Real Property Management Franchise

Real Property Management Franchise

Ranked #1 Property Management franchise by Entrepreneur Franchise 500® for the last 3 years!

Business ServicesHome Based Franchises
Min. Liquid Capital

$50,000

Min. Franchise Fee

$59,900

Total Number of Units

447

About Real Property Management

Since 1986, Real Property Management has provided a variety of property management services as a nationally recognized industry leader. Franchise owners in more than 430 locations experience the benefits of Real Property Management’s proven business model, including:


Recurring Revenue: With a service offering that includes fees from leasing, management, and maintenance, your cash flow stream is steadier and more predictable than most franchises. As members of the National Association of Residential Property Managers, customers can rely on the professional expertise of our franchise owners.


No Industry Experience Required: By utilizing an executive ownership model where you make the decisions and manage your own business, you'll be able to take advantage of the largest single-family residential property management franchise in North America.


Award-Winning Recognition: With more than 35 years of success, Real Property Management has been recognized by leading organizations within the franchising space, such as Entrepreneur Franchise 500®, Franchise Business Review Top 200, and Franchise Times Top 400®.

Franchising Since

2004 (22 years)

Company Units

-

Average Unit Revenue

$1,826,055

Franchise Fees

Min. Franchise Fee

$59,900
$50,915 Veteran's Fee

Royalty Fee

7.0%
Gross Sales

Ad Fund Fee

2.0%
Gross Sales

Why Real Property Management?

Real Property Management is proud to be a part of Neighborly®, the world’s largest home services franchisor with 19 brands and more than 5,500 locations focused on repairing, maintaining, and enhancing properties. Utilizing decades of experience and scale from this multi-brand portfolio, our franchise owners enjoy distinct advantages like:


Prime Territories: With available territories in some of the fastest-growing markets, there’s ample space and demand to establish your franchise. Better yet, thanks to designated territories, you’ll be able to collaborate and share best practices with other Real Property Management locations instead of compete for the same customers.


ProTradeNet® Buying Power: Exclusively available to Neighborly brand franchise owners, you’ll have access to discounts and rebates from over 250 preferred vendors. In 2024, Neighborly brand franchise owners earned a collective $7.9M in rebates.


15% Veteran Discount**: We are proud to partner with VetFran and offer franchise fee discounts for qualified veterans. With more than 425 current Veteran owners across Neighborly brands, we’re committed to helping transitioning and current Veterans achieve their business goals.

Ideal Candidate

Our franchise owners come from all walks of life. Some have held positions in corporate environments and are looking for a career change, while others have worked in the industry and are looking to lead their own business. No matter their background, our franchise owners embody characteristics such as:

  • Entrepreneurial spirit driven to set and achieve goals
  • Desire to build genuine relationships with customers, employees, and other franchisees
  • Commitment to delivering consistent, high-quality service
  • Accountable to financial responsibilities and requirements

The culture across the entire family of brands is embodied by the Neighborly Code of Values, which emphasizes the importance of fostering a set of ideals that guide the organization. These elements, while small to some, set Neighborly and Real Property Management franchise owners apart from the competition.

Initial Investment

$91,796 - $234,150

Min. Liquid Capital

$50,000

Net Worth Required

$250,000

Benefits

Real Property Management franchise owners benefit from specialized training, operations, and support systems, including:


Training Program & Business Coach: In-depth marketing and sales training as you get started, plus a consultant to answer questions and provide guidance as you grow.


Local & National Marketing Expertise: SEO & PPC guidance set the stage for integrated plans and tactics in your market that focus on customer acquisition, retention, and reactivation.


Ongoing Education & Owner Collaboration: Comprehensive opportunities such as regional training events and national conferences to ensure you have the knowledge to function at the top of your game.


Digital Integration: In an increasingly tech-focused world, local landing pages, social media presence, and custom sales support software make it easier to provide the best experience for customers.

  • Training and Support
  • Financing Available

Testimonials

"Change is difficult, but to be my own boss–it’s just awesome owning my own business." -Beth Hunter


"There are a lot of smart owners in the system and I take every opportunity to learn from them." -Eric Peoples


"We wanted to work for ourselves and are hoping to build a legacy for our family." -Richard Ziba


"The most rewarding part for me is just the satisfaction of growing a business from nothing to something." -Chad Sander


"I think from day one, the corporate office was really good with getting us in touch with other franchise owners so we could ask them questions." -Debbie O'Connell

* This is based on the annual Gross Sales of 384 Reporting Businesses during the Reporting Period (1/1/24 – 12/31/24), as provided to us through our Software System. Refer to Item 19 of the 2025 Real Property Management SPV LLC Franchise Disclosure Document (FDD) for full details.

** Refer to Item 5 of the 2025 Real Property Management SPV LLC Franchise Disclosure Document for complete details.

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