About GRA
Ganz Realty Advisors, LLC was established with a primary focus on providing apartment property management companies with a qualified, licensed Designated Broker of Record across multiple states — so they can focus on running their business while staying in full regulatory compliance.
GRA is a single-broker practice by design. Broker oversight and compliance review activities are handled directly by the Designated Broker — not a junior associate or rotating staff.
The Designated Broker's background includes multifamily asset management, lease-up oversight, third-party property management supervision, and institutional reporting across multiple jurisdictions — experience that directly informs the compliance framework GRA applies on behalf of every client.
Core services include periodic review of trust account reconciliation reporting and compliance documentation, lease form compliance review, and documented quarterly compliance checklists — so your company maintains audit-ready records at all times.
We currently serve clients across 14 active states, with additional jurisdictions considered based on licensing status and client needs.
What We Provide
A complete suite of broker oversight and compliance services for third-party apartment property management companies.
GRA's broker serves as your Designated Broker, Qualifying Broker, Employing Broker, Principal Broker, or Broker of Record — satisfying each state real estate commission's licensing requirement for your management company.
Periodic review of trust account reconciliation reporting for both security deposit and operating accounts, with documented compliance records maintained for each review cycle.
Ensuring your management company meets each state real estate commission's requirements for broker oversight — including South Carolina, where on-site property managers must hold a property manager license.
Review and approval of lease agreements, management agreements, and tenant screening criteria to ensure compliance with applicable state landlord-tenant law and real estate commission requirements.
Practical guidance on state-specific requirements as they apply to your operations — including North Carolina, where the Broker-in-Charge carries advertising oversight responsibilities under NCREC rules.
Structured quarterly compliance checklists and annual audits — so your company maintains complete, defensible records ready for any state commission inquiry or review.
Licensed States
Ganz Realty Advisors, LLC holds active real estate brokerage licenses in the following 14 active states and can serve as your Designated Broker of Record, Broker-in-Charge (BIC), Managing Broker, Qualifying Broker, or Employing Broker in each jurisdiction, depending on applicable state law. Additional jurisdictions may be considered based on licensing status and client needs.
Additional jurisdictions may be considered based on licensing status, regulatory requirements, and client needs.
Common Questions
A Designated Broker of Record — also called a Broker of Record, Qualifying Broker, Employing Broker, or Broker-in-Charge depending on the state — is a licensed real estate broker who assumes legal responsibility for a property management company's brokerage activities. Most states require property management companies to have a licensed broker on record before they can legally manage or lease properties on behalf of owners.
In most states, performing property management activities — including leasing, collecting rent, and managing security deposits — requires a real estate brokerage license. That license must have a licensed broker designated as responsible for all regulated activity. Without a qualified Designated Broker of Record, a property management company may be operating illegally in that state, exposing itself to regulatory action, fines, and loss of licensure.
Each state has its own licensing requirements, terminology, and regulatory framework. A property management company expanding into a new state needs a broker licensed in that specific state to serve as their Designated Broker of Record. Ganz Realty Advisors holds active broker licenses in 14 states, allowing property management companies to operate across multiple jurisdictions under a single, experienced broker relationship rather than sourcing a separate broker in each state.
Ganz Realty Advisors currently holds active real estate broker licenses in Florida (FL), Georgia (GA), North Carolina (NC), South Carolina (SC), Virginia (VA), Texas (TX), Pennsylvania (PA), New York (NY), Minnesota (MN), Illinois (IL), Tennessee (TN), Kentucky (KY), Colorado (CO), and New Mexico (NM). In each state the role may carry a different title — Broker-in-Charge in NC and SC, Managing Broker in IL, Employing Broker in CO, and Qualifying Broker in NM — but the oversight function is the same.
The Designated Broker provides regulatory oversight — not day-to-day property management. This includes reviewing trust account reconciliations, verifying compliance with state licensing requirements, reviewing lease and management agreement forms, and ensuring the company's operations align with the regulatory framework of each state it operates in. The property management company continues to run its own operations; the Designated Broker ensures those operations meet state brokerage law requirements.
Designated Broker, Broker of Record, Broker-in-Charge, Managing Broker, Qualifying Broker, and Employing Broker all refer to the same fundamental role — a licensed broker who is legally responsible for a real estate company's brokerage activities. The terminology differs by state. North Carolina and South Carolina use Broker-in-Charge. Illinois uses Managing Broker. Colorado uses Employing Broker. New Mexico uses Qualifying Broker. All other states in Ganz Realty Advisors' coverage area use Designated Broker or Broker of Record.
Get in Touch
Whether you're a property management company looking to establish a designated broker relationship or need coverage in additional states, we'd be glad to discuss your needs. Please reach out directly or use the form.
Tell us about your company and we'll respond within one business day.