YES. Key components of property management (managing, renting and leasing) are considered real estate brokerage services under existing Mississippi real estate licensing laws. If a property manager is going to lease, rent, manage, list, procure prospects or negotiate, assist, or offer to perform any of those acts, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.
YES. For example, bona fide owners of property and their salaried employees who are engaged in property management in the regular course of business are exempt.
For more information about these and other Mississippi property management requirements and exceptions, please contact the Mississippi Real Estate Commission.
Before hiring a property manager to manage your Mississippi rental property, you should always check that he or she is licensed appropriately. You can check the license status of Mississippi property managers at the Mississippi Real Estate Commission's "Find Licensee" webpage.
There is no requirement that a community association manager or condo association manager in Mississippi hold a real estate broker's license. In addition, no separate license is required.
Mississippi real estate broker licensing requirements include:
Mississippi real estate salesperson licensing requirements include:
For more information about these and other licensing requirements please contact the Mississippi Real Estate Commission.