YES. Key components of property management (renting, leasing and collecting rents) are considered real estate activities under existing New Hampshire real estate licensing laws. If a property manager is going to lease, rent, list, collect rents, 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, an owner, builder or tenant of real estate (and their employees with respect to the subject property) who do not hold themselves out as real estate brokers.
For more information about these and other New Hampshire property management requirements and exceptions, please the New Hampshire Real Estate Commission.
Before hiring a property manager to manage your New Hampshire rental property, you should always check that he or she is licensed appropriately. You can check the license status of New Hampshire property managers at the Commission's online license check webpage.
A broker's license is not required to manage community associations or condo associations in New Hampshire.
New Hampshire real estate broker licensing requirements include:
New Hampshire real estate salesperson licensing requirements include:
For more information about these and other licensing requirements, please the New Hampshire Real Estate Commission.