Licensure signifies that you have the expertise and professionalism desirable to manage a property. If you have a license, a property owner is likely to entrust you with an asset because of the many approved duties you can execute as a licensed property manager. States have different requirements on property management licenses. You should research yours to know their laws on property management certification and licensing. Check out www.flcaa.com website to know more on the CAM course and CAM licensing.
Types of Licenses
The property management license you get depends on your state. Some of the common types of licenses that you can land on include
- Real estate sales associate license
- Real estate broker’s license
- Real estate salesperson license
- Property management license
- Leasing agent license
How to Get Florida’s Property Management License
Getting a property management license can propel your career beyond borders. You should start by understanding the requirements of the involved agency in your state. For instance, the Florida Real Estate Commission issues licenses in Florida. If you are in Florida, you need to have a real estate sales associate license that equals a property manager’s license.
Do you meet the educational and age requirements? Well, for you to get a property management license you need to be 18 years and above. The responsibilities of a property manager are considerably demanding, and being old enough to handle the pressure is a prerequisite. Besides, you can only get by in the industry if you have a GED or a high school diploma.
The Florida Real Estate Commission will require you to get a pre-licensing course with a minimum of 63 hours of study. The online course is not only affordable but also convenient especially if you have a busy schedule. In fact, you can be part of the program regardless of your current state of residence.
In Florida, you apply for the real estate sales associate license through the Florida Department of Business and Professional Regulation. Apply online and submit your electronic fingerprints. After the application, you will have to take an exam to determine whether you qualify for the exam. If you are lucky to get more than 75%, your property management license will be out in less than 10 working days.
Benefits of the Property Management License
If you have been operating without a license as a property manager, it is time to consider getting one. The real estate industry is growing rapidly and competition is inevitable, as getting a license and specialized education will give you a competitive edge.
A potential client will view your license as a mark of expertise. It means that you have worked rigorously to gain the knowledge and experience needed to manage a property. Hence, you need to acknowledge that a license is a valuable resource because it shows a level of credibility and commitment.
You might find the process of getting a property management license tedious and expensive. Yet, it is worth the sacrifice because it will rank you highly among other unlicensed property managers. States have outlined clearly how you can get a license if you have the minimum age and educational requirements. Take the first step today and enjoy years of steady growth in property management.