Looking for help with licencing questions/doubts

[Hector Padin]

I have been managing properties for a company that owns said properties for the last few years. We have always operated under the belief that "because we (the company) own the properties that we manage, then we are exempt from requiring a broker's license".

Most of the information that I find online says that a person needs a license to rent or lease properties unless they are the owner of the properties being rented, but I can't seem to find anything that specifies if I/we, as employee(s)/agent(s) of the LLC that owns the properties which I/we manage (including showing and negotiating rental/leasing agreements), am technically exempt or required to be licensed as a broker.

Any advice would be greatly appreciated. Thanks in advance!

[Greg Parker]

Unless your state has something else in the law books, you only need a license when bringing buyers and sellers together.  Look up the state Realty Association and e-mail the legal helpdesk there.