Property Management requirements in Virginia

Must Virginia property management companies have a real estate broker's license?

Yes, if a property manager is going to lease or offer to lease, or rent or offer for rent, any real estate or improvement on real estate, he or she will need a broker's license. A salesperson working under a broker may engage in such activities. (§ 54.1-2100.)

Must Virginia community association managers have a real estate broker’s license?

NO. A broker's license is not required to manage community associations in Virginia.

Virginia Real Estate Broker Requirements:

Brokers must complete 180 hours of education, pass the State and National Portions of the broker examination, and submit verification of experience (actively engaged as a salesperson for 36 out of the 48 months preceding application for licensure).

What are the broker education requirements?

A total of 180 classroom hours of Board approved courses are required. Courses deemed substantially equivalent to those courses approved by the Board may also be accepted. Proof of passing the course and a monitored final examination are required for course approval. You must complete at least three courses from the below-listed broker specific courses. One of the three must be a 45 classroomhour real estate brokerage course.
Broker-specific Courses
Real Estate Brokerage Real Estate Law