Why Property Management Companies Choose Broker Solutions
We offer professional designated broker oversight, compliance monitoring, and 24/7 support – all through one unified partnership.
We Solve the Biggest Challenges of Multi-State Expansion With Our Comprehensive Approach
If your commercial or multifamily property management firm oversees assets in multiple states—even properties you or an affiliate company owns—chances are you’re required to hold a real estate broker’s license in each state where activity occurs. And to obtain that license, your company must designate a qualifying individual: a Designated Broker, Principal Broker, Broker of Record, Managing Broker, Broker-in-Charge, or similar state-recognized role.
Unless someone on your team already holds a broker’s license in that specific state, qualifying can be a time-consuming and expensive process. It often requires multiple years of experience, rigorous pre-licensing education, passing a comprehensive state exam, and ongoing compliance through continuing education. That same individual is also expected to actively supervise the company’s real estate activity, on top of their existing responsibilities.
One workaround some companies attempt is hiring an independent broker to affiliate with the firm “in name only”. But here’s the risk: Every state enforces unique, ever-evolving broker supervision standards. If your designated broker isn’t actively engaged in overseeing operations, your firm could be found noncompliant. That could lead to costly fines, license suspensions, or even legal penalties—especially if you’re audited by the state real estate commission.
Broker Solutions helps eliminate that risk. We provide experienced, state-licensed brokers who can serve as your firm’s designated broker—affordably and professionally—so you can maintain 100% compliance in every state you manage property. Whether you’re expanding into new markets or simply need to bring your licensing structure up to code, we can help you meet regulatory requirements without the delay and overhead of internal licensing.
What Are The Other Options?
Real estate commission requirements constantly shift and vary widely from state to state. Simply keeping up with these changes can be daunting—let alone staying in compliance with them.
Employee Brokers
Employees can be a good choice. However, most states require at least 2-3 years of experience at an entry-level salesperson license before qualifying for a broker's license. Employee turnover is one of the most common reasons our clients engage our services. Even with long-term employee candidates, most states require 90-270 hours of broker pre-licensing courses, in addition to passing the state broker exam, as well as ongoing continuing education. Can you afford to have your key employees take that amount of time from their regular duties?
“Rent-a-Broker”
There are certain brokers in the marketplace who will offer their services for a fee, enabling your firm to become licensed. However, you need more than just a license. Brokers are required to supervise both licensed and unlicensed employees, provide policies and procedures manuals, update you on new rules and laws, and be a resource for your team. If the broker you hired is not providing these services, your company is not compliant and could be faced with fines, audits, and operational shutdowns. In some cases, your company could also face suspensions, revocation of licenses and legal exposure.
What Are the Next Steps?
Simple Process
Schedule Free Consultation
Schedule a free consultation to discuss your current and future state licensing goals. We'll analyze your needs and provide you with a customized solution.
Receive Customized Solution
Receive your custom quote and sign one agreement that covers all the states you operate in or want to expand into. No need to negotiate with multiple brokers.
Operate With Confidence
Start operations immediately with our qualified brokers and proprietary compliance platform, providing ongoing oversight and support.
Ready to Get Started?
Schedule Your Free Consultation
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Call (800) 737-4152 to request a custom quote.