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Updated over 2 years ago on . Most recent reply

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Riley Holt
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Property Management Business (Realtor question)

Riley Holt
Posted

Hello there. I am currently working for my boss who owns about 40+ doors and I do all of the management for these properties. I oversee rent collection, maintenance issues, and remodels. We are wanting to expand our property management business to include investors in our community. I know I need a real estate license to do so. I am actively studying for one right now. The question is, what do I do about needing a sponsoring broker? I know that based on my studies a real estate agent works under a real estate brokers license. I want to keep the company name the same and still market it with our company name. So are there brokers around that don’t care if so do this. I don’t want to find a broker but then have to be under the “re-max” name for example. I know the other management companies in my town all have their own broker as head of their office. So I’m curious how I should proceed on this. Any insight is greatly appreciated. And I am in Abilene, TX by the way but the closest city option was San Angelo. 

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Eliott Elias
  • Investor
  • Austin, TX
5,566
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Eliott Elias
  • Investor
  • Austin, TX
Replied

There are brokerages that require virtually nothing from their agents except the monthly fees. You need a place that you can just hang your license.

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