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Updated over 8 years ago on . Most recent reply
![Michelle Elsaid's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/278046/1621441046-avatar-michellee.jpg?twic=v1/output=image/crop=636x636@0x0/cover=128x128&v=2)
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
Most Popular Reply
![Michelle Elsaid's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/278046/1621441046-avatar-michellee.jpg?twic=v1/output=image/crop=636x636@0x0/cover=128x128&v=2)
PS I am in Orlando, Florida FL