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Finding a property management franchise online

If you’re searching for a property management franchise online, here is the type of information we recommend that you gather in your research:

  1. Residual income – In the property management business, residual income is key. Estimate what level you expect to achieve on a monthly and annual basis.
  2. IT systems – The right IT systems, support and tools are an essential part of daily operations. Investigate how these systems will work. Nowadays, IT is much more crucial than having a high street presence. At Redstones, our sophisticated software is designed to make the daily operation of a property management company as easy as possible. All statements and invoices are on-line, giving landlords transparency and inspiring confidence.
  3. Marketing support – You will need to pro-actively build a customer base from day one. The right marketing strategy and approaches are crucial to this and we advise all franchisees on the marketing methods that really work.

With any franchise, a new franchisee should demand the right advice and support to get their business off the ground and achieving real success. Unfortunately, not all property management franchises online offer the level of support that they should for new franchisees. This inevitably leads to frustration and disappointment.

At Redstones, franchisees praise us for the level of support we offer. Earle Kinlay, the owner of our Hale & Altrincham franchise says, “Ultimately, it was Manjit Virdi, the Franchise Owner along with existing franchisees, who really sold it to me. Manjit was always available to answer any questions or concerns in an honest and open way and there was never any hard sell or pressure to sign up. The other franchisees I spoke to were just the same, giving their honest opinions and advice.”

Conducting your own detailed research, along with speaking to other franchisees, is a fantastic way of ensuring that you’re buying into the right property management franchise.

Find out what’s involved in becoming a valued Redstones franchisee.