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What Does It Take To Become A Freelance Rental Property Manager In Florida?
February
2 ,
2010 Posted by
admin In:
rental
hi! I want to become a freelance rental property manager on the Florida panhandle. Basically I will rent peoples’ condos and beach houses out for them, make sure they are clean, and arrange maintenance and things like that.
Does anyone know:
How/what percentage I get paid (ie 10% of the rental rate or cleaning fees, etc)?
Do I need any additional certificates (I have a BA in Bus Admin/Marketing)?
What laws go along with this?
Will the renter pay me directly then I pay the owner or vice-versa?
ANY INFO OR HELP WILL BE GREATLY APPRECIATED!
THANK YOU!
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floridad
February 2nd, 2010 at 12:34 pm
In Florida you need to have at least a sales associate license to rent out property for a year or more unless it is your own property. You cannot operate as a sales associate without being employed by a broker and cannot be paid by anyone but the broker. I’m not sure what the standard fee split between a property manager and broker is but that is always negotiable. I suggest you get your sales associate license and then speak with a few brokers in the area and see if any specialize in rentals. Sorry to rain on your parade but I think you will experience similar situations in other states.