LEHI, Utah, July 17, 2018 – National real estate management franchise Property Management Inc. (PMI) is buying property management businesses, portfolios and contracts with its corporate acquisitions program. With over 200 locations, PMI is strategically positioned to provide property owners local management with the reliability of a national brand’s quality service standards. PMI’s acquisitions program offers begin to end resources to property managers looking to exit their business. The program is designed to educate potential sellers about the process of selling and how to find an accurate market valuation for their property management business.
“Most management businesses are sold by property managers who are looking to retire or to restructure their business so that they can give other properties or services their full attention,” explained PMI Director of Acquisitions Aaron McElhiney. It can be hard to know where to start if you want to sell your property management company, and a PMI we want to educate the seller and provide assistance with the selling. We are able to explain the process and set an expectation for business owners so that they have the information they need to make the best decisions.” When a seller contacts a PMI Acquisitions specialist, the specialist will help them determine the market value of their portfolio and if they choose to move forward PMI assists in locating qualified buyers and facilitating the transfer of properties to the buyer to create a seamless transition for owners.
Because the PMI network has offices across the country that manage all types of properties: commercial, residential, association and vacation rentals, it is uniquely positioned to purchase mixed portfolios that combine multiple types of properties. Property management business owners can find out more by visiting PMI Acquisitions online.
About Property Management Inc.
Property Management Inc. is a property management and real estate services company providing leading-edge technology, training, systems and support to more than 200 franchises. The PMI network manages more than $7 billion in assets globally and is recognized as a leading property management franchise. Its innovative franchise program provides the only platform that unifies the four pillars of property management: residential, commercial, association, and vacation. PMI is currently named on the Inc. 5000, Entrepreneur’s Franchise 500 list as “Best in Category” winner for 2017 and 2018. Additionally, PMI is ranked as one of the Top 100 Global Franchises in 2017 by Franchise Direct. For more information, please visit www.propertymanagementinc.com.
