Franchises > Keyrenter Franchise Review
Keyrenter Franchise Opportunity
Keyrenter Property Management
Keyrenter is the ultimate business model for efficient and proactive residential property management. All of our systems are engineered to reduce time, effort and stress while the franchise owner and their clients generate recurring monthly income. It is our mission at Keyrenter to every affiliate meet their personal goals through wealth accumulation and improved quality of life.
Relationships, automation and advanced technology are key components to our success. In addition to ongoing training and support, our assisted online marketing techniques generate a constant flow of property owners and tenants to help you build real equity in retirement.
First Unit Franchised: 2014
Franchised Units: 3
Company Owned Units: 3
States Registered In: Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, District of Columbia, Georgia, Idaho, Iowa, Kansas, Louisiana, Massachusetts, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, Tennessee, Utah, Vermont, West Virginia, Wyoming
Canada Franchises: No
International Franchises: No
Cash Investment: $37,000-79,000
Total Investment: $75,000
Minimum Net Worth: $50,000
Franchise Fee: $30,000
Average Number of Employees: 3
Passive Ownership: Yes
Home Based: No
Master Franchise Opportunities: No
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: No
Training: TOP KEYRENTER SELLING POINTS
Recession Proof Industry
Keyrenter is not dependent on the economy. In fact, the current market has created a meteoric business trend resulting in a prime opportunity for residential property management.
Recurring Monthly Income
A key to successful business models, recurring revenue lets you make a sale just once but reap the benefits on a continuous basis. The life of an average contract is three years.
Turn Key Operation
We’ve built KeySystems so you have time to focus on relationships. Relationships are the difference at Keyrenter.
Through automation and technology KeySystems have simplified the property management business allowing you to manage more properties with less people, time and effort.
Time For Life
Using technology, the time spent managing a Keyrenter Property Management Franchise is reduced, leaving more time for the things you enjoy.
High Return On Investment
The ability to manage more properties for less money increases productivity and profitability. KeySystems mean less errors, turnover, chaos, expense and stress.
Low Capital Investment
The franchise fee is only $15,000 - $30,000 depending on the size of the market. Keyrenter may finance up to 75% of the initial franchise fee for 12% APR over 36 months. The initial capital investment range is from $52,000 - $78,000.
Our tried and proven business model is designed to reduce risk. No inventory, no retail lease requirement, and no expensive build out costs all equate to less financial exposure for you.
Unlike competitors who are sold out in many regions, we are actively expanding in all major metro markets. We guarantee only one office per 300,000 in population.
No Experience Required
Management and sales experience are beneficial in any business, but there are no specific educational requirements to own a Keyrenter Franchise. We will train you and provide continued support every step of the way.
Other Info: KEYRENTER COMPETITIVE ADVANTAGES
Our superior business model was developed by real estate professionals who manage their own investment properties. With an emphasis on time management and increased profits, they engineered KeySystems that allow for wealth accumulation and increased quality of life:
KeyWare – Web integrated software that manages your whole business
KeyManager – Automates, identifies and assigns day-to-day work flow tasks
KeyAssist – Increases time for life and customer satisfaction while enhancing customer services
KeyUniversity – Start up training, just-in-time training, online courses, and ongoing support
KeyGrowth – Lead generation and assisted marketing
BASIC PROPERTY MANAGEMENT TASKS
Market to owners
Make sure properties are ready to rent
Oversee maintenance of properties
Provide property inspections
IDEAL CANDIDATE PROFILE
High level of integrity and business ethics
Entrepreneurial spirit and mind-set
Enjoys working with people
Good communication, marketing and networking skills
Desire to provide excellent customer service
Management and staffing ability
Passion for success
ROLE OF KEYRENTER FRANCHISE OWNER
Participate in training and develop understanding of all Keyrenter systems
Recruit, hire and train staff while ensuring their access to corporate support
Learn, understand and abide all fair housing laws and regulations
Manage staff or hire business manager
Build brand awareness and participate in marketing campaigns
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