Which states do not require a real estate license for property management?
Idaho, Kansas, Maine, Maryland, Massachusetts, Vermont, and Wyoming exempt most residential property management activity from real estate licensing. Commercial property management is regulated separately in some of these states.
50 State Brokerage places licensed brokers of record in all 50 states and DC for PropTech platforms, property managers, multifamily operators, SFR investors, and institutional owners. Coverage is month-to-month, with onboarding typically completed in days rather than the years required to qualify an in-house broker.
More on Property Management Licensing
Does a property management company need a broker of record?
In roughly 40 states, yes. States including California, Florida, Texas, New York, Colorado, Arizona, North Carolina, and Georgia require any entity collecting rent, signing leases, or managing property on behalf of an owner for compensation to hold a real estate brokerage license with a designated broker on file.
Does every property manager need their own license?
No. A single designated broker satisfies the state requirement for the property management entity, allowing unlicensed staff to perform most day-to-day management functions (rent collection, maintenance coordination, tenant screening) under broker supervision — subject to state-specific limitations on lease negotiation and marketing.