What Do I Need to Start a Property Management Business with iTrip?
If you think you’d like to break into the property management industry, you might be wondering: what do I need to start a property management business? Well, with iTrip by your side, not a lot! In fact, when you start your career as a property manager with iTrip, you can do so with little more than a car, phone, computer, ambition, and some excitement about our booming industry. Here, we’ll look at some of what it takes to join our brand family.
It’s not uncommon for people to think they need experience in the property management industry to take advantage of an iTrip opportunity. But that’s simply not the case. As our franchisee, you’ll receive comprehensive initial training that’ll prepare you for the opening of your franchise. Before you begin your iTrip property management business, we’ll go over important topics with you, such as:
- How to use our software and web hosting platform
- How to network with property referral sources, including real estate agents
- How to reach the best demographics
- How to find and manage your short-term rental properties
- How to create revenue forecasts and generate bookings
- And much more!
We know how important it is to start your property management business on solid footing, which is why we make sure to provide thorough pre-opening training and ongoing support for our franchisees.
A Comfortable Chair
Successful businesses require a lot of work, and an iTrip franchise is no different. To grow your iTrip business, you’ll need to build a referral network with property owners, real estate agents, and other referral sources. You’ll want to keep your finger on the pulse of your territory by going out into it to stay familiar with it, so you can recognize opportunities and meet needs.
Having said that, one of the best things about an iTrip franchise opportunity is that you can run much of your property management business from home. So, choose your room and invest in a comfortable chair! Our industry-leading software and platforms will allow you to manage all aspects of your business — from finding new clients and listing and renting new properties to communicating with our property management experts — all from the comforts of your home office (or kitchen or family room!). And because you’ll operate your business from your computer and smartphone, you won’t have the added expense of leasing a dedicated workspace and paying for additional utilities.
The Drive to Succeed
Our time-tested business model takes a lot of the guesswork out of running your franchise and acts as a roadmap that lets you leverage our industry to the fullest. Furthermore, our deep relationships with some of the most respected short-term rental listing leaders in the world, like Airbnb, Vrbo, and others, will mean your properties are seen by more people more often, on up to 80 booking sites. iTrip properties receive maximum exposure, and homeowners who rely on iTrip enjoy on average more revenue than they would otherwise.
All this makes managing and growing your property management business a whole lot easier. That said, it will be up to you to set goals for growth and have a vision for yourself and your franchise business. We’re here to help every step of the way, but ultimately, success will be determined by how driven you are to make the most of our industry-leading opportunity.
Ready to find out more about what you need to start a property management business with iTrip? We’re here to answer all your questions, so reach out today!