Updated about 10 years ago on . Most recent reply
Starting a Property Management company in FL
My husband and I are strongly considering starting our own property management company (3rd-party management). After doing a little research, it appears that we are required to have a Real Estate Broker's License. At this time, I do not have a Broker's license but I am in the process of obtaining the Sales Associate license.
Questions:
Do I have to wait at least to start our property management company until one of us gets our Broker's License? Or can I go ahead and get it incorporated while I obtain my license?
The only exception I've seen thus far is: "For example, if a property owner employs someone to manage their property, and that employee is paid a salary, as opposed to being paid a commission or on a transactional basis, a broker's license is not required."
Is there any other way around this Broker's License?
What can I do in the meantime?
Thank you for your input and advice!