FAQ -- Do I Need a Real Estate License to be a Property Manager in Maryland?
No. As of January 29, 2018, the State of Maryland does not require Property Managers to be licensed in any way, including a real estate license.
Having individuals and companies that manage residential properties for homeowers is, we believe, something that the Maryland Real Estate Commission (MREC) would like to see become a reality, and they have been lobbying for that over the past several years. Unfortunately, no laws have been enacted iby the General Assembly in Annapolis. At this point, it is highly unlikely that such a law could be enacted until the 2018 legislative session. DMS Properties, LLC ... Residential Real Estate Services is an advocate of such legislation and will lobby for its passage if it is ever introduced.
What this means, technically, is that property managers are not subject to the laws administered by the MREC. Having said that, if a homeowner has a complaint against a property manager that is not a licensed real estate agent, we believe that the only recourse they would have is possibly a complaint filed with the Maryland Attorney General's office or with a lawsuit in Court.
DMS Properties, LLC ... Residential Real Estate Services requires that anyone who affiliates with us must be Real Estate Agent licensed by the State of Maryland. We believe that the mandatory training that licensed Real Estate Agents receive makes us better at what we do to serve our clients.
If you are a real estate agent licensed in Maryland and would like to discuss affiliating with DMS Properties, LLC ... Residential Real Estate Services, you can review our carreer information or Contact us today. If you are not a licensed Real Estate Agent in Maryland, then we will not consider an affiliation.
If you are a homeowner looking for property management services, we recommend that you hire a property manager who is a Real Estate Agent licensed in Maryland. We believe that should be the FIRST question you ask a prospective property manager and if they cannot provide you with satisfactory licensing information, you should seriously consider running away from them! You can always look up their license status on the Maryland Real Estate Commission (MREC) website ... the information is there for consumers to do their own searches.
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Properties, LLC ... Residential Real Estate Services.