Real Property Management Franchise FDD, Costs & Fees (2025)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Franchisees

?

423
+
18%
18%
Investment required

?

$92,000 - $266,000
Revenue (AUV)

?

$295,000
Undisclosed
Pro
+
-18.8%
+
xx%
-xx%
-18.8%
Initial franchise fee

?

$59,900
Royalty fees

?

7% + 3%
+
2% + up to 5%
Operating Profit

?

n.a.

Pro
Franchisees

?

423
+
18%
18%
Investment required

?

$92,000 - $266,000
Franchise fee

?

$59,900
Royalty fees

?

7% + 3%
+
2% + up to 5%
Revenue (AUV)

?

$295,000
Undisclosed
Pro
+
-18.8%
+
xx%
-xx%
-18.8%
Operating Profit

?

n.a.

Pro

Real Property Management: Leading the Way in Residential Property Management

Real Property Management (RPM) stands as the largest residential property management franchise organization in North America, managing tens of thousands of properties for individuals, investors, and institutions across the country.

Founded over 35 years ago by entrepreneurs Kirk McGary and Doug Oler, RPM has grown from a single property management business into a vast network of independently owned and operated offices nationwide.

In 2005, McGary and Oler launched their first franchised office, marking the beginning of RPM's expansion across the United States and Canada. Today, with more than 450 locations, RPM offers professional property management services, including tenant screening, leasing, maintenance, and evictions.

What sets Real Property Management apart is its commitment to delivering peace of mind to property owners by protecting their investments, minimizing costs, and maximizing income without interrupting daily life.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $59,900
Marketing $8,000 – $8,000
Real Estate/Rent $2,250 – $6,000
Vehicle $3,000 – $5,000
Insurance $6,250 – $7,250
Equipment and Supplies $2,500 – $5,000
Training, Travel, Lodging and Food $1,000 – $1,500
Property Management Software $1,028 – $1,028
System Technology Fee $240 – $240
Task Management and Lead Management Software $300 – $300
Licenses, Permits, Subscriptions $750 – $2,000
Legal & Accounting $1,500 – $5,000
Additional Funds (first 12 months) $5,000 – $175,000
Total $92,000 – $266,000

Franchise Disclosure Document

Interested in
Real Property Management
?

Signup and download one FDD for free

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
  • Canada+1
  • United Kingdom+44
  • United States+1
  • Afghanistan (‫افغانستان‬‎)+93
  • Albania (Shqipëri)+355
  • Algeria (‫الجزائر‬‎)+213
  • American Samoa+1
  • Andorra+376
  • Angola+244
  • Anguilla+1
  • Antigua and Barbuda+1
  • Argentina+54
  • Armenia (Հայաստան)+374
  • Aruba+297
  • Australia+61
  • Austria (Österreich)+43
  • Azerbaijan (Azərbaycan)+994
  • Bahamas+1
  • Bahrain (‫البحرين‬‎)+973
  • Bangladesh (বাংলাদেশ)+880
  • Barbados+1
  • Belarus (Беларусь)+375
  • Belgium (België)+32
  • Belize+501
  • Benin (Bénin)+229
  • Bermuda+1
  • Bhutan (འབྲུག)+975
  • Bolivia+591
  • Bosnia and Herzegovina (Босна и Херцеговина)+387
  • Botswana+267
  • Brazil (Brasil)+55
  • British Indian Ocean Territory+246
  • British Virgin Islands+1
  • Brunei+673
  • Bulgaria (България)+359
  • Burkina Faso+226
  • Burundi (Uburundi)+257
  • Cambodia (កម្ពុជា)+855
  • Cameroon (Cameroun)+237
  • Canada+1
  • Cape Verde (Kabu Verdi)+238
  • Caribbean Netherlands+599
  • Cayman Islands+1
  • Central African Republic (République centrafricaine)+236
  • Chad (Tchad)+235
  • Chile+56
  • China (中国)+86
  • Christmas Island+61
  • Cocos (Keeling) Islands+61
  • Colombia+57
  • Comoros (‫جزر القمر‬‎)+269
  • Congo (DRC) (Jamhuri ya Kidemokrasia ya Kongo)+243
  • Congo (Republic) (Congo-Brazzaville)+242
  • Cook Islands+682
  • Costa Rica+506
  • Côte d’Ivoire+225
  • Croatia (Hrvatska)+385
  • Cuba+53
  • Curaçao+599
  • Cyprus (Κύπρος)+357
  • Czech Republic (Česká republika)+420
  • Denmark (Danmark)+45
  • Djibouti+253
  • Dominica+1
  • Dominican Republic (República Dominicana)+1
  • Ecuador+593
  • Egypt (‫مصر‬‎)+20
  • El Salvador+503
  • Equatorial Guinea (Guinea Ecuatorial)+240
  • Eritrea+291
  • Estonia (Eesti)+372
  • Ethiopia+251
  • Falkland Islands (Islas Malvinas)+500
  • Faroe Islands (Føroyar)+298
  • Fiji+679
  • Finland (Suomi)+358
  • France+33
  • French Guiana (Guyane française)+594
  • French Polynesia (Polynésie française)+689
  • Gabon+241
  • Gambia+220
  • Georgia (საქართველო)+995
  • Germany (Deutschland)+49
  • Ghana (Gaana)+233
  • Gibraltar+350
  • Greece (Ελλάδα)+30
  • Greenland (Kalaallit Nunaat)+299
  • Grenada+1
  • Guadeloupe+590
  • Guam+1
  • Guatemala+502
  • Guernsey+44
  • Guinea (Guinée)+224
  • Guinea-Bissau (Guiné Bissau)+245
  • Guyana+592
  • Haiti+509
  • Honduras+504
  • Hong Kong (香港)+852
  • Hungary (Magyarország)+36
  • Iceland (Ísland)+354
  • India (भारत)+91
  • Indonesia+62
  • Iran (‫ایران‬‎)+98
  • Iraq (‫العراق‬‎)+964
  • Ireland+353
  • Isle of Man+44
  • Israel (‫ישראל‬‎)+972
  • Italy (Italia)+39
  • Jamaica+1
  • Japan (日本)+81
  • Jersey+44
  • Jordan (‫الأردن‬‎)+962
  • Kazakhstan (Казахстан)+7
  • Kenya+254
  • Kiribati+686
  • Kosovo+383
  • Kuwait (‫الكويت‬‎)+965
  • Kyrgyzstan (Кыргызстан)+996
  • Laos (ລາວ)+856
  • Latvia (Latvija)+371
  • Lebanon (‫لبنان‬‎)+961
  • Lesotho+266
  • Liberia+231
  • Libya (‫ليبيا‬‎)+218
  • Liechtenstein+423
  • Lithuania (Lietuva)+370
  • Luxembourg+352
  • Macau (澳門)+853
  • Macedonia (FYROM) (Македонија)+389
  • Madagascar (Madagasikara)+261
  • Malawi+265
  • Malaysia+60
  • Maldives+960
  • Mali+223
  • Malta+356
  • Marshall Islands+692
  • Martinique+596
  • Mauritania (‫موريتانيا‬‎)+222
  • Mauritius (Moris)+230
  • Mayotte+262
  • Mexico (México)+52
  • Micronesia+691
  • Moldova (Republica Moldova)+373
  • Monaco+377
  • Mongolia (Монгол)+976
  • Montenegro (Crna Gora)+382
  • Montserrat+1
  • Morocco (‫المغرب‬‎)+212
  • Mozambique (Moçambique)+258
  • Myanmar (Burma) (မြန်မာ)+95
  • Namibia (Namibië)+264
  • Nauru+674
  • Nepal (नेपाल)+977
  • Netherlands (Nederland)+31
  • New Caledonia (Nouvelle-Calédonie)+687
  • New Zealand+64
  • Nicaragua+505
  • Niger (Nijar)+227
  • Nigeria+234
  • Niue+683
  • Norfolk Island+672
  • North Korea (조선 민주주의 인민 공화국)+850
  • Northern Mariana Islands+1
  • Norway (Norge)+47
  • Oman (‫عُمان‬‎)+968
  • Pakistan (‫پاکستان‬‎)+92
  • Palau+680
  • Palestine (‫فلسطين‬‎)+970
  • Panama (Panamá)+507
  • Papua New Guinea+675
  • Paraguay+595
  • Peru (Perú)+51
  • Philippines+63
  • Poland (Polska)+48
  • Portugal+351
  • Puerto Rico+1
  • Qatar (‫قطر‬‎)+974
  • Réunion (La Réunion)+262
  • Romania (România)+40
  • Russia (Россия)+7
  • Rwanda+250
  • Saint Barthélemy+590
  • Saint Helena+290
  • Saint Kitts and Nevis+1
  • Saint Lucia+1
  • Saint Martin (Saint-Martin (partie française))+590
  • Saint Pierre and Miquelon (Saint-Pierre-et-Miquelon)+508
  • Saint Vincent and the Grenadines+1
  • Samoa+685
  • San Marino+378
  • São Tomé and Príncipe (São Tomé e Príncipe)+239
  • Saudi Arabia (‫المملكة العربية السعودية‬‎)+966
  • Senegal (Sénégal)+221
  • Serbia (Србија)+381
  • Seychelles+248
  • Sierra Leone+232
  • Singapore+65
  • Sint Maarten+1
  • Slovakia (Slovensko)+421
  • Slovenia (Slovenija)+386
  • Solomon Islands+677
  • Somalia (Soomaaliya)+252
  • South Africa+27
  • South Korea (대한민국)+82
  • South Sudan (‫جنوب السودان‬‎)+211
  • Spain (España)+34
  • Sri Lanka (ශ්‍රී ලංකාව)+94
  • Sudan (‫السودان‬‎)+249
  • Suriname+597
  • Svalbard and Jan Mayen+47
  • Swaziland+268
  • Sweden (Sverige)+46
  • Switzerland (Schweiz)+41
  • Syria (‫سوريا‬‎)+963
  • Taiwan (台灣)+886
  • Tajikistan+992
  • Tanzania+255
  • Thailand (ไทย)+66
  • Timor-Leste+670
  • Togo+228
  • Tokelau+690
  • Tonga+676
  • Trinidad and Tobago+1
  • Tunisia (‫تونس‬‎)+216
  • Turkey (Türkiye)+90
  • Turkmenistan+993
  • Turks and Caicos Islands+1
  • Tuvalu+688
  • U.S. Virgin Islands+1
  • Uganda+256
  • Ukraine (Україна)+380
  • United Arab Emirates (‫الإمارات العربية المتحدة‬‎)+971
  • United Kingdom+44
  • United States+1
  • Uruguay+598
  • Uzbekistan (Oʻzbekiston)+998
  • Vanuatu+678
  • Vatican City (Città del Vaticano)+39
  • Venezuela+58
  • Vietnam (Việt Nam)+84
  • Wallis and Futuna (Wallis-et-Futuna)+681
  • Western Sahara (‫الصحراء الغربية‬‎)+212
  • Yemen (‫اليمن‬‎)+967
  • Zambia+260
  • Zimbabwe+263
  • Åland Islands+358
Already have an account? Login here
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Thank you for signing up
Complete your upgrade now
Signup successful!
Download the FDD
Complete your upgrade

Competitors

Franchise
Franchisees
Growth
Initial fee
Investment
Revenue
Gross Profit
Operating Profit
Industry

423

+
18%
18%
No growth
New

$59,900

$92,000

-

$266,000

n.a.

$295,000

Pro

n.a.

Pro

n.a.

Pro

Business Services

Training

Real Property Management provides comprehensive training to its franchisees to ensure they deliver high-quality services. This training encompasses several key areas:

  • Property Management Fundamentals: Franchisees receive instruction on essential property management practices, including tenant relations, lease agreements, property maintenance, and legal compliance. This foundational knowledge is crucial for effective property management operations.
  • Marketing and Lead Generation: Training includes strategies for attracting property owners and tenants, utilizing both traditional marketing methods and digital platforms. This equips franchisees with the skills to effectively promote properties and services.
  • Technology Integration: Franchisees are trained to use proprietary software and other technological tools designed to streamline operations, manage client interactions, and maintain accurate financial records. Proficiency in these tools enhances efficiency and service quality.
  • Business Operations and Growth: The training program covers business management aspects such as financial planning, human resources, and strategies for scaling the business. This comprehensive approach prepares franchisees to successfully manage and expand their operations.

Territory Protection

Real Property Management offers franchisees a designated territory with limited protection. Typically, this territory covers a population exceeding 100,000 people.

However, the franchisor reserves the right to establish or operate additional businesses in the same area, as long as there is no more than one additional location per 100,000 persons.

This arrangement provides franchisees with a substantial market while allowing strategic brand expansion. Prospective franchisees should carefully review the Franchise Agreement to fully understand the specifics of their territorial rights and any limitations. This ensures clarity and helps in planning business operations effectively.

Number of units

2022

2023

2024
Franchised units

360

389

423

Company-owned units

0

0

0

Total units

360

389

423

Competitors

Watters International Realty

Investment required
$49,000
-
$201,000
Franchisees
10
+
0%
0%

PropertyGuys.com

Investment required
$22,000
-
$81,000
Franchisees
4
+
n.a.
n.a.

Grand Welcome

Investment required
$68,000
-
$170,000
Franchisees
62
+
138%
138%

Christie's International Real Estate

Investment required
$64,000
-
$443,000
Franchisees
38
+
-3%
-3%

Access the most comprehensive franchise database

For franchisees

Find the best franchises to invest into

For franchisors

Compare your brand to competitors

Get unlimited access to:
2,145 franchises data
Number of locations
Franchise fees
Total investment

?

Download unlimited FDDs
Revenue (AUV)

?

Revenue growth (last 3 years)

?

Profit metrics

?

Upgrade to Pro

Access the most comprehensive franchise database

For franchisees

Find the best franchises to invest into

For franchisors

Compare your brand to competitors

Upgrade to Pro
$180 / year
Total investment

?

Revenue (AUV)

?

Revenue growth (last 3 years)

?

Profit margin

?

Franchise Disclosure Documents
Advanced filtering and sorting
Watchlist

?

Priority support

?

Upgrade to Pro
Signup successful!
Complete your upgrade

A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.

Darren M.

Franchisee

Been waiting for years for this. All the most important franchises and their latest Franchise Documents to download. The team also updates the franchises very quickly.

Emily V.

Franchisee