Real Property Management
Real Estate Services
Semi-AbsenteeVetFranE-2 VisaSBA Approved
About Real Property Management
- The industry is growing and stable, and both recession and inflation proof. - The revenue is predictable and recurring. The customer does not need to be resold daily or monthly - The business is scalable. The limiting factor is the franchisee's willingness to continue to hire staff.
WE ARE NEIGHBORLY. Neighborly is the world's largest parent company of more than 5,500 franchises in 9 countries! Visit Neighborly: Premier Home Services Franchise Opportunities | Neighborly 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 28% 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. A property manager’s role is multi-faceted: to find and screen tenants, process rent payments, provide property inspections, maintenance & repairs, and process evictions when necessary. As the owner of the business, your candidate would be selling their services to property owners and investors, working with real estate agents and others to gain business referrals, and managing their business and staff. Where Real Property Management separates themselves from the rest is in managing property more efficiently and maximizing the revenue made per unit.
Ideal Candidate
- A connectorsomeone who enjoys working with people and their community
- A strong communicatorwritten and verbal.
- A person of high integrity given the large assets they will be managing/representing.
- Someone who is comfortable using technology as it will govern their daily activities.
- Sales and RE experience is a plusbut is not a requirement.
Key Facts
- Founded
- 1986
- Franchising Since
- 2006
- Model
- Both
- Brand Family
- Neighborly
Awards & Recognition
- ★ (2025)
- ★ (2024)
- ★ (2023)
- ★ (2022)
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- ★ (2020)
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- ★ (2018)
- ★ (2012)
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Territory Overview
Available: Washington, Alabama, Pennsylvania, New Jersey
Unavailable: Colorado, Delaware, Illinois, Massachusetts, North Carolina, New York, Ohio, Tennessee, Texas, Virginia, Georgia, California, Florida, Indiana
Investment Snapshot
| Total Investment | $92K - $234K |
| Franchise Fee | $60K |
| Liquid Cash | $50K |
| Net Worth | $250K |
| Royalty Fee | 7% of fee based revenue, 3% of maintenance revenue |
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