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Updated over 6 years ago on . Most recent reply

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Aaron Tarnow
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Brokers or Property Management License?

Aaron Tarnow
Posted

I am interested in working for, or starting a property management business in Central Oregon.  I have started working on my Brokers License.  It was suggested that I get that license so that in addition to management, I could earn commission on an occasional real estate deal.   I have just reached the section in the course where I learned that as a Licensed Broker.  I would have to work under a Principal Broker to manage property for at least three years, until I could upgrade my license.

My question is; is it worth it to work under a Principal Broker for three years and possibly have to employ one if I start my own business?  Or should I change directions and get my Management License instead, so that I can work independently, but possibly miss out on possible income? 

In Oregon a Licensee may only hold one license at a time.

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