PROPERTY MANAGEMENT
All property management must be approved in writing by the sponsoring broker prior to an agent soliciting, performing, conducting or offering property management services to the public.
Property Management Laws in Texas | All Property ManagementMust Texas property management companies have a real estate broker's license?YES. Key components of property management (leasing and renting) are considered real estate activities under existing Texas real estate licensing laws. If a property manager is going to lease (or list for lease) real estate, or negotiate or attempt to negotiate for the lease of real estate, or aid in locating real estate for lease, control the acceptance or deposit of rent from a resident of a single family residential property unit, or if he or she holds herself out as engaging in any of those activities, he or she will need a broker sponsor or have a broker's license. A salesperson working under a broker may engage in such activities.
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Property Management Laws in Texas | All Property ManagementMust Texas property management companies have a real estate broker's license?YES. Key components of property management (leasing and renting) are considered real estate activities under existing Texas real estate licensing laws. If a property manager is going to lease (or list for lease) real estate, or negotiate or attempt to negotiate for the lease of real estate, or aid in locating real estate for lease, control the acceptance or deposit of rent from a resident of a single family residential property unit, or if he or she holds herself out as engaging in any of those activities, he or she will need a broker sponsor or have a broker's license. A salesperson working under a broker may engage in such activities.
Back to Agent Benefits
