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Franchise Opportunity

Real Property Management

Own a Real Property Management Franchise

Real Property Management is a residential property management franchise offering recurring revenue potential through ongoing rental management. Investors help property-owner clients care for assets and support residents through leasing, rent collection, and maintenance coordination. Work hands-on or lead associates, launching or converting a business and growing managed portfolios while meeting applicable licensing requirements. Support includes Sure Start coaching, operating systems, marketing resources, property management technology, and the Neighborly® network as your property management business develops.

  • Min. Cash Required: $50,000
  • Net Worth Required: $250,000
  • Total Startup Investment: $99,341 - $244,302
  • Franchising Since: 2005
  • Franchise Units: 450

Available Markets

USA United States:

AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, 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

Real Property Management Awards from Franchise Business Review

2026 Top Recession-Resistant
2026 Most Profitable
2026 Top Culture
2026 Satisfaction Awards – Top Franchises for Women
2026 Franchisee Excellence
2026 – Top 200 Franchise
2025 Top Culture
2025 Top Recession Resistant
2025 FBR Top
2025 Womens
2025 Low Cost
2025 Most Profitable
2025 Veterans
2025 Rock Star
2024 Veterans
2024 Most Profitable
2024 Top Recession Proof
2024 Top Womens
2024 FBR Top
2024 Best Culture
2023 Most Profitable
2023 Recession Proof
2023 Top Franchise
2022 Top 200
2020 Franchise Rockstar
2019 FBR Rockstar

Real Property Management Franchise Information

Business Model

Recurring Revenue Potential: Build ongoing management relationships with rental-property owners, creating recurring revenue potential through property management fees, supplemented by leasing and other approved services.

Flexible Leadership Model: Take an active role in daily operations or lead associates who deliver services. Focus on client relationships, service quality, and business development.

Comprehensive Property Services: Help property-owner clients manage leasing, resident screening, rent collection, maintenance coordination, and property oversight.

Technology-Enabled Operations: Use property management accounting, task management, and lead management tools to organize work and maintain visibility into your business.

Scalable Growth: Add properties under management and develop your associates as your business grows. Qualified investors can explore additional territories, subject to approval and availability.

Key Benefits

Real Property Management combines specialized property management systems with the Neighborly Advantage—marketing expertise, purchasing power, technology, and a connected franchise community.

Property-Owner Focus: Build relationships by helping clients care for their rental properties, understand performance, and pursue their long-term financial goals.

Connected Investor Community: Exchange practical advice with fellow Real Property Management franchise investors and connect with other Neighborly brands for networking and potential referrals.

Purchasing Power: Access participating supplier programs through ProTradeNet®, including negotiated pricing and rebates on qualifying purchases.

Wealth Optimizer: Use the brand’s tool to support conversations about rental-property performance and the value of professional management.

Technology With Practical Value: Access online systems for property accounting, customer engagement, task management, and lead tracking to help associates work efficiently and keep information organized.

Marketing Support

Real Property Management provides marketing resources and expert guidance to help franchise investors attract property-owner clients and build local recognition.

Marketing Plans and Playbooks: Use a customized marketing plan, playbooks, and coaching to guide your marketing decisions.

Branded Materials: Access print and digital resources to communicate Real Property Management’s services and value to prospective clients.

Local Website Presence: Help property owners discover and contact your business through a localized brand website.

Digital Marketing Resources: Access support and resources for digital advertising, social media, and email marketing.

National Brand Marketing: Benefit from national marketing initiatives and resources that build awareness of Real Property Management.

Owner-Led Local Advertising: Apply available tools, materials, and expert guidance to your market. Franchise investors manage and fund local advertising separately from the Marketing, Advertising and Promotion (MAP) Fund.

Training Programs

Real Property Management prepares franchise investors to operate their businesses through startup coaching, systems training, and ongoing guidance.

Sure Start Coaching: Work with a Sure Start Business Coach to prepare for launch and navigate business setup.

Licensing Preparation: Complete the required pre-training steps, including securing a real estate license and sponsoring broker as specified in the franchise’s training requirements.

Business and Systems Training: Learn property management operations, accounting processes, and the technology used to manage your business.

Ongoing Business Coach: Receive guidance after launch as you address operational questions, develop associates, and pursue growth opportunities.

Continued Learning: Build your knowledge through online learning resources and ongoing training opportunities.

Property Management Technology: Receive training on approved software, including AppFolio, to help organize property accounting and record income and expenses.

Do you offer a discount for veterans?

Qualified veterans receive a 15% discount on the initial franchise fee through VetFran®. As a Founding Member of VetFran®, Neighborly and Molly Maid supports Veterans through dedicated resources and personalized guidance provided by our Director of Military Relations. This includes assistance throughout the exploration, journey, and onboarding phases, ensuring veterans have the tools and support they need to succeed within our organization and beyond.

Real Property Management Franchise Videos

Real Property Management® Jeff Pepperney

Real Property Management® Franchise Owners Colin and Debbie O'Connell Talk About Their Experience

More About Real Property Management Franchising

REQUEST MORE INFORMATION

Real Property Management is the nation’s leading residential property management company. As a franchise owner, you’ll be part of our organization that helps property owners build wealth and residents find peace of mind in their homes.