Real Property Management

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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.

Franchisee Options

Financing: Via 3rd party
Training: Available
Veteran Discount: Yes

Franchisor Details

Incorporated Name: PROPERTY MANAGEMENT BUSINESS SOLUTIONS, LLC
Total Units: 315
Year Founded: 1986
Franchising Since: 2006
Home Office: Salt Lake City, Utah

About Real Property Management

As a leading provider of property management services, Real Property Management draws on emerging trends in the industry to leverage success for the brand and its franchisees. With higher credit lending standards and a growing burden of student loan debt, fewer Americans are buying homes and more are seeking the flexibility of renting instead. Prices for properties have rebounded within the market, making them less affordable, and technological advances have made it possible for investors to acquire and manage properties that are outside their local markets, offering the opportunity for real growth for companies like Real Property Management.

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.

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.

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.

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.

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Available In:

Real Property Management is currently accepting inquiries from the following states: 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