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Professional, Other/Just Looking in Orlando, FL

Can I start-up a property management company and only charge a maintenance fee, without having a broker?

Asked by Professional, Orlando, FL Sun Aug 3, 2008

s license in Orlando, Florida?

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4
You cannot without a broker..but I can teach you everything you need to know about property management. If you have your real estate license, it's a lot easier than you think.
carlos@oneventure.com
1 vote Thank Flag Link Mon Aug 4, 2008
No. Bottom line is that you must have a Brokers license in order to conduct business in the State of Florida. As a Licensee, you are basically a Sub Contractor and only a Contractor can contract with the general Public.

If this is your goal, you have a few options.

1) Get your brokerage license and open a brokerage. Owning a brokerage is not cheap and you may find that it is just not cost effective.

2) Hang your license with a Broker who will allow you to run a property management division and maintain your own client lists, as long as you comply with State Law.

3) Hire a Broker. There are plenty of broker out there who will gladly allow you to pay them a small fee to be the Broker of Record for your company.

I also suggest that you visit this site http://www.landlording101.com

I hope this has helped you. If I can be of assistance, please email me at Gary@BayVistaRealty.com

Gary De Pury
Broker-Owner
Bay Vista Realty & Investments, Inc.
Chairman, Communications Committee
Greater Tampa Association of REALTORS®
Director, Florida Association of REALTORS®
1 vote Thank Flag Link Mon Aug 4, 2008
to manage HOA's do you need to have a broker license?
0 votes Thank Flag Link Thu May 17, 2012
In a word... NO! You will need a florida real estate broker's license.
0 votes Thank Flag Link Fri Aug 28, 2009
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