Can I have my real estate license working for a company and become a property manager on the side.?

Question

with out the real estate company having anything to do with it. (texas)

Answer 1

I don't see why not. It could be a possible conflict of interest but I am having trouble imagining a possible scenario . . .

• Standard of Practice 3-7
When seeking information from another REALTOR® concerning property under a management or listing agreement, REALTORS® shall disclose their REALTOR® status and whether their interest is personal or on behalf of a client and, if on behalf of a client, their representational status. (Amended 1/95)

Article 12
REALTORS® shall be careful at all times to present a true picture in their advertising and representations to the public. REALTORS® shall also ensure that their professional status (e.g., broker, appraiser, property manager, etc.) or status as REALTORS® is clearly identifiable in any such advertising. (Amended 1/93)

•; Standard of Practice 16-3
Article 16 does not preclude REALTORS® from contacting the client of another broker for the purpose of offering to provide, or entering into a contract to provide, a different type of real estate service unrelated to the type of service currently being provided (e.g., property management as opposed to brokerage) or from offering the same type of service for property not subject to other brokers’ exclusive agreements. However, information received through a Multiple Listing Service or any other offer of cooperation may not be used to target clients of other REALTORS® to whom such offers to provide services may be made. (Amended 1/04)

Answer 2

managing buildings is far more extensive than selling property. i have my license as well and wanted to get into property management. i had to start my way up, right now i handle lease renewals. but the knowledge i gained in school was helpful but i think they way it was applied and certain builkding codes and things that involve commercial real estate were not covered. try getting a job as an assitant, learn from what goes on and work your way up. there is a whole new realm of information to be gained by doing this. u will see !

Answer 3

I am not familiar with Texas Law. However in Massachusetts where I am from a Salesperson must get permision from his Broker before doing any service which requires the use of a Salesperson's Licence and said Licencee must be affiliated with a Broker in order to use a Salesperson's licence to start with. If you Have a Brokers Licence yourself then you may be OK but make sure to check with your State Licencing Board for an answer before relying solely on my input.

Answer 4

Probably depends on the state you are licensed in. Here in SC, you can only hold one of the following licenses at a time: Broker, Salesperson, or Property Manager.

Answer 5

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