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 in 1986 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, 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.
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.
Real Property Management provides comprehensive training to its franchisees to ensure they deliver high-quality services. This training encompasses several key areas:
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.
KEY FRANCHISE STATS
All you need to know about this franchise
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Below are some of
Real Property Management
key competitors in the
Broker/Realtor
sector.
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LakePlace.com
$50K - $100K
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PropertyGuys.com
Under $25K
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$20,000
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