Washington State property Management license?

[Account Closed]

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 

[Johanna V.]

I was looking for the same information! Finally digging through the dol.gov, found a helpful link:

http://www.dol.wa.gov/business/realestate/assistants.html

I see that you don't need a license if you are:

Property management assistants

Unlicensed assistants who provide property management brokerage services for the owner, designated broker, or managing broker may perform the following tasks and duties:

Unlicensed assistants may…

• Deliver lease applications, leases, or any amendments.
• Receive lease applications, leases, amendments, security deposits, rental payments, or any related payment for delivery to, and made payable to, the owner or real estate firm.
• Show rental units.
• Execute leases or rental agreements, rental payments, or any related payment for delivery to, and made payable to, the owner or real estate firm.
• Act as a scrivener, completing blanks on preprinted and preapproved rental agreements with the exact language provided by the property owner, designated broker, or managing broker. The unlicensed assistant may exercise no discretion over the language used to complete the blanks on a rental agreement, but may only write words dictated by the property owner, designated broker, or managing broker.
• Provide information about rental units, leases, lease applications, security deposits, and rental amounts to prospective tenants.
• Assist in property management functions by carrying out administrative, clerical, financial, or maintenance tasks.

Unlicensed assistants may NOT…

• Advertise that they are engaged in the property management business.
• Hold trust funds.