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Updated RecentlyKeyrenter Franchise
Property management
Keyrenter Franchise is the ultimate business model in innovative and proactive residential property management. Every system was painstakingly developed to reduce the time, money, effort and stress associated with doing business. Through the use of KeySystems, franchise owners can handle more properties with fewer people, enabling them to focus on building business, capture a higher share of the market, and outpace competitors.
Proprietary software, combined with years of extensive research, analysis of our exact target marketing techniques, and a sound understanding of the real estate industry, have led to brand recognition and a strong online presence for Keyrenter's local market areas. Professionally designed Keyrenter websites have many functions and act as a proven virtual lead generation machine, through the use of continued assisted marketing.
Our automated and technologically advanced systems are proven to generate passive recurring monthly revenue for franchise and property owners allowing both to build real equity toward retirement.
The benefits derived from our goals and business philosophies extend to everyone: franchise owners, staff, property owners and tenants. We strongly believe that relationships and our value system are the foundation to our success. Keyrenter Franchise strives to be as green as we can be. We have built eco-friendly systems to reduce the carbon footprint we leave on this planet. We are virtually a paperless company and we have drastically reduced the travel time typically associated with the property management industry.
Veteran Incentives 10% off franchise fee
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How much does it cost to open a Keyrenter Franchise?
The investment required to open a Keyrenter Franchise is between $66,430-$136,514. There is an initial franchise fee of $30,000 which grants you the license to run a business under the Keyrenter name.
Individual Unit Costs
- Initial Investment:
$66,430-$136,514 - Initial Franchise Fee:
$30,000 - Royalty Fee:
7% - Advertising Fee:
1% - Term of Agreement:
10 years
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Keyrenter High-Tech Property Management Franchises Available
Today Keyrenter Franchise LLC, a Midvale based company specializing in property management, announced that Franchise Disclosure Documents were filed and franchise opportunities are now available.
Territories targeted for immediate expansion include all major metro markets in 28 States: AL, AK, AZ...
Keyrenter News & Press Releases
When did Keyrenter start Franchising? 2014
United States: Nationwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | Yes |
| Startup Costs | N/A | Yes |
| Equipment | N/A | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
Third Party Financing Source(s): In-house financing of the franchise fee is available to qualified applicants.
Other Financing Source(s): SBA loans and Veteran Assistance is also available.
Training
Phase I - The initial training program is held approximately one month prior to the opening of your business and there is no fee to attend the program. It is held at Keyrenter Headquarters in Midvale, Utah (Salt Lake City) and is also referred to as KeyUniversity. It was designed for completion in one week (5 business days). Approximately 27 hours will be spent in the classroom, and 8 hours will be spent shadowing a Keyrenter Property Manager while they are actually on-the-job. KeyUniversity will cover the following topics: accounting, marketing, management, maintenance, office procedures, sales and closing.
Phase II training is delivered in three different stages as follows:
Stage 1 - JUST IN TIME TRAINING - Once the business has opened, an onboarding specialist will be appointed to assist with questions for the first 12 weeks to address any question about software and KeySystems. After that, we will always be here to assist during regular business hours and we will respond to questions as quickly as possible.
Stage 2 - ONGOING SUPPORT - After onboarding is complete, continued ongoing support in the form of phone and email assistance, conference calls and pre-scheduled webinars will be available..
Stage 3 - ANNUAL EVENTS - Annual conventions will be held at our headquarters, or other location we designate. Conventions will not exceed four (4) days in length. The purpose is to create a fun and stimulating environment where franchisees can benefit from the synergy created by like minded people. The event will be used to launch new products, and discuss business trends, policies, procedures and trade regulations. Advanced training and mastermind sessions will also be available.
Support
Purchasing Co-ops
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Franchisee Intranet Platform
Marketing
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
The Keyrenter Property Management business model is scalable. To begin with, at least one property manager is required to negotiate contracts. After the ramp-up stage, a full-time office manager should be added to handle calls during business hours.
A broker license association may also be required depending on your state's regulations. Each franchise owner must decide whether to obtain a real estate license, or hire someone who already has one.
* Pay yourself * Market to owners * Close contracts * Make sure properties are ready to rent * Oversee maintenance of properties * Provide property inspections * Collect rents * Pay vendors Absentee Ownership Allowed Number of Employees Required to Run: 1
Business Experience:
We take strict precautions to protect our brand, reputation and increase the success rate of our franchisees. Because of this, we must be selective in our expansion process. The personality profile of the ideal franchise owner includes all of the traits listed below:
Each Keyrenter Franchise candidate must be willing and able to fulfill the following tasks:
To calculate how much income a franchise owner can do at Keyrenter Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Keyrenter and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Keyrenter franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Keyrenter
79 E Fort Union Blvd
Midvale,
UT
84047