Real Property Management Claimed
Real Property Management Franchise For Sale
Real Property Management is the trusted leader in residential property management nationwide. The company was founded in 1986, and the first franchise location opened in 2006. Since then, the Real Property Management system has grown to more than 400 locations in all 50 states. Their franchisees manage 68,000+ rental homes nationwide, totaling over $18 Billion in assets.
Franchise Background
Franchised Units: 450+
Company Owned Units: 0
States Registered In: All
Canada Franchises: No
International Franchises: No
Financial Terms
Franchise Fee: $59,900
Royalty: 7% non-maintenance/3% maintenance
Ad: 2%
Average Number of Employees: Varies
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes - Veterans receive a 15% discount off of the franchise fee.
Support & Training
Lease Negotiation Assistance: NA
Recruiting Assistance: NA
Co-Operative Advertising: NA
Training: Most of our franchisees had no previous property management experience. In between signing the franchise agreement and opening their doors is 8-12 weeks of on-boarding training. This provides time for the franchisee to obtain their Real Estate license and take property management courses in our online university, as well as perform local business set up items. The week before opening their doors, they will spend 4 days at our corporate headquarters for New Franchise Training. Our ongoing support is extensive. Our support team includes property managers, HR, IT and marketing professionals, accountants, and business coaches who provide additional training and expert advice. We also have an intranet accessible only to our franchisees which includes a detailed operations manual and a library of over 500 forms, checklists, and job aids.
Ideal Candidate
Our mission is to become the most recognized, respected and successful property management organization in America.
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