MRAssociates — Glossary

A managing agent is a person or organisation to whom the management of accommodation is delegated by the owner.

There are commercial managing agents who will advertise property, sign up tenants, collect rent and organise repairs on behalf of the owner for which they take a percentage commission from the rent. And there are specialist managing agents who will manage a supported housing scheme on behalf of its owner. These agents tend to be in the charitable or voluntary sector and they are often called in by housing associations to manage projects.