PROPERTY MANAGEMENT SPONSORSHIP (PM ACCELERATOR™ REQUIRES BROKER APPROVAL & RISK ENDORSEMENT)
PROPERTY MANAGEMENT SPONSORSHIP
Build Your Recurring Revenue Portfolio with Confidence.
Most brokerages run from Property Management because of the liability. At Texas Broker Sponsor™ with our PM Accelerator™, we embrace it--if you do it right.
We offer specialized broker property management sponsorship for agents and LLCs looking to build a Property Management book of business. We provide the legal framework, trust account oversight, and compliance auditing you need to manage assets without risking your license.
THE "PM ACCELERATOR™" PROGRAM
Mandatory for All Property Managers
Because Property Management involves handling other people’s money (Trust Funds), the Texas Real Estate Commission (TREC) requires strict oversight.
To conduct Property Management under our sponsorship, you must:
WHY MOST SPONSORS SAY "NO" (AND WHY WE SAY "YES")
Texas Law is Clear: Under the Texas Real Estate License Act (TRELA), anyone who controls the acceptance or deposit of rent for a single-family residential unit must be licensed and sponsored by a Broker.
The Risk: One accounting error or one mishandled security deposit can cost a Broker their license. That is why 90% of "100% Commission" brokerages ban Property Management entirely.
The Texas Broker Sponsor Solution: We don't ban it; we manage it.
IS THIS RIGHT FOR YOU?
Back to Agent Benefits
Build Your Recurring Revenue Portfolio with Confidence.
Most brokerages run from Property Management because of the liability. At Texas Broker Sponsor™ with our PM Accelerator™, we embrace it--if you do it right.
We offer specialized broker property management sponsorship for agents and LLCs looking to build a Property Management book of business. We provide the legal framework, trust account oversight, and compliance auditing you need to manage assets without risking your license.
THE "PM ACCELERATOR™" PROGRAM
Mandatory for All Property Managers
Because Property Management involves handling other people’s money (Trust Funds), the Texas Real Estate Commission (TREC) requires strict oversight.
To conduct Property Management under our sponsorship, you must:
- Obtain Written Approval: No agent may solicit or sign a Property Management Agreement without a signed PM Addendum from the Designated Broker.
- Maintain Compliant Trust Accounts: You must open separate "Trust" and "Operating" accounts. Commingling funds is strictly prohibited.
- Submit to Quarterly Audits: We review your ledgers every 90 days to ensure every penny is accounted for. (from $500/mo Risk Fee applies for PM portfolios).
WHY MOST SPONSORS SAY "NO" (AND WHY WE SAY "YES")
Texas Law is Clear: Under the Texas Real Estate License Act (TRELA), anyone who controls the acceptance or deposit of rent for a single-family residential unit must be licensed and sponsored by a Broker.
The Risk: One accounting error or one mishandled security deposit can cost a Broker their license. That is why 90% of "100% Commission" brokerages ban Property Management entirely.
The Texas Broker Sponsor Solution: We don't ban it; we manage it.
- Tenant Screening Standards: We provide the criteria to keep you out of Fair Housing trouble.
- Lease Agreement Review: We ensure you are using the correct TAR forms.
- Eviction Guidance: We help you navigate the JP Courts correctly.
IS THIS RIGHT FOR YOU?
- For LLCs: If you are building a pure Property Management company, our Enterprise Partner Plan™ allows you to brand your own PM company while we handle the backend compliance.
- For Agents: If you just manage a few homes for investors, our LLC Brokerage PM Endorsement™ allows you to legally collect rents under our supervision.
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