Real estate professionals and property managers both work in the real estate industry, but they often serve different needs.
A real estate professional may help clients buy, sell, lease, invest in, or evaluate property. A property manager focuses on operating rental property after it is acquired.
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When to hire which
- Buying or selling — agent or broker
- Leasing a single home — leasing agent or broker
- Owning rental property — property manager
- Commercial transactions — commercial real estate advisor
Overlap and scope
Some real estate professionals also offer property management services, but not all do. Confirm the provider's license, experience, and service scope before hiring.
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FAQs
Can one person do both?
Sometimes — many states require an active real estate license to manage rental property for owners.
Who do landlords usually hire?
Landlords with ongoing rental operations usually hire a property manager.
Who do buyers and sellers hire?
Buyers and sellers usually hire a real estate agent or broker.