Property management broker sponsorship under a Texas-licensed broker, with PortfolioX bundled free (normally $149/mo). TREC §535.146 trust accounting enforced automatically — IOLTA, three-way reconciliation, monthly statements, and broker oversight all built in.
Applying is free. Reviewed in 3–5 business days. Month-to-month — cancel anytime.
Everything you need to run a TREC-compliant PMC under broker sponsorship — at one transparent price.
Your entire PMC roster gets PortfolioX (normally $149/mo) at no additional cost — properties, owners, leases, trust accounts, and tenant portals.
IOLTA designation, hard commingling lock, three-way reconciliation, monthly auto-statements, late-deposit alerts, and broker quarterly review — all built in.
Sponsoring broker reviews owners, agreements, trust balances, and reconciliations through a single dashboard. Sign-off built into the workflow.
Owners, agents, and assistants click once and land in PortfolioX — same identity, no second password to manage.
Your agents can be approved for property management AND residential, commercial, leasing, or any other transaction type — geographic markets too.
$499/mo for the company, plus $20/mo per sponsored agent — the same per-agent dues structure as our LLC plan. Owner covers it by default, or pass it through to agents.
TXR-2201 management agreements, owner statements, and notices all carry your PMC brand. White-label e-signatures included.
4-year record retention, audit-trail logs, and one-click TREC inspection packets — be ready before TREC asks.
PortfolioX is the property management software you'd normally pay $149/mo for, standalone. With the PMC sponsorship, your whole roster gets it bundled — accessed via single sign-on from RaiderX.
Track every property under management, with photos, leases, and maintenance history.
Magic-link logins for tenants and owners — pay rent, request maintenance, view statements.
IOLTA-designated trust accounts with automatic three-way reconciliation and Plaid bank feeds.
Automated monthly statements per property owner — itemized income, expenses, distributions.
Tenant requests, vendor assignments, and work order tracking integrated with the RaiderX vendor directory.
Plaid identity verification, credit/background reports, application processing — all in one flow.
You'll need an LLC (or other business entity) formed and TREC-licensed to operate as a property management company. We can guide you through the formation process or work with your existing entity.
PMC sponsorship is built specifically for property management. It includes PortfolioX (saving $149/mo), enforces TREC §535.146 trust-account compliance, and gives the sponsoring broker dedicated oversight tools for owners, agreements, and reconciliations. Standard LLC sponsorship is for sales/leasing brokerages. PMC is also the ONLY tier where property management is allowed at all — RaiderX's E&O excludes PM, so any PM activity must run through a PMC entity carrying its own E&O, with express broker approval.
No. Any property management activity at RaiderX requires PMC sponsorship, with express approval from our broker first — a direct conversation, not just a transaction-type request in the platform. RaiderX's E&O policy excludes property management, so PM must run through your own entity carrying its own E&O; that structure is exactly what the PMC tier provides. If you're an individual agent who wants to add PM, talk to the broker about transitioning to PMC sponsorship.
Absolutely. PMC agents can be approved for property management plus any other transaction type — residential sales, commercial, apartment locating, etc. — as long as they're approved for that transaction type and geographic market.
Yes — your $499/mo PMC sponsorship bundles PortfolioX at no additional cost. PortfolioX is normally $149/mo standalone. If your sponsorship is ever canceled, PortfolioX continues at the standalone $149/mo rate so you never lose data.
The sponsoring broker has a dedicated compliance dashboard showing owners, property management agreements, trust account balances, reconciliations, and exception flags for every PMC they sponsor. The broker signs off on quarterly trust reviews and any compliance items requiring broker attention.
Same dunning + warning email cadence as every other tier. If sponsorship is ultimately terminated, PortfolioX automatically downgrades to the $149/mo standalone tier — your data stays intact and the business continues to run. You can restore the $499 sponsorship anytime to bundle PortfolioX free again.
There's a $20/mo per sponsored agent fee, the same per-agent dues structure as our LLC plan — the PMC covers it by default, but you can pass it through to agents or split it any way you choose. There's no per-property fee: any number of properties under management is included at no extra cost.
No. PMC partners are a separate legal entity from RaiderX, so your PMC carries its own E&O policy — the same as LLC sponsorship. (Individual and Team plans do get E&O included, since teams operate as DBAs under RaiderX.)
No. Billing is month-to-month with no long-term contract, and you can cancel anytime. Applying is free and applications are reviewed within 3-5 business days.
Property management broker sponsorship — done right. PortfolioX included, TREC compliance built in, and your broker has your back.