Strong Support and Sales Center
1. Transform Maintenance into Revenue
You run a property management company where revenue comes from a percentage of the rent roll you manage. Growing revenue typically means adding more units, which requires new clients, more staff, and potentially more office space. But what if there was a way to boost profits without adding doors?
If your company manages 1,000+ units, you likely spend over $500k annually on regular maintenance like gutter cleaning, dryer vent cleaning, smoke alarm checks, pressure washing, and more. These tasks are essential to prevent deferred maintenance, reduce liability, and meet client expectations. However, managing multiple vendors for these services is time-consuming and offers no direct financial benefit to your company.
HomeSmiles provides a better solution. As a franchise partner, you can handle all required annual maintenance for your clients at half the usual cost, improving efficiency and reducing liability. HomeSmiles’ proven system covers 18 maintenance items, provides detailed reports with photos, and creates a new profit stream for your business. With gross profits averaging 21%, you can turn existing maintenance expenses into revenue while saving time and money for both you and your clients. Explore the potential to transform your maintenance process and grow your business profitably with HomeSmiles.
2. Scaling Your Property Management Company
If you are an emerging or established property management company, HomeSmiles can help you scale to the next level. HomeSmiles’ established processes allow you to implement an established system with all the required back-end support to perform all required annual maintenance on the properties that you manage while simultaneously allowing you to generate additional profit. As you scale your property management company, you will simultaneously scale your HomeSmiles profit center. We have everything you need in order to add an additional revenue center to your existing property management company and scale your business with a HomeSmiles franchise partnership.
3. Addressing Liability Concerns
You own and operate a property management company. You have your license, you’ve done the training, you’ve provided excellent service to your clients, and built your business…but, you’re concerned aren’t you? What if something goes wrong? What if there is a fire? A carbon event? A slip and fall? What about deferred maintenance? Am I doing everything I can and should do for the houses and buildings that I manage? Am I exposed to litigation? These concerns are real and they should cause you a moment of pause. Liability and deferred maintenance claims are on the rise and getting worse every year. Some illustrative case studies are included below.
a. Deferred Maintenance Claims
Property Management Standard of Care
Preventing Costly Deferred Maintenance and Liability Claims
A California court awarded $93K in damages against a property management company in Brown v. Rodriquez for failing to perform routine maintenance, such as gutter cleaning and dryer vent cleaning, which led to costly repairs. To prevent such claims, property managers should provide annual maintenance recommendations in writing and document any owner refusals.
In another case (Golden Eagles Insurance Corp. v. Lemoore Real Estate), a property manager was found 90% at fault for a fire that killed five tenants, resulting in a $29M judgment. The negligence included failing to maintain smoke alarms and clean dryer vents.
Key prevention steps include:
Routine Maintenance: Regularly clean vents, gutters, and other critical areas.
Smoke Alarm Compliance: Inspect, test, and log annually.
Documentation: Record all maintenance actions and owner decisions.
Proactive management and thorough documentation are essential to reduce liability and protect both tenants and properties.
4. Addressing Liability Concerns
A HomeSmiles franchise offers a turn-key model to add efficient maintenance to your property management business.
With comprehensive training, equipment, and systems, no prior experience is needed. Our system enables your team to complete an 18-Point Service in under two hours. Customizable service reports, branded with your logo, provide essential documentation for clients, reducing liability claims. Additionally, HomeSmiles technicians can generate annual inspection reports. For those looking to expand, our Sales Center helps with bidding, scheduling, invoicing, and tracking services, saving time and resources at the franchise level.
5. The Industry Leader in Property Maintenance
HomeSmiles is the industry leader in property maintenance services. We have performed over one million individual services for property owners. HomeSmiles is the nation’s fastest growing home maintenance services brand.
Association of your company with a HomeSmiles franchise partnership will not only bring added value to your business, but also allow you to provide better services to your clients at a reduced price.
6. SBA Financing, Fast and Easy Startup!
We are a registered SBA franchise and have all the necessary pieces in place to allow you to finance your franchise partnership with HomeSmiles.
With our experience behind you, we can have your van(s) in your driveway and running service calls within 45 days. And remember, this isn’t just a “one time” piece of revenue-it is annual. Further, as your property management continues to grow, so will your additional income from your HomeSmiles Franchise partnership.
And speaking of growing your property management company; the best way to grow your business is to take great care of the clients that you already have. Properly performed, documented, and reported maintenance services make your company shine for your clients and tenants.