Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
7/10

Franchimp Summary Rating

6 /10
Lower than 44% of peers

Franchise Summary

Description
A Real Property Management franchise permits you to operate a business providing property management services, including the management of maintenance and repair services and rent collection.
Company Background
Real Property Management is a real estate investment company that provides property management services. It offers its franchisees the opportunity to operate in an industry with high demand for quality service providers. The company maintains strong relationships with clients and vendors, which ensures excellent customer service for landlords and tenants alike.
Franchise Opportunity
Running a business is hard, and running a real estate business is even harder. If you're not an expert in property management, it's easy to make mistakes that can cost you money or damage your reputation with tenants. A Real Property Management franchise will give you the tools and support you need to run your own successful property management company. Our franchisees earn $100,000+ per year while working from home and enjoying flexible hours. We'll help you find properties for rent so that we can manage them on your behalf. When renters pay their rent on time we collect it for our clients who are too busy with other priorities to worry about collecting monthly rents themselves! We provide everything needed including accounting software (QuickBooks), marketing materials, training materials etc... . You don't have to be a realtor either! In fact most of our clients are people who never thought they would own their own business but now love being their own boss!
Corporate Structure
Property Management Business Solutions LLC dba Real Property Management  is a Utah limited liability company that was formed on April 21, 2004 to offer Real Property Management franchises. Their principal business address is 1455 west 2200 South, Suite 300, Salt Lake City, Utah 84119. They do business under the names Property Management Business Solutions, Real Property Management and Realevate. Since February 26, 2018, they are a wholly-owned subsidiary of Dwyer Franchising LLC.
Royalties and Marketing Fees

Royalties : 3.0% - 10.0% of revenue

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Real Estate Industry

$881,691 / unit

Franchise Type: Standard

Average Revenue During 2020

$881,691
$101,442
Industry Low
$881,691
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Distribution of Real Property Management Franchisees

Real Property Management Franchise System Development in 2021

FAQ

How much investment do I need to start my own Real Property Management business?
Franchisees typically require at least $99,392 to $146,542 investment to get their Real Property Management business started
What are the initial franchise fees for Real Property Management?
Franchisees typically need to pay at least $59,900 in fees directly to Real Property Management in order to earn the right to launch their business
How much money can I make with a Real Property Management franchise? What are the average revenues for a typical Real Property Management business?
We estimate that the average revenue of an individual Real Property Management unit is approximately $881,691. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Real Property Management unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

6 /10
The Franchisor's investment costs ranges from $99,392 to $146,542 which is Much Lower than the $80,592 to $237,962 average in the Real Estate industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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