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Updated over 2 years ago on . Most recent reply

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13
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Austin Delk
  • Columbus, OH
10
Votes |
13
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PM Company with license under Brokerage Firm

Austin Delk
  • Columbus, OH
Posted

Hello. I am done with the RE courses and need to take the exam to get my license. The reason I am getting my license is to start a Property Management Company. 

My question for the BP community is what brokerages in Columbus would hold my license and allow me to do a PM company on my own? I don’t intend on buying/selling RE besides my own. Any direction would be appreciated. Thank you!

Most Popular Reply

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17,734
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,692
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17,734
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied
Quote from @Austin Delk:

Hello. I am done with the RE courses and need to take the exam to get my license. The reason I am getting my license is to start a Property Management Company. 

My question for the BP community is what brokerages in Columbus would hold my license and allow me to do a PM company on my own? I don’t intend on buying/selling RE besides my own. Any direction would be appreciated. Thank you!

Most brokerages will turn you down in this instance as its a cost issue. E&O policies for property management are 5-20 times more expensive than for sales.  I dont take on agents in the PM business as its not worth the E&O costs.
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District Invest Group
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