Low-Cost Property Management - Sacramento

bearing-property-management-co

Full service property management at a cost below all other companies, guaranteed!

Slow yes ... but we are ... extremely lovable.

Property management

Most states, such as New York,^[11] Texas,^[12] and Colorado,^[13] require property management companies to be licensed real estate brokers if they are collecting rent, listing properties for rent or helping negotiate leases and doing inspections as a third-party.

A property manager may be a licensed real estate salesperson but generally they must be working under a licensed real estate broker.

Most states have a public license check system on-line for anyone holding a real estate salesperson or real estate broker's license.^[14]

A few states, such as Idaho, Maine, and Vermont do not require property managers to have real estate licenses. Other states, such as Montana, Oregon, and South Carolina, allow property managers to work under a property management license rather than a broker's license.^[15]

Owners who manage their own property are not required to have a real estate license in many states; however, they must at least have a business license to rent out their own home.

Owners who do not live near the rental property may be required, by local government, to hire the services of a property management company.

In California, third-party apartment property managers must be licensed with the California Bureau of Real Estate as a Real Estate Broker. A broker's license is required for any person or company that, for compensation, leases or rents or offers to lease or rent, or places for rent, or solicits listing of places for rent, or solicits for prospective tenants, or negotiates the sale, purchase or exchanges of leases on real property, or on a business opportunity, or collects rents from real property, or improvements thereon, or from business opportunities.^[16]

California Code of Regulations, Title 25, section 42, requires property owners of apartment buildings with 16 or more units to have on-site resident managers living on their properties. There is no such requirement for apartment buildings with less than 16 units.

The designation Real Estate Broker is often confused by those unfamiliar with terms of the industry as Realtor, Agent, or Salesperson.