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Updated about 5 years ago, 11/24/2019

User Stats

18
Posts
3
Votes
Alan Kline
  • Investor
  • Luzerne County, PA
3
Votes |
18
Posts

Property Manager Working w Broker--- Question

Alan Kline
  • Investor
  • Luzerne County, PA
Posted

HI All,

I am in based in Pennsylvania and am wondering if someone can have a property management company under a broker and use a separate business name.

Example: 

ABC Property Management works under a broker at Keller Williams or Cold Well Banker

OR

does the property management company need to be called Cold Well Banker Property Management?

THANKS

User Stats

1,817
Posts
831
Votes
Patrick Liska
Pro Member
  • Investor
  • Verona, NJ
831
Votes |
1,817
Posts
Patrick Liska
Pro Member
  • Investor
  • Verona, NJ
Replied

I believe they can have their own name, property management is usually run as a separate business within a real estate business. I know of one just recently in PA that has done just that, they changed their name of the property management side of the business from the real estate name.

  • Patrick Liska
  • User Stats

    527
    Posts
    510
    Votes
    David Lee Hall, III
    Pro Member
    • Rental Property Investor
    • Pittsburgh, PA
    510
    Votes |
    527
    Posts
    David Lee Hall, III
    Pro Member
    • Rental Property Investor
    • Pittsburgh, PA
    Replied

    NAL but my understanding is that a PM company in PA simply has to have a broker's license. This could be a shareholder with 1 share that is a broker or it could be a parent entity that is a brokerage. @Alex Deacon would be a good resource to reach out to on the specifics as he has his own RE Brokerage and PM companies. 

  • David Lee Hall, III
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