The Property Management Franchise Market
In the world of business and real estate there is one sector that always seems to grow consistently - PROPERTY MANAGEMENT.
The real estate market is a multi-trillion dollar industry, and property management has risen to the top and established itself as one of the fastest growing sectors within the real estate industry.
Why the growing trend towards property management?
Virtually all non-owner occupied residential space and investor owned commercial, retail and industrial space requires a property manager. The industry that PMI provides services to is enormous and the growth potential for the property management industry is considerable.
In addition, the consistent, recurring revenues generated from property management services are enviable in an economy, such as today's, that is subject to frequent business cycle swings. There has never been a better time to own a Property Management franchise!
Is the property management franchise industry recession proof?
Whether the real estate market is “booming” or “busting,” properties always need to be well managed and maintained, rents will still need to be collected, bills will still need to be paid. With a Property Management franchise you can provide all these valuable and profitable services and more.
Regardless of whether or not the real estate market is strong or weak, non-owner occupied or investor owned properties will always require a knowledgeable and capable property management company. With a PMI franchise, your services will be in high demand no matter the current trend in the real estate market.
Why Join Our Property Management Franchise?
Operating a Property Management Inc. franchise is an exciting way to go into business for yourself – but not by yourself. And PMI provides support every step of the way. You don’t have to be an expert at real estate, management, marketing or finance because PMI can teach you all you need to know. There has never been a better time to own a property manager franchise.
In addition to its brand recognition and proprietary management systems, one of the primary reasons many individuals purchase a PMI franchise is to minimize the risk of failure. A number of independent studies have concluded that the failure rate of a new startup business is over 90% within the first 5 years, whereas 90% of all our property manager franchise businesses are still operating after 5 years of being in business.
If you have never been your own boss, starting a business can be difficult and scary. A large number of all new businesses do not survive their first two years. What is often missing from those failed businesses is a safety net, which is the very thing that PMI provides.