Keyrenter Property Management
Professional Services Real EstateCompany Information
Address
79 East Fort Union Blvd.Midvale, Utah 84047
Website
Tel
Email
Franchise Summary
Description
Keyrenter Property Management businesses provide full service real estate management and rental services, focusing largely on single-family homes and condominium owners, as well as related property management servicessuch as signing leases, collecting rents, and performing and coordinating maintenance and repairs.
Company Background
Keyrenter Property Management is a full service real estate company that provides rental services for single-family homes and condominium owners. They are committed to providing excellent customer service, to ensure the best possible experience. Keyrenter has built its reputation on being innovative, dependable, and responsive to each client's needs.
Franchise Opportunity
Finding good quality property management companies can be difficult. If you're like most people, you don't have the time to track down a good real estate company and review their services. This is why we created Keyrenter Property Management. Our goal is to provide homeowners with a hassle-free way of finding qualified professionals who will take care of your rental properties as if they were our own. We've done all the hard work for you! All you need to do is fill out this quick form and we'll send free quotes from local property managers in your area that are specifically matched to your needs and budget! You won't find better service anywhere else!
Corporate Structure
Keyrenter Franchise, LLC formed a limited liability company in Utah on December 10, 2013 to offer Keyrenter Property Management franchises. Their principal business address is 79 East Fort Union Blvd., Midvale, Utah 84047.
Royalties and Marketing Fees
Royalties : 10% of all gross revenues if received after the Due Date for that month, otherwise, if received on time, then 7% Of Gross Revenues or $250 whichever is greater, if received by due date
Royalties : 1% of gross revenues
Royalties : 3% of gross revenues or $2,000 (whichever is greater)
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Real Estate Industry$280,306 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
| # | Type | Investment | Fees |
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Management Team
| # | Name | Position |
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Distribution of Keyrenter Property Management Franchisees
Keyrenter Property Management Franchise System Development in 2022
FAQ
How much investment do I need to start my own Keyrenter Property Management business?
Franchisees typically require at least $104 to $220 investment to get their Keyrenter Property Management business started
What are the initial franchise fees for Keyrenter Property Management?
Franchisees typically need to pay at least $55 in fees directly to Keyrenter Property Management in order to earn the right to launch their business
How much money can I make with a Keyrenter Property Management franchise? What are
the average revenues for a typical Keyrenter Property Management business?
We estimate that the average revenue of an individual
Keyrenter Property Management unit is approximately
$280,306. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Keyrenter Property Management unit? What
is my contractual commitment?
Keyrenter Property Management franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$104,625 to $220,279
which is
Much Higher
than the $0 to $0 average in the Real Estate industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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