Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Pennsylvania Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
Joe Fordahl
  • Investor
0
Votes |
8
Posts

Property Management & Broker License requirement?

Joe Fordahl
  • Investor
Posted

Someone mentioned to me that I would need a broker license in order to start a property management business in PA. Is this true, and if so is there any way around this? 

For example, could I hire a broker to be the license holder for the property management company?  
(Much like construction companies will hire master electricians to be the license holder for the company so that the company can legally provide electrician services.)  

I have no issue getting the license, just have an issue waiting 3+ years to start a property management company, because I would need to start out from the beginning. 

Another somewhat related question, there is no requirement broker license requirement for private investors to manage their own properties, right? 

Thanks in advance for all your insight!

Most Popular Reply

User Stats

3,546
Posts
2,664
Votes
David Krulac
  • Mechanicsburg, PA
2,664
Votes |
3,546
Posts
David Krulac
  • Mechanicsburg, PA
Replied

@Joe Fordahl  you don't need a license to manage your own property.  You only need a Broker's license to manage property owned by others.  You can work for a Real Estate Broker, you can be an agent licensed for that broker and manage property of others.  Or you can work for a property management company, that has a license to manage real estate that they don't own.  

Loading replies...