Property Management Requirements

[Brandon T.]

Does any know the requirements for starting a property management company in Texas? I have not been able to find any hard facts online. Thanks in advance. 

[Jim Cummings]

Brandon

From the Texas real Estate Commission (TREC) Website ( http://tinyurl.com/y8cw4mc5)  

Answer:

It depends on what the property manager is doing for the property owner. If the duties include showing or leasing the property for the owner for which the manager gets paid, a license is required. A license is also required for any person who controls the acceptance or deposit of rent from a resident of a single-family residential real property unit. See TRELA §1101.002(1)(A)(x) and Rule 535.4(g)

In my opinion, If you are working onsite for an Apartment Complex and ONLY Renting / Managing the Apartment Complex you would NOT need to be licensed. 

To operate on your own and manage properties for other people you would need to have a Real Estate BROKER'S License, as agent only conduct business in the name of the Broker.