Being A Property Mgr

I am trying to be the property mgr for some properties that other people own. If I am not on the mortgage do I need any special license or certification to do the property mgmt for someone? Would an LLC and a business license from the county be sufficient?

Comments(5)

  • commercialking7th June, 2004

    probably not. In most states you have to have a real estate license to be a property manager. I'm pretty sure Florida is one of those.

  • ray_higdon7th June, 2004

    So you think I have to have my realtor license to do property mgmt for someone?

  • bgrossnickle7th June, 2004

    I do not have my notes with me, but I did quite a bit of research on this several months ago and the general consensus was - that there was no consensus. I wrote the officer of the FL Board of Realtors and Property Managers and got an array of answers.

    Do a google search for BROKER FLORIDA STATUES - I think it is 45 that gives the definition of a broker.

    To be safe, if you are getting any kind of compensation for leasing someone else's property, you should work under a broker.

    Brenda

  • NewKidinTown7th June, 2004

    ray_higdon,

    Not exactly.

    In Florida: You can be a resident manager of an apartment complex without a license, or manage property you own without a license. You can be the (property manager) employee of the property owner without needing a license.

    For all other situations where you are providing a property management service to others for a fee, you need to have a real estate broker's license or be the employee of a real estate broker who does property management under his license. [ Edited by NewKidinTown on Date 06/07/2004 ]

  • ray_higdon2nd July, 2004

    Thank you

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