Real Estate laws differ from state to state. Here are the requirements you need to meet in Florida for you to attain a license in property management:
7 Requirements Required to Obtain a Property Management License in Florida:
1. Age
You must be 18 years or older to apply for a property management license.
2. Education
A property manager must have graduated from high school or obtained a General Education Development.
3. Have a Social Security number
When you apply for a license, the department will run a background check on you using your social security number.
4. Sales Associate Course
To sit for the state exam, you must complete a sales associate course of at least 68 hours. It is a beginner course and is valid for two years after finishing. The Florida Real Estate Commission must approve it.
5. Brokers License
Property management is considered a real estate business; therefore, one needs to acquire a broker’s license. You have to complete a course for at least 72 hours to do this.
6. Fee for acquiring the license
You will pay a licensing fee of $115.
7. Your fingerprints
Fingerprints are used to do a background check on you. You should submit yours five days before making an application for a license so that the results are available when it is being processed.
You should also make sure you do this at a livescan service provider that the Florida Department of Law Enforcement approves.
Skills That You Need to Be A Successful Property Manager
1. Knowledge of landlord-tenant laws
As a property manager, you must know the landlord tenants’ laws. You are in charge of writing the agreements, evictions, tenant screening, and ensuring the property is up to the safety standards. All of which need to be done according to the Florida State laws.
2. Good communication skills
It would help if you were a good communicator, especially when handling tenants’ complaints.
3. Patience
Dealing with all kinds of people can be challenging; you need to exercise patience, especially when dealing with tenants.
4. Organized
Managing a property can be overwhelming, and being organized makes it simpler. You have a lot on your plate at a time, repairs needed, evictions, tenant screening, inspecting vacant units, dealing with complaints, and lease termination. All these can be happening at the same time.
However, if you can develop a plan, it will all work smoothly.
5. Responsible and dependable
When the landlord leaves you in charge, they expect everything is in good hands, having hired a professional. Your role contributes most to them making money at the end of the day.
You should also be available to your client and tenants when they need to reach you.
To Wrap Up;
One of the significant benefits of being a licensed property manager is getting clients. When looking for one, most landlords in Florida look for those that are licensed. Your commissions are also higher if you are employed.
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