If the broker does not have a trust account, typically the he or she will deliver the full rent check to the owner, who then would have to write a check each month to the broker for the amount of the commission.
This is one of the reasons of why most property managers have a trust account. If there is no trust account, the rent would have to be given to the owner who will then, after receiving the rent, pay the broker what is due. This could lead to delays in the brokerâ€™s receipt of his or her commission or having battles with the client to ensure payment.
I do not recommend any agent to place any funds into their personal account. Good luck. Rita