Washington State property Management license?
Hi there BP! Hope everyone is doing great today. I had a general question specific to Washington state. I tried googling it and got something but not a complete answer. Also the answer I saw in the forums on here didn't give me my answer clearly, So I thought I'd ask specifically.
The question is if I wanted to start my own Property management company, not a brokerage, but just a Property management company, would I need a "Managing brokers" license or just a " brokers" license? or does Washington state have a specific "Property Management" license that I do not know about, because I did not see it on the Washington state site.
I understand that to open up a brokerage firm, one must be a broker for 3 years and then get his "managing brokers" license. I understand that, but what about opening up just a property management company?
Can someone just open up a Property Management company with just a brokers license? or would one also need to open a brokerage firm and have a property management branch?
Anyone owning a property management company or a brokerage in the greater Seattle area or simply Washington would be of tremendous help.
Thank you