Real Property Management Valley Wide Looks to Acquire Assets of Independent Property Managers
Aims to Raise Standard of Property Management in Merced County
(Merced) – (May 1, 2015) – Real Property Management Valley Wide, part of the nation’s leading property management franchise, announces a strategy to acquire the assets of individual property managers in Merced – a move set to elevate the standards of the highly fragmented property management industry.
Through the acquisitions would come Real Property Management’s streamlined approach and technology-driven operations to more rental property owners. By focusing on acquisitions, Real Property Management Valley Wide will create exit strategies for individuals, including property managers seeking retirement or real estate agents wanting to return full-time to selling homes. After the U.S. housing bubble, many agents managed properties as a way to earn extra income.
“The industry has evolved. Everyone from large institutional investors to landlords with a few properties are demanding greater ROI, and we have the technology, systems and size to deliver,” said Andrea Borges, Owner, a Merced franchisee of Real Property Management. “Whether you’re a real estate agent managing properties on the side or a seasoned owner of a property management company, Real Property Management Valley Wide offers a seamless acquisition opportunity.”
In the past few years, Real Property Management franchisees nationwide have completed hundreds of acquisitions, including a large-scale buyout in San Diego, California. John Gitlin, franchise owner of Real Property Management Winchester, purchased an 850-unit portfolio from Winchester Property Management in 2013 when the owner wanted to retire. After bringing a new level of organization to the acquired portfolio with upgraded property management software and more efficient processes, Gitlin placed a renewed focus on increasing rental income for his new clients.
More recently, Real Property Management Dallas/Ft. Worth acquired the assets of Specialized Property Management, one of the largest Fort Worth property management companies. Led by franchisee Charles Thompson, Real Property Management Dallas/Ft. Worth is now the largest professional property management firm in the Dallas-Fort Worth market. Melissa Shearer, president of Specialized Property Management, continues to run the company for the foreseeable future, reflecting Real Property Management’s commitment to creating deals in the best interest of all involved parties.
Real Property Management is the leading property management franchise in the nation with total assets under management of more than $7 billion. The franchise has more than 260 offices in 44 states. Real Property Management Valley Wide is one of these leading franchises located in the Merced County area.
Real Property Management Valley Wide specializes in managing single-family homes, townhomes, condos, multiplexes and small apartment buildings. Its services include finding and screening tenants, completing the lease agreements, collecting rent, arranging for any necessary repairs, and processing evictions when necessary. Real Property Management Valley Wide also manages the legal compliance for both state and federal real estate law.
To learn more about the company’s acquisition program, please visit 209-772-7761 or www.vallyewiderpm.com.