Renters Warehouse continues to expand their presence nationwide through the sale of their franchises. Their new franchise office will be opening in Elkridge Maryland, and will likely be the first of many to open on the east coast.
Renters Warehouse has now sold its third franchise with many more in the works of being close to sold throughout the United States. The most recent franchise sold has been sold to David Gurian who plans to open his franchise January 1, 2012. David is a successful business owner and entrepreneur with a proven track record whom is looking to redirect his focus on a passion of his, which is real estate.
Renters Warehouse has made a large effort to sell more franchises in order to spread their presence in property management throughout the country. This has included hiring a full time Franchise Sales Director, attending more franchise business expos, as well as making their franchise sales a more visible part of their business. Renters Warehouse currently has franchise offices in Phoenix, Arizona, Denver, Colorado. Another reason for a push to sell Renters Warehouse franchises throughout the nation is due to the large size that the real estate property management industry encompasses.
Real estate property management is a $28.5 billion dollar industry. That’s a $9.7 billion increase over five years (up from $18.8 billion in 2002), according to the 2007 U.S. Census Bureau of Economic Analysis. In 2011 the real estate industry was named one of the fastest growing industries by median growth rate with a 233% increase, according to a 2011 Inc. Magazine article. It just so happens that Renter Warehouse was named #132 by INC. magazine in the 2011 INC. 500/5000 fastest growing privately held companies in America. Renters Warehouse was also named #3 in the real estate sector.
By making the decision to purchase and open a Renters Warehouse property management franchise Mr. Gurian will receive a franchise with a proven business model and process, a complete operations manual, as well as a piece of a company that has an excellent niche in the current and future real estate market.
About Renters Warehouse:
RentersWarehouse.com is home of Minnesota’s largest and fastest growing residential property management company. Having rented over 1 Billion dollars worth of residential real estate and currently managing over 200 million dollars worth of Minnesota property! Renters Warehouse is dedicated to helping every type of property owner lease and manage their residential real estate. It’s easy why Renters Warehouse is Minnesota’s landlord of choice; no fees upfront, cancel anytime and there’s no cancellation fee. Renters Warehouse will even assume all costs associated with marketing and advertising your rental property. And the best part is, Renters Warehouse warranties all their renters unconditionally for 6 months. Sign up for our management services and Renters Warehouse will extend that warranty to an industry record – 9 months! Renters Warehouse has the largest inventory of available rental properties in Minnesota. Find out what your property will rent for and how you too can have your property listed on RentersWarehouse.com. Read reviews about Renters Warehouse from property owners just like you. Owning real estate is one of life’s biggest commitments; learn how renting your property with Renters Warehouse can grow your personal wealth.
To learn more about Renters Warehouse and property management visit their website at http://www.RentersWarehouse.com