Real Property Management is the nationwide leader in residential property management.  In any economy, people need housing.  As homeownership continues to decline across the United States, the demand for professional managers has become increasingly heightened.  Real Property Management helps its franchise owners to scale, manage accounts more efficiently, and maximize the revenue per unit compared to their competition.

Residential property management has become one of the fastest growing industries in the country.  More than one third of all residential households in the U.S. are rentals and, on average, only 20% of those rentals are being managed by a professional. Therefore, the demand for quality property management companies is extensive and increasing. Millenials are often burdened with college loans and prefer the flexibility of renting over buying. Couple that with higher credit lending standards and prices for properties on the rebound and fewer Americans in general can afford to buy, resulting in an increased number of investors and investor groups purchasing the homes that are available. Advances in technology have made it possible for those investors to acquire real estate outside of their local markets. All of this has enhanced the growth and profitability potential for property management companies substantially.  In any economy, people need housing. The industry is stable and generates consistent monthly revenue in times of both recession and inflation.

Key Points:
1. The franchise owner must hold a real estate license but it’s okay if your candidate doesn’t have it yet! The process is built into Phase 1 of their pre-training program and typically takes 6-7 weeks to complete, depending on the state.
2. The franchise owner must have an offiice. The important thing is a physical address for rent checks and appropriate space to host investors. A number of franchise owners rent from a co-working space, which is suitable. Home offices are not allowed.
3. The franchise owner must have a net worth of at least $150K.

Awards and Recognition:
Entrepreneur Magazine 2021 Franchise 500, ranked #245
Ranking is 6th best in all Neighborly Brands
Ranking is #1 in Property Management Category