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Updated over 3 years ago on . Most recent reply

User Stats

14
Posts
5
Votes
Will Kilby
  • Raleigh, NC
5
Votes |
14
Posts

RE License needed for AirBnB cohosting in NC?

Will Kilby
  • Raleigh, NC
Posted

I currently manage my parents' STR as a member of their LLC and a fellow host in the area asked if I would cohost their property for them. We are set to move forward soon, but I just realized that "property managers" are required to have a real estate license here in NC. I know an attorney would be the best person to ask, but would a cohost technically be considered a property manager? I don't live in the area, I'll just be helping with guest communication and managing the listing. They will continue to own the listing and handle all the money, they'll just pay me a commission every month.

The way I’m reading the law, this wouldn’t technically apply to me because I’m not offering to rent the property myself - they are doing that because they own the listing and accept the money. This isn’t a “hands off” property management situation - the property owners will still be involved to a degree. Would be interested to hear everyone’s thoughts though!

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