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Updated about 3 years ago on . Most recent reply

Chontale White's profile image
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Chontale White
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Chontale White
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Chontale White
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Starting Out

Starting property management company

Chontale White
Posted

Good day!

I’m interested in starting a property management company in Michigan. I’m wondering if someone can tell me what I need to do in order to start. I am a realtor whose licensed is already held by an broker.

Detroit, Michigan
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Drew Sygit
  • #2 Managing Your Property Contributor
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  • Member since Jun 17, 2012
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Drew Sygit's profile image
Drew Sygit's profile image
Drew Sygit
  • #2 Managing Your Property Contributor
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  • from Royal Oak, MI
  • Member since Jun 17, 2012
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Drew Sygit
#2 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
6,149
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Drew Sygit
#2 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Derrick E.

In Michigan, the Property Management Company must have its own Broker's License. Agents working for the PMC must have their agent licenses under the PMC's Broker License.

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