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Updated over 6 years ago on . Most recent reply

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Garrett D Shaw
  • Realtor
  • Wilmington, NC
0
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Building a property management company in North Carolina

Garrett D Shaw
  • Realtor
  • Wilmington, NC
Posted

My wife and I are building out a property management company in Wilmington, NC. I will soon have my Provisional Broker's license, and she will follow soon after. Since I'll need two years of an active broker license before I can act as my own Broker in Charge (BIC) for managing other owner's properties, does anyone have advice on how to recruit a BIC? Really looking for someone for a two year contract (until I am BIC eligible). 

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119
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Christian Hansen
  • Rental Property Investor
  • Cary, NC
89
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119
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Christian Hansen
  • Rental Property Investor
  • Cary, NC
Replied

@Garrett D Shaw Hi, I did the same thing as what your talking about. I actually found the person who served as my 2 year BIC here on BP.  As I am sure you know they need to be local to you as the co. office has to have a physical location where you are both working from. There can however be multiple firms at that location.

The other thing is you mentioned your a PB, you should consider doing all your post licensing, become a full Broker because then you can be the Qualifying Broker and hold the Firm Lic. So the firm is yours but you don't need to be the BIC. Otherwise, as a PB you can't really have/own a firm.

Good luck!

  • Christian Hansen
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