Real Property Management - Franchise

Quick Summary

Real Property Management is an award-winning property management franchise, but you don't need real estate experience to be an owner. Operating within a growing and recession-resilient industry that provides in-demand services, franchise owners enjoy an executive ownership model with personalized corporate support, protected territories, and an easy-to-follow system. Inquire to learn more about Real Property Management and your path toward a flexible and fulfilling lifestyle!

*Please contact "Real Property Management" to confirm the accuracy of any information provided on this page.

Real Property Management
Business Cost, Fees & Facts for 2024

Minimum Cash Required $50,000
Net Worth Required $250,000
Total Investment $91,718 - $266,218
Franchise Fee $59,900
Financing Assistance 3rd Party
Year Founded 1986
# of Existing Units 420
Franchising Since 2005
Training & Support Yes
Military/Veteran Promotion Yes
View More Quick Facts

Available In These States:

We are currently accepting inquiries in these states:
  • AK
  • AL
  • AR
  • AZ
  • CO
  • CT
  • DC
  • DE
  • GA
  • HI
  • IA
  • ID
  • IL
  • IN
  • KS
  • KY
  • LA
  • MA
  • MD
  • ME
  • MI
  • MN
  • MO
  • MS
  • MT
  • NC
  • ND
  • NE
  • NH
  • NJ
  • NM
  • NV
  • NY
  • OH
  • OK
  • OR
  • PA
  • RI
  • SC
  • SD
  • TN
  • TX
  • UT
  • VA
  • VT
  • WA
  • WI
  • WV
  • WY
  • Overview
  • Military & Veteran
  • Testimonials
  • Video
  • Press Releases


Real Property Management - Franchise

Starting a Property Management Business
A High Demand Industry for High Achievers
As you have been evaluating franchise opportunities, you may have been intrigued by the different types of businesses in the home services sector. Property management may be a lesser-known segment of the home services industry, but it can be personally and professionally rewarding.

The property management industry offers several advantages to high-achieving entrepreneurs, including low entry barriers, growing demand, and stability. Many property owners and landlords find themselves ill-equipped with the time and skills necessary to manage their rental properties effectively, and they readily turn to professional management firms for expertise.

If you decide to start a property management business, you can do it on your own, or you can consider buying an existing business or franchise. At Real Property Management®, we are advocates of the franchise ownership approach as we have been helping franchisees get up and running quickly and supporting their growth for over 30 years.

Find out if a Real Property Management franchise could be the opportunity you've been searching for!

Why Real Property Management?
Run With the Industry Leader
Real Property Management is the largest single-family property management organization in North America, with more than 340 offices. We specialize in providing a system for franchise owners to manage single-family homes, townhomes, condos, multiplexes, and small apartment buildings on behalf of rental property owners.

Our franchisees provide services that include finding and screening tenants, completing lease agreements, collecting rent, arranging for any necessary repairs, and managing the eviction process when necessary. Real Property Management offices also manage the legal compliance for local, state, and federal real estate law.

Tens of thousands of rental homeowners and investors nationwide trust our extensive network of franchise owners and their highly-trained specialists to meet the demands of property management 24-hours a day. We know what works, what rents, and how to get the most from our customers' property.

What We Provide

  • Integrated digital-focused marketing and operations support
  • National reputation for excellence in the trusted Neighborly® franchise system
  • Easily scalable model
  • ProTradeNet® vendor buying power
  • Designated territory
  • A values-based network that feels like family

Not Only the Biggest, Many Consider Us the Best

  • Entrepreneur Magazine ranked Real Property Management #1 in Property Management franchises. In addition, they rank us in the Franchise 500® for seven consecutive years and has recognized Real Property Management for its exceptional performance in financial strength and stability, growth rate, and brand power.
  • Forbes recognized Real Property Management as a Top 10 Franchise, $0-$150,000 investment.
  • Inc 500 has ranked Real Property Management for four consecutive years.

What We Do
Reach Your Potential with Real Property Management
At Real Property Management, we help protect and maximize our customers' property investments. Refined over 30 years of doing business, our streamlined processes and expert knowledge help rental homeowners maximize their income while minimizing expenses and inefficiencies.

We take care of all types of residential rental properties for clients – houses, condos, multiplexes, and even small apartment complexes.

We provide these services to our end customers through a network of over 340 independent franchise owners in North America. Our commitment to our franchisees has been responsible for the success of Real Property Management and what has made this the largest property management franchise in North America.

You are our top priority
We understand that feeling secure in your business means being prepared, so we provide you with the information, tools, and resources you need in order to drive toward success. You will have an assigned Sure Start Consultant who will guide you through the opening of your Real Property Management franchise, and once you are set up, you will have a dedicated Franchise Business Coach.

Our goal is to help you succeed
To do that, we provide you access to ongoing training and support in the following areas:

  • Setting up office systems and day-to-day operations
  • Technology graining, including operation of our proprietary software systems
  • Education in the Real Property Management business systems, culture, and team development
  • Tested marketing systems, local marketing consulting, and access to marketing collateral
  • Ongoing training and development

Preferred Vendor Discounts
At Real Property Management, as part of Neighborly, we are excited to offer franchise owners the opportunity for membership in our preferred vendor discount and rebate program. ProTradeNet is an asset that greatly differentiates us from our competitors. With the power of this program, we can offer supplies and products to our franchise owners at discounted prices not available to independent business owners. In addition, we offer a rebate program, which has resulted in hundreds of thousands of annual rebates systemwide.

Regional and National Conferences
Real Property Management and Neighborly offer regional and national conferences to allow franchisees to gather, share, and learn. There's nothing quite as valuable as franchise owners talking and sharing success stories with each other. In addition, every year, the home office provides training on best practices and highlights emerging trends and new technologies.

Why The Property Management Industry?
Property management plays a significant role in the real estate industry. There never seems to be a shortage for demand as owners often prefer to shed the responsibilities for leasing, rent collection, evictions, and property maintenance and focus on other aspects of the business.

According to recent statistics provided by, rental housing makes up a significant portion of the overall housing market:

  • 42.9 million or 34.5% of U.S. households rent their homes
  • 100.9 million people live in rental housing
  • 44% of rental properties are suburban
  • 41% of rentals in the U.S. are urban

And whether owners are renting a residential home, condo, multi-plex or small apartment complex, the need for professional management services to help maximize rental income and minimize expenses and inefficiencies is essential.

Ideal Franchise Owner
Is Real Property Management a Good Fit for You?
Our ideal Franchisee is a connector, someone who enjoys working with people and their community, a strong communicator. 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 Real Estate experience is a plus but is not a requirement.

The System
World Class Support
When you own a Real Property Management franchise, you’ve got a team by your side. We support you with innovative systems and processes, professional marketing, volume purchasing power, comprehensive training, and a passionate support team. Combine this with the strength and power of a national brand and the largest network of peers in the property management industry, and you’ll be ready to start strong — and continue to grow.

The Value of Neighborly
A Family of Top Franchises
Real Property Management is proud to be a part of Neighborly, which is a community of independently owned and operated franchise businesses focused on repairing, maintaining, and enhancing properties. We began as Dwyer Group 40+ years ago, launching with a single home services brand. Today, we’re the world’s largest home services franchisor of 19 brands and nearly 5,000 franchises collectively serving 10 million+ customers across nine countries.

Though Neighborly is a large franchise system, our culture is close-knit with a family business atmosphere. We’ve successfully developed an effective franchise business model that works well for everyone involved, and one of the reasons why is because we encourage feedback from our franchise owners and invite them to participate in corporate-level decisions. We attribute our continued growth to this culture, and to teaching and upholding our company's values.

Military & Veteran Promotions

Real Property Management offers a 20% off of the minimum initial franchise fee for qualified veterans.


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

Press Releases & Awards

3 Dec, 2015 - Real Property Management Finds DIY Landlords Spend Too Much Time and Money Managing Rentals
18 Dec, 2020 - Neighborly Named to Inc.'s Inaugural Best in Business List in Enduring Impact
15 Feb, 2021 - Neighborly Experiences Unprecedented Network Growth in 2020, Plans for Continued Expansion in 2021
24 Mar, 2021 - Neighborly® Helps Homeowners Prepare for Spring with Annual Maintenance Checklist
17 Jan, 2023 - Eight Neighborly® Brands Named by Franchise Business Review as Top Franchises of 2023

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