What Are the Specific Licensing Requirements for Property Managers in Missouri?

Missouri Property Management License: What the Law Says

Missouri Property Management Licensing Requirements

If you own rental property in Missouri, understanding property management licensing laws is essential. Many landlords assume anyone can manage rentals — but Missouri has clear regulations that determine who must hold a license and what activities legally require one.

At Homestretch Property Management, we believe in transparency, compliance, and educating property owners so they can protect their investments. This guide covers exactly what the State of Missouri requires and why hiring a licensed manager is crucial.

Do Property Managers Need a License in Missouri?

Yes — in most cases, property managers must hold an active Missouri real estate license to legally perform duties related to leasing, marketing, and managing rental properties on behalf of an owner. 

Missouri law considers property management activities as “real estate practices,” meaning they fall under the regulations of the Missouri Real Estate Commission (MREC).

What Activities Require a Real Estate License in Missouri?

According to MREC regulations, a property manager must have a real estate license if they do any of the following:

✅ Market rental properties
✅ Show properties to prospective tenants
✅ Negotiate rental terms
✅ Prepare lease agreements
✅ Collect rent on behalf of an owner
✅ Handle tenant placements
✅ Manage tenant issues as a representative
✅ Receive compensation related to rental activity

If someone performs any of these tasks for a fee, they are legally required to be licensed.

This protects landlords from fraud, mismanagement, and improper handling of funds.

What Type of License Does a Property Manager Need?

✅ Missouri Real Estate Salesperson License

Most property managers operate under a Salesperson License while working under a supervising broker.

Requirements include:

  • 48-hour pre-license education course
  • Passing the Missouri salesperson exam
  • Background check
  • Supervision under a licensed broker

✅ Missouri Real Estate Broker License

Some property management companies operate independently and must hold a Broker License.

Requirements include:

  • Active salesperson license for 24 of the last 30 months
  • 48-hour broker pre-license course
  • Passing the broker exam
  • Background check

Homestretch Property Management operates fully under Missouri-licensed professionals for full compliance and protection.

Are There Any Exceptions? (Important for Landlords)

Some people do not need a license, but only in specific situations:

1. Property Owners Managing Their Own Properties

Owners managing only their own rentals do not need a license.
However, they cannot manage property for others for compensation.

2. Direct Employees of the Property Owner

Employees paid a W-2 wage (not commission) may perform certain tasks, but only within the owner’s portfolio.

3. On-Site Residential Managers

An on-site apartment manager may:
✅ Accept applications
✅ Deliver leases
✅ Show units

…but cannot negotiate lease terms or collect rent independently unless licensed.

Most third-party managers do not fall into these exceptions.

Why Licensing Matters for Landlords

Hiring a licensed property manager ensures:

✅ Proper handling of leases and legal documents
✅ Compliance with Missouri tenant-landlord laws
✅ Secure handling of security deposits
✅ Knowledge of fair housing requirements
✅ Transparency with your rental income
✅ Protection from legal liability

Unlicensed property management is not only illegal — it can put your property and finances at risk.

How Homestretch Property Management Ensures Full Compliance

At Homestretch, we operate under licensed real estate professionals who:

✅ Follow all MREC regulations
✅ Maintain ongoing education
✅ Use compliant lease agreements
✅ Handle funds securely and legally
✅ Provide transparent reporting to landlords

Your investment stays protected, compliant, and profitable.

FAQs – Missouri Property Management Licensing

Homestretch Property Management

If you want your rental property managed legally, safely, and professionally, trust Homestretch Property Management, serving St. Charles County and St. Louis.

✅ Licensed real estate professionals
✅ Full-service property management
✅ Tenant screening, leasing, maintenance & inspections
✅ Transparent reporting and compliance
✅ Stress-free management for landlords

Contact us today for a free consultation and compliance check!