducing costs. For the professional, it diversifies income streams and deepens client relationships, fostering long-term business growth. This intersection of roles has become increasingly relevant in a dynamic real estate market, where comprehensive service and client retention are key.