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Updated almost 14 years ago on . Most recent reply

User Stats

123
Posts
26
Votes
Josh Sterling
  • Property Manager
  • Wyandotte, MI
26
Votes |
123
Posts

Starting a Property Management Company

Josh Sterling
  • Property Manager
  • Wyandotte, MI
Posted

Hi Everyone,
After doing a bit of research I've found that in order to start a property management company in my state you must be a broker. To be a broker you must be a full time RE agent for 2 years in addition to the other requirements.

Is there some way around this without getting a brokers license?

I'm sure I could partner with someone who has a broker's license, but I was thinking more along the lines of finding a small real estate brokerage and making a deal with them to "use" their license in exchange for a small cut of the profits.
Is that legal?

Any other ideas would be greatly appreciated.

Thanks

SR

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