Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Question regarding Real Estate Broker's License for Property Managers in Upstate NY
Been managing 15+ units under my families residential properties for almost a decade now. Considering getting my Real Estate Broker's license to begin my own local Property Management company and take on clients of my own. I don't mind the costs or work associated with getting the real estate brokers license, but wanted to clarify this step of the process;
- After completing the education requirement, you must gain real estate salesperson experience. NYS requires you to work as a licensed real estate salesperson for at least two years before applying for a broker's license.
Is this really necessary? I'm not interested in selling real estate or working underneath another company for two years. Frankly I'm just interested in pursuing property management under my own company.