Residential property management has become one of the fastest
growing industries in the country. More than one third of all
residential households in the U.S. are rentals and, on average,
only 20% of those rentals are being managed by a professional.
Therefore, the demand for quality property management companies is
extensive and increasing. Millenials are often burdened with
college loans and prefer the flexibility of renting over buying.
Boomers who were affected most by the housing downturn have become
the fastest growing segment of renters in the US as they
considering downsizing for retirement. Couple that with higher
credit lending standards and prices for properties on the rebound
and fewer Americans in general can afford to buy, resulting in an
increased number of investors and investor groups purchasing the
homes that are available. Advances in technology have made it
possible for those investors to acquire real estate outside of
their local markets. All of this has enhanced the growth and
profitability potential for property management companies
substantially. In any economy, people need housing. The industry is
stable and generates consistent monthly revenue in times of both
recession and inflation.
Where Real Property Management separates themselves from the rest
is in their proven systems and tools, world class training and
leadership team, industry research and testing, marketing materials
and planning, automation and technology, and national partnerships
that offer discounts on daily operations and/or additional revenue
streams. These differentiators allow Real Property Management
franchise owners to manage accounts more efficiently and maximize
the revenue generated per unit compared to their competition. Thus,
allowing the business to scale. Scale doesn't happen overnight, but
once achieved can offer the franchise owner the luxury of stepping
out of the day to day operation, reaping the rewards that this
opportunity can offer from a more passive position over time.