Real Property Management Franchise
To buy a franchise with Real Property Management, you'll need to have at least $100,000 in liquid capital and a minimum net worth of $150,000. Real Property Management charges a franchise fee of $45,000. They also offer a discount for veterans.
Franchisor Details
Total Units: 315
Year Founded: 1986
Franchising Since: 2006
Home Office: Salt Lake City, Utah
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $100,000
Net Worth Required: $150,000
Total Investment: $86,795 – $117,795
Franchise Fee: $45,000
Royalty Type: 7% on fee based revenue, 3 % on maintenance revenue.
Vetern Discount: Yes
*Real Property Management is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Values & History
Our wildly successful brand was recently named the 10th best franchise in the US by Forbes magazine, and we've won countless additional awards for our professional, compassionate service. Real Property Management was founded in 2004 in Salt Lake City, Utah, and today we've virtually exploded across the country with more than 250 operational units throughout the US.
Industry Performance
Residential property management has quickly become one of the fastest-growing market segments in the country, with more than a third of all residential households in the US comprised of rental properties. The average revenue per property is about $2,200 annually, and because people will always need housing the industry is always stable and able to generate consistent monthly revenue.
Training & Support
Extensive training and support are provided for all franchise owners. At Real Property Management, we know that when attempting to grow or expand a business, having the right marketing tools that are professionally prepared is essential. Our tremendous selection of traditional advertising and online marketing tools, customized web sites, social media support, videos, scripts, emails, and presentations are always available to franchise owners to help you generate business and maintain growth.
Ideal Candidate & Qualifications
Real Property Management is on the lookout for franchise owners who want to build a successful and growing business. Our best franchisees enjoy networking and know-how to sell or will be willing to hire someone who does. Our franchisees come from all walks of life and do not need previous real estate or property management experience to succeed. Rather, our best-performing franchisees were committed to working hard for the first few years before reaping the rewards of their efforts.
Purchasing a Real Property Management Franchise
Prospective candidates for ownership will need a minimum net worth of $150,000 and at least $100,000 in liquid capital to be considered. Financing options are available for those who qualify, and the total expected initial investment range for this offer stands between $86,795 and $117,795. Veterans who qualify will also have access to additional discounts and benefits in gratitude for their service.
Real Property Management is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Real Property Management is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.