Parker Downing Licensed Property Manager ( Ohio Operations )

Must be licensed in the state of ohio: In Ohio, a property management firm must have a licensed real estate broker to legally perform property management services, though limited exceptions apply.
Broker License Requirement
To operate a property management company in Ohio, the firm must have at least one licensed real estate broker affiliated with it. This broker oversees all property management activities, including leasing, renting, and managing rental properties, ensuring compliance with Ohio real estate laws and regulations. Non-broker employees may perform certain administrative or collateral tasks, but any brokerage or property management services must be conducted by, or under the supervision of, the licensed broker.
Ohio.gov
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Steps to Obtain a Broker License
Experience Requirement: Applicants must have at least two years of full-time experience as a licensed real estate salesperson.
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Education Requirement: Completion of 120 hours of Ohio-approved Broker Pre-Licensing coursework is required, along with proof of at least two years of post-secondary education or equivalent semester/quarter hours.
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Examination: Candidates must pass the Ohio Real Estate Broker Exam.
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Application: Submit the application to the Ohio Division of Real Estate and Professional Licensing and affiliate with a brokerage if not starting a new firm.
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Salesperson License as a Prerequisite
Before obtaining a broker license, individuals must first earn an Ohio Real Estate Salesperson license, which requires completing 120 hours of pre-licensing education, passing the state exam, and affiliating with a sponsoring broker.
The CE Shop
Exceptions
Certain exceptions exist where a broker license is not required:
Property owners managing their own properties are exempt.
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Community association managers or condo association managers do not need a broker license.
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Non-broker employees may perform administrative or support tasks within a property management company, provided they do not engage in brokerage services.
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Compliance and Supervision
All property management activities performed by a firm must comply with Ohio real estate regulations, including proper handling of client funds, recordkeeping, and ethical standards. The affiliated broker is responsible for supervising all licensed and non-licensed staff performing property management services.
Ohio.gov
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Summary
To legally operate a property management firm in Ohio:
The firm must have a licensed broker.
The broker must meet experience, education, and exam requirements.
Non-broker staff can assist but cannot perform brokerage services.
Limited exemptions exist for property owners and certain association managers.
This ensures that property management services are conducted professionally and in compliance with Ohio law, protecting both property owners and tenants.