Real Property Management

Money you'll need

Ongoing fees

Royalty

8.5%

Advertising / brand fund

2% MAP (Marketing, Advertising and Promotion fund)

Other recurring fees

Not disclosed

Agreement term

Not disclosed

Your role

Ownership style

Not specified

Expected time

Not disclosed

Home-based

No

Staffing

1-2 to Start

Location

Not disclosed

Training and support

Training

Training and support program details: Most of our franchisees had no previous property management experience. Our team includes property managers, marketing professionals, accountants, and business coaches who provide training and on-going expert advice. In addition, an intranet accessible only to our franchisees includes a detailed operations manual and a library of over 500 forms, checklists, and job aids The initial 5-7 weeks of on-boarding training can be done from the franchisee's home via phone and webinar. The last week of the training prior to opening is in our headquarters in Salt Lake City. The office space requirement is class B or C, 500 square feet. Although we assist, lease negotiation is typically not needed. Many of our owners start in a shared office or executive suite and then move somewhere more permanent as they scale. Cost for Training: $1,000-$2,000 Lodging and airfare included: YES Site Selection Assistance: YES Lease Negotiation Assistance: - Mentor following training: YES Length of mentoring Franchisee: Ongoing through the life of their Franchise Agreement. They will have a fellow franchisee advisory council member mentor as well as a Business Coach mentor. IMPORTANT: Brand Requirements The franchise owner must hold a real estate license. However it's totally okay if you don't have it now! The process is built into Phase 1 of our pre-training program and typically takes 6-7 weeks to complete, depending on the state. The franchise owner must have an office. The important thing is a physical address for rent checks and appropriate space to host investors. A number of franchise owners rent from a co-working space, which suitable. Home offices are not allowed. The franchise owner must have a net worth of at least $150K. The Neighborly Broker Hub is a centralized resource built exclusively for our broker and consultant partners to support every stage of the candidate journey. The Hub provides easy access to marketing videos, brand collateral, one-pagers, brochures, and other share-ready materials brokers can confidently send directly to candidates. It also offers simple tools to check priority markets and territory availability, helping brokers quickly identify where each brand is actively focused and growing. In addition, the Broker Hub delivers direct insight from franchise owners and brand leadership through videos, presentations, and event content? So, candidates can hear firsthand what ownership looks like across the brands. Brokers also have direct access to schedule time with Neighborly brand leaders and development teams, making it easy to connect, ask questions, and move opportunities forward efficiently. As part of Neighborly, the Broker Hub is designed to streamline collaboration, increase transparency, and ensure brokers have the most accurate, up-to-date resources when guiding candidates toward the right opportunity.

Ongoing support

Site selection: YES Mentoring: YES; Ongoing through the life of their Franchise Agreement. They will have a fellow franchisee advisory council member mentor as well as a Business Coach mentor.

Financing information

SBA Franchise Directory

Listed (per source data)

Financing information describes options the franchisor mentions. It is not a loan offer or approval; lenders decide based on your circumstances. An SBA directory listing does not mean any loan is guaranteed. What it means.