Real Property Management vs Nexus Property Management Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Real Property Management vs Nexus Property Management including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Real Property Management Franchise
Nexus Property Management Franchise
Investment $101,224 - $154,974$50,350 - $106,250
Franchise Fee $55,000$25,000
Royalty Fee 7%6% +2%
Advertising Fee 1% -2%1%
Year Founded 20042012
Year Franchised 20042017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Real Property Management Franchise
Nexus Property Management Franchise
Experience We are looking for franchise owners who want to build an ever-growing business. Our franchisees come from all walks of life. Our best franchisees are committed to working hard for the first few years before reaping the rewards of their efforts. New franchisees must have minimum working capital of $80,000.$100K Net Worth

Financing Options
 
Real Property Management Franchise
Nexus Property Management Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Real Property Management Franchise
Nexus Property Management Franchise
Training New franchisees participate in seven weeks of online training, four days of live training, and receive 30 - 60 days of one-on-one on-boarding. Then, our team of property managers, marketing professionals, accountants, and business coaches provide on-going expert advice. In addition, an intranet accessible only to our franchisees includes a detailed operations manual and a library of over 500 forms, checklists, and job aids. During the year we hold two national conferences, monthly marketing and operations calls, weekly communications, and frequent webinars on topics of interest to franchisees. Our network of 280 fellow franchisees band together to provide additional support to each other. On-The-Job Training: As needed Classroom Training: 32 hours+ Additional Training: Online training, 7 weeks; ongoing advanced training We include a weeks worth of training at our headquarters to teach franchisees everything they need to know in order to run a Nexus office.
Support State of the art operating systems, productivity software, streamlined processes, an intranet available only to our franchisees, and monthly scorecards make our offices efficient and productive. Standardization allows us to monitor performance of each office relative to similar offices so we can provide best practices. A complete set of marketing tools are ready for you to use, including a custom website, over 50 videos, numerous presentations and sales scripts, online and print advertising, brochures, direct mail, email, broadcast advertising and client newsletters. Using Brand Central, items are customizable for each franchise. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Proprietary Software Franchisee Intranet Platform We offer 24/7 ongoing support in regards to questions/concerns/feedback/suggestions/etc. We will also send a Nexus representative to assist the franchisee with their office grand opening.
Marketing Our world-class marketing includes national public relations, publication of quarterly rental market statistics, media rates and performance data for broadcast media, research on rental property owner attitudes and perceptions, and a database of information about 14,000,000 prospective property investor clients. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Number of Employees Required to Run: 1 - 3Property Management, Leasing, Maintenance, Investment Realty

Expansion Plans
 
Real Property Management Franchise
Nexus Property Management Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Real Property Management


Real Property Management is an award winning franchise with more than 280 offices throughout North America.   Real Property Management have been named to the 10 best franchises in the United States by Forbes magazine for investments under $150,000.  We are also proud to be ranked the #1 property management franchise on Entrepreneur magazine's list of top 500 franchise companies, and have been ranked for seven consecutive years; Inc. 500 recognized us as being one of the fastest growing privately held companies in 2010 through 2013. And, Franchise Business Review has named us a top 100 franchise for veterans based on satisfaction surveys from our veteran owners compared to other franchises.  We were named Best for Vets by Military Times and in 2016 were name Franchisor of the Year by ThinkRealty magazine.


Your role as a property manager would be to find and screen tenants, process rent payments, provide property inspections, maintenance & repairs, and process evictions when necessary. As the owner of your own business, you would be selling your services to property owners and investors, working with real estate agents and others to gain business referrals, and managing your business and staff. Our well established, proven operating systems and technology will streamline your operation and make you more efficient than your competitors.

Veteran Incentives  10% off franchise fee
"Top      "Entrepreneur
#62 in Gator's Top franchises. 

                              
"franchiserankingscom"
#24 on Franchise Rankings.com
#301 in Franchise 500 for 2020.
#245 in Franchise 500 for 2021.














About Nexus Property Management

Nexus Property Management™ is exclusively focused on property management and assisting real estate investors acquire investment properties. Our unique approach, systems, and efficiencies are derived from years of experience, managing hundreds of units. While most real estate companies who offer property management are primarily brokerages with the main focus being sales, 
Nexus Property Management™ routinely turns down opportunities that may spread resources to other areas and dilute our standard of service. We manage property, and that is all we do. Nexus Property Management™ has the singular focus to be the industry leading property management company nationwide. Nexus Property Management™ has recently been approved to franchise nationwide and has multiple franchise locations in progress. 

We are now offering our industry proven model to those looking to own their business, but not have to deal with the risks associated in starting from scratch!

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Startup Costs/Fees:

$25K Franchise Fee
$25K-$75K Office/Location Setup (Varies on size/location)

Royalties: 6% of property management revenue, 2% of maintenance revenue, System Advertising 1% of management + maintenance revenue

Whats included? A turn key website which we provide ongoing support/updates on, SEO, adwords campaigns, all social media management, private intranet offering 24/7 access to our support staff/training manuals/educational docs