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Do I need a rental or leasing license?

I'm starting a rental and relocation assistant business and I'm wondering do I need any special real estate licensing? I tried looking on the Cal Real Estate site but couldn't find any information.  I would be taking payments from the renters and not owners or landlords.  I would basically just be searching online for listings and sending them links and giving advice.  Please help!
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November 30 2012 - Sacramento
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Answers (3)

In California, property management is a licensed broker activity, but it doesnt seem like your actually managing property. Are you being paid a commission if the renter rents a place that you refer, or a fee for using your service? You can call the Bureau of Real estate and ask to speak to a deputy CA BRE 1-877-373-4LIC (4542)

Good luck with your business venture.


Disclaimer: This is in no way legal advice and I ca not be held liable for the actions of others.
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November 25 2013
In most states, the determining factor in licensure is if you will be handling someone else's money (rents, deposits, etc) or if you will be doing the negotiation of a lease.  If so, get a license.

Speak to an attorney or the Department of Revenue in your state to be sure.  The easiest way to not have a license is to only receive the compensation from the Landlord, meaning they receive payment first and then pay you, then you are providing services without negotiation or handling other peoples money.  However, you'll probably need a different license and some insurance as well.  Good luck.
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December 16 2012

In Florida the only a landlord leasing a property on their on behalf, or a salaried employee (property manager) would be exempt from licensure. Any person selling, renting, or leasing real estate for another person, and for a fee would need an active real estate license. I hope this helps.

Best,
Nick Russo





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December 04 2012
 
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