8 Top Property Management Franchises USA
Buying the best property management franchise for you offers a range of benefits to help you achieve your entrepreneurial goals. These include:
You’ll be operating a tried and tested business model
The tools, processes, and resources that have helped many others like you succeed
The reputation and brand recognition that will attract clients to you
An environment in which you can leverage your skills to give you a competitive edge
All you need to do is select which is the property management franchise for sale in which you should invest. That’s easier said than done when there are so many great franchise opportunities in property management.
This list of eight of the best should help you make the best decision.
Real Property Management
Real Property Management is a leading residential property management company that has been operating since 1986, and franchising since 2006.
With more than 400 units nationwide, you’ll be trading as part of America’s largest property management franchise company. New franchisees are provided with comprehensive training, and you’ll also receive ongoing advice from experts in marketing, accounting, and business. State-of-the-art operating systems and world-class marketing, and a network of franchisees who group together to share experiences and advice make this one of the best property management franchise opportunities.
And the cost? A total investment of between $100k and $150k is what you need to become a Real Property Management franchise owner.
Property Management Inc.
Property Management, Inc. was founded in 2008 and now has more than 350 franchise units across the United States. Their clients include commercial, residential, and vacation rentals that require property management. The company has been recognized as among the fastest-growing and lowest-cost franchises in the United States by Entrepreneur Magazine.
Training is conducted remotely over a six-week period, and there will also be some on-the-job training provided. They offer comprehensive support, resources, and no-cost software to help you succeed.
For an investment of between $50k and $200k, you’ll have a business in a territory with a population of 100,000+, though exclusivity is not guaranteed.
All County Property Management
All County Property Management is headquartered in St. Petersburg, Florida, and was founded in 1990, franchising since 2008.
As an All County franchisee, you’ll benefit from tailored marketing, focused on digital, business-to-business networking, and direct campaigns. You don’t need any experience and will have an intensive four days of training, as well as continuous support and training throughout your time as a franchisee.
The total investment needed to become an All County Property Management franchise owner is between around $72k and $120k
Keyrenter Property Management
Keyrenter Property Management was founded in 2007 and has been operating as a franchise business since 2014. It currently has around 40 units in North America.
Training is provided in the classroom and remotely, and you’ll also benefit from the support that includes national advertising campaigns. Keyrenter also allows absentee ownership for those franchisees who want to work on their business and not in it.
The investment needed to become a Keyrenter franchisee is around $50k.
iTrip Vacations has been providing property management services to property owners who wish to rent their properties to vacationers or short-term renters since 2008.
This is a work-from-home opportunity, with the full support of a high-tech company with software that gives you control over appointments, booking, and schedules. ITrip markets its services through partnerships with leading travel companies, including Booking.com, TripAdvisor, and Airbnb.
To become an iTrip franchisee, you’ll need 15 years of business or sales experience, and the willingness to go the extra mile, as well as living in or close to your territory – and invest around $50k to $75k.
Book by Owner
Book by Owner pioneered fee-based resort property management when it was founded in 2003, and is still a market leader in servicing vacation homeowners – a market worth around $23 billion in the United States alone.
It’s ideal that franchise candidates live in vacation destinations, are people persons, and are passionate about customer service. It will help if you have hospitality, sales, or marketing experience, but this is not essential as full training is given. You can operate your business from home or an office.
Nexus Properties Inc.
Nexus Properties Inc. has been franchising its business since 2017. The business model provides a one-stop solution for residential and commercial property owners to find, qualify, and manage tenants, and then coordinate or perform all property management services.
You don’t need to have property management/maintenance experience, though you may need to have a residential real estate broker license. You will need to be detail-oriented, have good interpersonal skills, and possess a strong work ethic.
For a total investment of around $100k to $250k, you’ll benefit from a week of training before you open your business, ongoing training and support, and great technology to help you run your business successfully.
Showhomes has been offering a turnkey solution to help homeowners and realtors sell vacant homes faster. This includes home staging, makeovers, and interior design services, as well as home management. Founded in 1986, Showhomes has been franchising since 1994.
Ideal franchisees have management experience and are capable of delegating duties and responsibilities. The total investment needed is around $50k.
Which is the property management franchise for you?
There are many property management franchises for sale in the United States. These are only a few of them but do give you an idea of the costs involved, the benefits you will receive, and the experience you will need – as well as the types of property management franchises available.
To make the best choice for you, you should consider:
This can be challenging, which is why meeting with a franchise consultant is crucial. We’ll help you to identify your goals and which type of franchise will be best to achieve them. We’ll help with your research and due diligence, as we help you find the property management franchise that is most likely to provide you with the opportunity to maximize your ROI.
To get the ball rolling, take our five-minute franchise aptitude test today.