Question 1

Does Real Property Management franchise offer exclusive territory?

Accepted Answer

Real Property Management offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the Real Property Management franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Real Property Management is 10 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Real Property Management franchise?

Accepted Answer

The Real Property Management franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Real Property Management franchise?

Accepted Answer

Yes, Real Property Management allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $10,000 applies.