are property managers regulated 
yes property management licensing requirements vary by state but most states require property management companies to be licensed by the local real estate board property owners should make sure that the firms they hire are properly licensed the bottom lineproperty management is the oversight of real estate by a third party normally a professional property manager or property management company property managers can manage many different types of property residential commercial industrial and property for special purposes property managers are generally responsible for the day to day operations of the real estate from screening tenants to arranging for repairs and maintenance and are paid via a fee or a percentage of the rent generated by the property every state has its own laws regulating the activities of property managers so it s important for property owners to check that potential property managers are properly licensed for their state 