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Updated over 8 years ago,
Creating Property Management Company
Hi BP fam!
I want to open up a property management company, I know to do so I would need to work under a broker or be a broker myself. I am just about done studying for my Sales Associate Exam and will not be eligible for my broker's exam for another two years.
I know one work around is to not have payments based on commission. Does this mean I could charge flat fees per residence, per tenant found, etc.? If so, can that flat fee be more than $50?
All insight is appreciated. Also if you know where I could get more info that would also be great!!
Thank you,
Michelle Elsaid