Real Property Management Franchises for Sale

Real Property Management Franchise Model Overview

Real Property Management franchisees manage rental properties for owners, handling tenant screening and placement, leasing, rent collection, maintenance coordination, evictions, accounting and marketing, primarily for single-family and small multi-family homes but also commercial, REO and vacation rentals. The business runs from a 500 to 1,000 square foot office with a small administrative and leasing staff, and in most states requires a licensed real estate broker under a brokerage agreement with the franchisor. Investment is low, with the initial fee the largest line item and the rest in marketing, software and working capital. The appeal is recurring fee revenue that compounds as the managed-door count grows, though a fixed local marketing minimum applies from year one. The owner or an approved trained manager must directly supervise, and the brand has been part of Neighborly since 2018. The system is entirely franchised, reached 450 offices by 2025 and is now adding few net units, with 28 closures that year. Item 19 reports 2025 annual revenue for 421 franchises.

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Investment Snapshot