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Franchise overview by FranRelay

Real Property Management

Real Property Management manages rental properties for property owners. Franchisees run an office that handles tenant screening, leasing, rent collection, and coordination of maintenance and repairs.

Speak with a FranRelay consultant about Real Property Management, your questions, and next steps.

Investment and fees

What it costs to open and operate

Ask about investment and fees

Upfront investment

Total initial investment

$99,341 – $244,302

USD; includes franchise fee. Assumes a leased 500-1,000 sq. ft. office, lease entry costs and three months' rent. Low equipment costs assume a similar existing business; high assumes none. Vehicle costs: branding an existing qualifying vehicle at low end; buying and branding one at high end.

Initial franchise fee

$69,900

Normally counted within the total above, not added on top — confirm in the source.

USD; standard fee, due in full at signing and nonrefundable. Qualified veterans may receive a discount. Separate eligibility terms apply to roll-in, multi-unit, and affiliate-brand discounts.

Selected fees

  • RoyaltyMonthly: 8.5% of Real Revenue, months 1-12; 8.25%, months 13-24; 8% thereafter, subject to minimums.

    Pay the greater of the percentage or monthly minimum: $0 in months 1-4; $250 in 5-12; $500 in 13-24; $1,000 thereafter. Prior month's Real Revenue; due the 15th. Minimums run from the effective date; if signed on or after day 2, the signing month and next both count as month 1.

  • Advertising contributionA MAP Fund contribution is required.

    Separate from local spending. The Digital Marketing Program is required for at least 24 months: $499 per new office monthly for the first 12 months, then a $599 monthly minimum per office. Prices may change with market conditions. Leaving after 24 months requires 30 days' written notice and proof of replacement SEO agency services; otherwise, re-enrollment applies.

  • Local marketingAnnually: greater of $32,000 or 5% of the previous calendar year's Real Revenue.

    Spend on approved local advertising, in addition to MAP contributions. Qualifying digital-program and local marketing group spending counts toward the minimum. Participation and contributions are required if a group is designated; the spending minimum does not cap group contributions. RPM may collect spending shortfalls or collect the minimum to provide local marketing.

These are selected fees, not the complete fee schedule. Review the full FDD for all fees and conditions.

Figures are as disclosed for the period shown; unknown or undisclosed items are labelled, never shown as $0. No earnings, profit or payback figures are shown. Revenue is not profit.

Ownership and support

What owning this franchise involves

Your role

Your ownership structure determines who must supervise the office.

Owner involvement
Individual owners operate or supervise; entities use a trained on-site owner unless RPM approves otherwise.
Main responsibilities
Manage client accounts, leasing, rent collection, tenant screening, and maintenance coordination.
Manager requirements
Using a manager instead of owner supervision requires RPM's consent; the manager must complete training.

Free consultation

Let's talk about Real Property Management.

Discuss your startup budget, supervision plans, and licensing questions with a FranRelay consultant.

Free for buyers. Franchisors may pay FranRelay if you go ahead; we tell you before any introduction, and nothing happens without your go-ahead.

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Brand FAQs

Real Property Management Franchise Questions

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Disclosure document

The fees above are a short selection. Check the full FDD for all fees and terms before making a decision.

REAL PROPERTY MANAGEMENT SPV LLC, Franchise Disclosure Document. not extracted; inspect cover.

An introduction is not a statement that territory is available or that you will be accepted.