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Updated over 9 years ago,

Austin Smith's profile image
Austin Smith's profile image
Austin Smith
  • Real Estate Agent
  • from Newark
  • Member since Sep 16, 2014
Connect

User Stats

55
Posts
31
Votes
Austin Smith's profile image
Austin Smith's profile image
Austin Smith
  • Real Estate Agent
  • from Newark
  • Member since Sep 16, 2014
Connect
Austin Smith
  • Real Estate Agent
  • Newark
31
Votes |
55
Posts
General Landlording & Rental Properties

Looking to start my own property management ocmpany

Austin Smith
  • Real Estate Agent
  • Newark
Posted

Hello BP Family,

I am interested in starting a property management company. I live in NJ so I am aware that in order to legally "run" a property management company, you must have a broker's license which is obtainable but ONLY after you complete 3 years as a full time salesperson.

My question is, if I wanted to start a property management company as a real estate agent, can I have my broker "sponsor" me or allow me to run my business through the broker.

Any profit splits that would occur between me and the broker? Anyone have any advice?

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