Sponsoring Broker for Property Management Emphasis

Sponsoring Broker for Property Management Emphasis

Investor · Member since 2022 · 111 posts · 150 votes

Hey there,

I am taking my real estate brokers exam tomorrow and I was looking for any advice about my situation as I find a sponsoring broker. I will be looking for a sponsoring broker soon but I would like one that focuses more on property management primarily, and investing as a secondary... if that exists. I know its odd to come into a new field with a niche already picked, but my family owns a property management company and a 180 unit complex that they run. I have been an ER charge RN for 8 years now and I own 3 rental units myself. I am becoming more involved with the business so I decided to get my brokers license and learn more about how other people manage larger complexes. My question is whether that special type of sponsoring broker exists and what's the best way to find them? I am flexible within Chicago and the western suburbs, I do not mind doing work that involves selling homes, that's just not my long term goal and it makes sense to bring that up initially. Any advice would be helpful as I start this search. Thanks for reading!

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Jonathan KlemmBusiness Member
Moderator
Contractor · Chicago, IL · Member since 2016 · 4k+ posts · 2k+ votes
10mo

Awesome @Luke Stewart!  Look forward to catching up.  

I think you'll find (if you lean into it) making the right connections here in Chicago is easy!

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  • Tj FlorosPro Member
    Real Estate Agent · Chicago · Member since 2025 · 95 posts · 74 votes
    10mo

    I think you might want to connect with Mark Ainley over at GC Realty. He might be able to help you out. 

  • Jonathan KlemmBusiness Member
    Moderator
    Contractor · Chicago, IL · Member since 2016 · 4k+ posts · 2k+ votes
    10mo

    What's going on @Luke Stewart!  

    Luke, for your family to have a large property management company, isn't someone there that can be your sponsoring broker?

    Property management in Chicago is no joke...I highly advise against getting into it, lol, unless you have some crazy competitive advantage, which maybe sounds like you do.

    We've got a small brokerage team, most of whom do not transact heavily and do some investing on the side.  I'd love to get a property management arm at some point, but the upfront work is a lot.  Happy to chat more and maybe point you in the right direction...

  • Investor · Member since 2022 · 111 posts · 150 votes
    10mo

    @Jonathan Klemm Thanks for responding! I sent you a message!

  • Jonathan KlemmBusiness Member
    Moderator
    Contractor · Chicago, IL · Member since 2016 · 4k+ posts · 2k+ votes
    10mo

    Awesome @Luke Stewart!  Look forward to catching up.  

    I think you'll find (if you lean into it) making the right connections here in Chicago is easy!

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