Wisconsin Property Management License

[Korey Enstad]

Hi everyone!

I'm looking to get some information regarding property management and what is required to start a management company. I know you need to have Sales License as well as Brokers, but how does the Brokers license work? Do you need to take the classes as well as test for both licenses? Do I need to be appointed through a real estate company? Also, where is the best place to attain these license? I appreciate anyone's help!

[Dawn Anastasi]

In WI, a property owner is allowed to hire a non-licensed property manager, but the activities of that non-licensed individual are limited.

This is what the non-licensed individual CAN do:

1. a) Show rental units
2. b) Provide information
3. c) Collect rents
4. d) Transmit documents between the owner and renters

This is what the non-licensed individual CANNOT do:

1. a) Negotiate lease terms
2. b) Sign leases on behalf of the property owner

Source:  WI Realtors Association