Independent Designated Managing Broker

Keyrenter Property Management – Northshore

Lake County, Illinois

Position Type: Independent Contractor (1099)

Time Commitment: Very Part-Time (Approximately 2–4 hours per month)

Overview

Keyrenter Property Management Northshore is seeking an Independent Designated Managing Broker to provide compliance oversight for our growing property management brokerage serving single-family homeowners and real estate investors in Lake County, Illinois.

This role is designed to be extremely part-time and primarily focused on regulatory compliance and monthly transaction oversight within AppFolio property management software.

This opportunity works particularly well for:
• Semi-retired or retired Managing Brokers
• Experienced licensees seeking minimal time commitment
• Parents seeking flexible professional work
• Former brokerage leaders who want to stay connected to the industry

Keyrenter Property Management Northshore is fully insured and assumes all operational liability related to property management activities.

This role does not involve day-to-day property management, leasing, tenant interaction, or operational responsibilities.

Key ResponsibilitiesCompliance Oversight
• Serve as the Designated Managing Broker for Keyrenter Property Management Northshore in accordance with the Illinois Real Estate License Act.
• Provide oversight of brokerage compliance and regulatory standards.

Transaction Review & Approval
• Conduct periodic review and approval of property management transactions within AppFolio.
• Ensure documentation meets Illinois brokerage compliance standards.

Monthly Brokerage Oversight
• Perform a brief monthly review of brokerage activities.
• Provide guidance on regulatory or compliance questions when needed.

Supervisory Role
• Fulfill the supervisory responsibilities required under Illinois real estate brokerage regulations.
• Help ensure the brokerage remains compliant with IDFPR standards.

Time Commitment

This position is structured to require approximately 2–4 hours per month, including:
• Monthly transaction review in AppFolio
• Compliance oversight
• Occasional consultation if regulatory questions arise

There are no daily operational duties.

Compensation

Competitive monthly stipend for oversight services.

This role is structured as a 1099 Independent Contractor position.

Qualifications
• Illinois Managing Broker License (Active or Inactive)
• Experience working within an Illinois real estate brokerage
• Strong understanding of Illinois real estate compliance and brokerage regulations

About Keyrenter Property Management Northshore

Keyrenter Property Management Northshore provides full-service property management and asset management for single-family homes across Lake County, Illinois.

Our services include:
• Professional tenant screening and placement
• Proactive maintenance coordination
• Financial reporting and owner statements
• Market-based rent optimization
• Long-term asset management for real estate investors

We focus on protecting owners’ investments while delivering exceptional service to both owners and tenants.

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