Saturday, March 3, 2012
No, a license will only allow you to conduct a sale. If you want a vacation rental management company to manage the proprieties (collect rent, get the place ready for new tenants ect.. ) no license.
If you are renting the place out also, in most states it is not required, however having a license may put you in touch with more people who have available tenants.
If will probably help, but it not required.
-luck|||In most states a license is required if you are not going to be purchasing and owning the properties yourself. Renting out your own property is differant then renting it for a fee.
Check with your states real estate board. Also check with your city on what they require to issue you a business license. Some areas lump vacation rentals with hotels and there are other tax and legal obligations you have to attend to.|||In most states yes, and the reason is that you are handling the rental issues and monies of other people.|||You must hold and or work under a broker license in order to handle people's money especially if you will not own these properties. If other own them and you are managing them you need to open trust accounts and handle deposits, check credit reports, thus in almost all states you must hold a real estate license and be licensed under a broker
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