Do I need a license to be a Property Manager?

#DoIneedalicensetobeaPropertyManager #DoyouneedalicensetobeaPropertyManager #PropertyManagementLicense #PropertyManagerLicense

Licenses are granted by state governments. Often, each state government will require a certain number of education hours to obtain and maintain a real estate license. The National Association of REALTORS® does not grant licenses, require Continuing Education (CE), or track CE courses.

Unlicensed employees may perform tenant-related functions in apartment and vacation rentals, including: showing rental units and facilities to prospective tenants; ... accepting signed lease and rental agreements from tenants; and. accepting rents and security deposits.

These video discusses:
- Do Property Managers Need A License?
- Property Management Laws
- Do property managers need to be licensed
- Do property managers need to be licensed in texas
- Do property managers need to be licensed in California
- Property management license Florida
- Property management license NY
- How do you become a certified property manager?

[LeasingUniversity]

Please leave your comments or questions HERE. I will answer you FAST, FAST, FAST!!!! - Matt

[heatherjoy]

Thank you for explaining this. A lot of people think they need to get a real estate license to work at an apartment community!

[C_a_m_i_]

Yes, that's me (California, btw). I was researching this issue and stumbled upon your video. TY for the clarity... My next door neighbor owns a 4-plex and asked me if I would manage it i.e. watch over it (I'm next door), place ads, rent & show the units, etc. I was under the impression I needed a license. (I'm not too sure if he wants me to collect deposits & rents though)

[benparham]

I believe you missed mentioning what the actual litmus test is for whether or not a license is required. That litmus test is, if you are earning money to lease a property and you're not a salaried employee of the property owner. Apartment leasing agents do not need a license because they usually are on payroll with the apartment complex and are an employee of the landlord. If you are doing 3rd party property management in which the landlord is paying you a management fee commission and you're not a W-2 employee of that owner, then you absolutely MUST have a real estate license in 90% of the states in this country because it falls under the regulatory purview of the real estate commission. If your buddy is moving out of state and says, "Can you show my property and manage it for me while I'm gone the next year? I'll pay you $100 per month, " then you HAVE to have a real estate license unless he is going to pay you that $100 per month on a W-2, withhold taxes, and pay unemployment tax. Anything else will be considered the unlicensed practice of real estate in most states.

[Susanirusta]

Make a lot of references to managing apartments. Could I manage single-family homes as a property manager without a license?

[GrooveTheAlgo]

Thank you for this!!! A lot of people in CT are super confused about a Brokerage and a Property Management. They are fusing the 2 because property manager are renting apartments and screening potential tenants on behalf of the owner

[oyanamerit]

Yes I been trying to get into property management jobs

[sheilamiller]

Thank you for answering my question
I took a class 15 yrs ago on renters rules and Landlords

[andresfelipe]

This is exactly me ! I’ve been a lead concierge for few years in several luxury properties I want to get into property managing.

[antoniovillarreal]

That's me I would like to learn about Apt leasing

[PatriciaTorres-wcqd]

Can you provide leasing certification to work in the State of Utah? I'm transferring there soon, I have 12 years of experience in property management and have a real state license in Calufornia

[ronnatal]

What about if I don't plan to sell or list online to sell another owner's property (Single single-family homes all the way up to apartment buildings) but rather manage their property for lease-up (and collecting rents) of that property and keep the property in working order. Keeping gates, landscape, and units in good working order. Do I need a license for that? I'm referring to Texas specifically.

[ShaneBurnettHOU]

What about some who wants to start a property management company and lease single family homes for other homeowners/investors? Everything I'm reading in Texas is that a RE license is required if going this route.

[cayugafutures]

Incorrect info in this video.
Article 12-A of NYS real property law, requires a broker's license for a property manager.

[thekatrinajohnsonshow]

As a real estate investor, who purchases multi family units, while working under a broker allow one to work as a property manager over their purchased multi family units?

[kkfkxtz]

Yes I want to be on property selling business

[denamartinez]

So even virtually and is it same thing I do not need a license to be a property manager online or to assist the owners of airbnb's virtually?

[latoshiasimpson]

Do I need a license to start a property management business. All properties are homes in Louisiana and Texas.

[jl]

That's why so many apartment properties are so poorly managed there is no education about the laws what these leasing agents and property managers can and cannot do say and cannot say when it comes to renters and the law..

[Luisito_]

Hello, I want to do this specifically: be the intermediary between the homeowner and the tenant. I want to be the one who finds tenants to rent the property and earn money monthly for this. At the same time, I would take responsibility for property maintenance, utility payments, etc. For this, I would like to create an LLC and start this business. My question is: Do I need a license to do this? And if so, what license would be appropriate?