Florida Property Management & Brokers License

[Logan Jamieson]

Happy 2023 everyone!

For the past few years I have had the goal of starting a PM company in Florida.  

About me:

1) Sister is a Real Estate attorney in FL - we would be working together

2) Grew up in a family real estate commercial holding firm - have personally managed residential units, commercial offices, and two hotels.

3) Previously owed a GC company in Maine. My previous business partner now also lives in Fl and has a successful contracting company - we would be working together

One major missing piece still seems to be the requirement of a PM company to operate under a brokers license. As I see it, my two options are to either pursue my own license or partner with a broker willing to take on the liability of a PM company under their license:

1) If I am to obtain my own license, I need two active years as an agent. As far as I can tell, active status means being registered under a broker, not necessarily "selling properties". Any thoughts on a strategy of how to find a broker that is willing to let me list under them yet not necessarily be an overtly active agent?

2) Any thoughts on how realistic it is to form a partnership with an existing broker for run a PM company?

Open to any and all suggestions, critical feedback, etc.

Thanks is advance,

Logan 

[Drew Sygit]

@Logan Jamieson you can form a partnership with a broker or just hire one for a monthly fee.