In Jamaica, real estate business refers to activities like selling, renting, leasing, or managing properties on behalf of others in exchange for compensation or profit. This includes acting as a middleman for property transactions, advising clients on property values, or marketing properties for sale or rent. The key factor is whether you are providing services as part of a business activity or for financial gain without being licensed by the Real Estate Board (REB).
If you’re managing your Airbnb property or overseeing a portfolio of properties that you personally own, this typically does not require a real estate license. However, if you manage properties for other people or generate income from property-related services, you may be conducting real estate business and could be in breach of the law without the proper license.
Running a property listing website, like a platform where realtors can post properties for sale or rent, also needs caution. If you are only providing a digital s…
