To manage other people's properties in the state of Washington, do you need to acquire a managing broker's license or simply a broker's license?
@Tim James you simply need a broker's license and then work with a firm that has a property management division.
Hey Grant, thank you!
@Grant Fosheim What about business that are just property management companies and do offer any other real estate services, are they also licensed but just don't advertise their license?
And what about resident property managers? Do they need to have any qualifications?
Hey @Julie Marquez sorry for my delayed response, I was off on an epic adventure in the Grand Canyon. To answer your question, all property managers whether commercial or residential, that are managing a property they do not own themselves must be licensed and either hang their license with a managing broker that has a property management division or be a managing broker themselves and have their own PM company. Let me know if that clears things up.