Concept Description
Join The Leader in Property Management Franchising
Real Property Management is the largest and most credentialed single-family property management franchise in the industry. Since 2006, we’ve been offering property management franchises – and world-class support – to a diverse group of outstanding franchise owners.
Real Opportunities With RPM
Property management is an industry on the rise, and that creates real opportunities for entrepreneurs looking to take advantage of growing demand. When you franchise with Real Property Management, you have the backing of a recognized leader, a proven franchise system, and exceptional benefits you can’t find anywhere else.
Success is More Likely in a Growing Industry
America is becoming a renter nation. Over a third of the nation’s households now rent, while home ownership continues to decline. With monthly rent rates increasing, and vacancy rates decreasing, it’s a great time to be in the property management industry.
Give Investors the Results They Want
Property owners invest in their properties because they see the revenue potential of real estate. They rely on property managers to ensure their investments are taken care of and they expect the best. Real Property Management is the largest and most credentialed single-family property management franchise in the country, and that value will be instantly recognizable to your clients.
Give Yourself a New Lease on Life
Owning a franchise means taking control of your future, and there’s no better way to do that than with a proven system in an industry that’s showing nothing but an upward trajectory. When you franchise with Real Property Management, you’re giving property owners the peace of mind they need and residents the attention they deserve. Most importantly, you’re giving yourself the opportunity to build the business you’ve always wanted.
Why The Property Management Industry?
Property management plays a significant role in the real estate industry. There never seems to be a shortage for demand as owners often prefer to shed the responsibilities for leasing, rent collection, evictions, and property maintenance and focus on other aspects of the business.
According to recent statistics provided by ipropertymanagement.com, rental housing makes up a significant portion of the overall housing market1:
- 42.9 million or 34.5% of U.S. households rent their homes
- 100.9 million people live in rental housing
- 44% of rental properties are suburban
- 41% of rentals in the U.S. are urban
1https://ipropertymanagement.com/research/renting-statistics
And whether owners are renting a residential home, condo, multi-plex, or small apartment complex, the need for professional management services to help maximize rental income and minimize expenses and inefficiencies is essential.
Research firm, IBIS World, highlighted the industry’s resilience in its mid-year 2021 report:
“The industry is typically resistant to economic slowdowns since it offers businesses a way to cut costs by reducing internal employment to focus more on core company operations.” – IBIS World1
Testimonials
“They’ve done really well with giving us an opportunity to succeed. A lot of the systems and software and methods of advertising that we use are things I may not have found without the national office. Instead of having to find those by trial and error, we were set up for success from day one.” – Ben Sapp, Multi-Unit Franchise Owner, Georgia
“Change is difficult, but to be my own boss – it’s just awesome owning my own business.” – Beth Hunter, Owner, Northeast Atlanta, Georgia
“There are a lot of smart owners in the system and I take every opportunity to learn from them.” – Eric Peoples, Owner, Bellevue and Bothell, Washington
https://share.vidyard.com/watch/AoRbBf79zhdc4XzvtBtZHy
https://share.vidyard.com/watch/Tiq6zfvCXgpqxzHfYfWZa7
Publicity
Associations, Accolades, and Awards
The leader with national credibility
As the first and largest franchise organization in residential property management, and with over 30 years of experience refining property management, we are the nation’s trusted leader, recognized by leading reputable sources.
A Reputation That Speaks for Itself
With a low franchise fee and a catchy name in a growing, high gross margin industry segment, Real Property Management franchises are popping up around the country and making headlines.
ENTREPRENEUR FRANCHISE 500 TOP FRANCHISES FOR VETERANS
2022, 2021, 2020, 2019
ENTREPRENEUR FRANCHISE 500 RANKED
2023, 2022, 2021, 2020, 2019
ENTREPRENEUR FRANCHISE 500 RANKED #1 IN PROPERTY MANAGEMENT
2022, 2021
ENTREPRENEUR FRANCHISE 500 FASTEST-GROWING FRANCHISE
2019
ENTREPRENEUR FRANCHISE 500 TOP GLOBAL
2021, 2020, 2019
FRANCHISE BUSINESS REVIEW TOP FRANCHISES SATISFACTION AWARD
2023(4 years named), 2022 , 2018
FRANCHISE BUSINESS REVIEW ROCK STAR FRANCHISE OWNERS
2020 (Justin Underwood), 2019 (Marcus Phillips)
FRANCHISE TIMES TOP 200+ FRANCHISES
2020, 2019, 2018
FRANCHISE TIMES TOP 400 FRANCHISES
2021
FRANCHISE HELP FASTEST-GROWING AWARD
2019
FRANCHISE GATOR TOP 100 FRANCHISE
2022 (3 years named), 2018
Unit Option
Single
Background
FDD Franchised Units: 447
Corporate Owned Units: 0
Projected New Units: 28
Year Established: 1986
First Year Franchised: 2006
Type of Business: Franchise
Hours of Operation: 24 / 7 / 365
Number of Employees: Small (1-5)
History:
During his college years, Kirk McGary had a choice of a part-time job working with some friends involved with property management or working in fast food; he chose property management. A few years later, after starting a successful career in accounting and software development, Kirk opened his own property management business, which over the next fifteen years grew and became increasingly successful.
Kirk then partnered with another entrepreneur, Doug Oler, who had extensive business experience running multi-unit companies. Together, they decided to share Kirk’s property management success with others and, in 2006, launched their first franchised office.
Since then, hundreds of other entrepreneurs have joined Real Property Management and opened over 400 locations throughout the United States and Canada. Along the way, Real Property Management has refined systems and processes, added new technologies, built best in class training systems, and created first class marketing tools. Today, Real Property Management is the largest property management business in North America and a part of the Neighborly family.
Availability
Territories: United States
Financials
Liquidity: $50,000
*Investment Range: $91,796 - $234,150
Minimum Net Worth: $250,001, to $500,000
6 Month Cash: $150,001
Franchise Fee: $59,900
Royalty: 7% + 3%
Royalty Description: 7% of Non-maintenance revenue and 3% of Maintenance Revenue. The Minimum License Fee will be $0 per month for months 1-4; $250 per month for months 5-12; $500 per months for months 13-24; and $1000 per month for months 25- the end of the term of the franchise agreement
Advertising: National: 2%; Local: The greater of $32,000 per calendar year or 5% of your combined Gross Sales and Maintenance Revenues for the previous calendar year Monthly fees for the Digital Marketing Program are a minimum of $249.00 per office
Ramp-Up: 4 to 6 months
Passive Ownership: Semi- passive after 1 year
Passive Ownership means the owner is working 15 hours or less per week in the business.
Passive Ownership Explain: This is a business that can become passive over time, but initially it is owner-operated.
Available Discounts
- Veterans
Discount Description: We are a member of the International Franchise Association (“IFA”) and participate in the IFA’s VetFran Program, which provides a fifteen percent (15%) discount on the initial franchise fee for veterans of the U.S. Armed Forces who meet the requirements of the VetFran Program.
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Length of Training: 6-8 weeks of initial training, on-going support follows
Training Description:
You Are Our Top Priority
We understand that feeling secure in your business means being prepared, so we provide you with the information, tools, and resources you need in order to drive toward success. You will have an assigned Sure Start Consultant who will guide you through the opening of your Real Property Management franchise, and once you are set up, you will have a dedicated Franchise Business Coach.
Comprehensive Training
Most of our franchise owners had no previous property management experience. Our team includes property managers, marketing professionals, accountants, and business coaches who provide training and ongoing expert advice. In addition, an intranet accessible only to our franchise owners includes a detailed operations manual and a library of process forms, checklists, and job aids.
Our goal is to help you succeed
To do that, we provide you access to ongoing training and support in the following areas:
- Setting up office systems and day-to-day operations
- Technology graining, including the operation of our proprietary software systems
- Education in Real Property Management business systems, culture, and team development
- Tested marketing systems, local marketing consulting, and access to marketing collateral
- Ongoing training and development
Operational and Marketing Tools:
Real Support From Day One
From the very beginning, we’ve seen the value of supporting our franchise owners in every way imaginable. Our extensive team includes business coaches and marketing professionals who are excited to help you build the business of your dreams.
Brand Power
Real Property Management is the largest property management franchise organization in America, and we continue to build upon our national brand.
Property investors are no longer constrained to having properties where they live. However, they do want consistency in how their properties are managed. Our network of offices shares referrals which provides a significant competitive advantage.
World-Class Marketing
A complete set of marketing tools is ready for you, including a local website, several videos, numerous presentations and sales scripts, online and print advertising, brochures, direct mail, broadcast advertising, and client newsletters. Using our established systems, items are customizable for each franchise location.
Our world-class marketing also includes national public relations, publication of quarterly rental market statistics, media rates and performance data for broadcast media, research on rental property owners’ attitudes and perceptions, and a database of information about 14,000,000 prospective property investor clients.
Experts to Support You
Our entire team of experts is here to help you succeed. Experienced Property Managers are sounding boards for everyday activities and guide you in the right direction as you comply with challenging areas such as Fair Housing laws and eviction processes. Franchise Business Coaches with years of franchising experience help you optimize your operation, and Marketing professionals help enhance your online presence and generate more leads locally. Our BackOffice team takes care of your accounting so you can focus on growing your business. National accounts work to provide additional properties for you to manage, and our Strategic Alliances team vets partners and negotiates preferred discounts.
Support From Fellow Franchise Owners
All 300+ offices band together to help each other by sharing advice, best practices, and potential new clients. You’ll benefit from the camaraderie, whether it’s participating in our annual conference, monthly operations and marketing calls, frequent webinars, or one-on-one discussions with your Franchise Business Coach or an experienced franchise owner. You won’t be alone as your office grows.
Innovative Systems and Processes
State-of-the-art operating systems, streamlined processes, an intranet available only to our franchise owners, and monthly scorecards make our offices efficient and productive. In addition, standardization allows us to monitor the performance of each office relative to similar offices so we can provide insight into best practices.
Powerful Technology
Wealth Optimizer tool, local franchise owner intranet, and additional software make managing your business easier.
A True Team Mentality
Collaborate, network, and strategize with your fellow franchise owners through conferences and calls.
National Brand Recognition
Real Property Management is a recognized leader in the industry and is a proud part of the Neighborly family of home service brands.
Preferential Pricing
Access to preferential pricing from strategic alliance partners means you will save money on various necessities, including software, credit checks, rental rate analysis tools, vacancy advertising, maintenance and repair supplies, insurance offerings, office services, and more.
Financing Assistance: Available
