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Do I need a realtors license to start an apartment locator service?

I need to know how I should begin this process. I really want to hit the ground running. Thanks!

Public Comments

  1. No - but the education wouldn't hurt.
  2. The only thing you can do is tell people where the apartments are located at. You can not show the apartment, draft any type of lease, etc. You can only tell people where the apartments are located. THIS IS NOT AND SHOULD NOT BE CONSIDERED LEGAL ADVICE.
  3. I hardly doubt you need a realtor's license because you're not actually trying to sell the audience a product, you are helping to promote it by allowing them to find a home that suits their needs. The education can be beneficial, but I don't think you even need it. I wouldn't say it's unnecessary, just not something you need to start off with unless you want to have it on your list of misc. things.
  4. In order to draft leases, any other contracts, and hire people to work for you, if demand is high, you would most likely need your broker's license.
  5. Hey get the Legal advice you need from an Attorney in that Area of Law. I can help you with that. Go to the site below and get back intouch with me.
  6. tyghtshots, in New York you need a license to do this type of work AND be paid for it. The key is the ability to charge people for the service. If you do not plan on charging the tenants a fee or a commission then you do not need a license. If you plan on charging the landlord for the services then the answer is: it depends. If you work exclusively for one landlord and the service is specified in a contract or an agreement then you are not working as an agent. Instead, you will be an employee or a vendor. But if you plan on working amongst many landlords and charge them per unit when those units are rented, then you do need the license. I would add this also, most landlords that have buildings are usually already working with agents or agencies or have their in-house departments. I've worked on both sides of the business. Right now I manage a lot of units (over 3,000) as an asset manager and I've found that the best formula for obtaining tenants is to have a combination of in-house talent and work with real estate agents in the area. My advise to you would be to start the process of getting a license and working with a local agency to gain experience. In New York, there are two types of licenses. Brokers and Apartment listings licenses.
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