Why Franchise

The exponential growth of the vacation rental business along with advancing technology over the last several years is creating a significant shift in the industry landscape whereas traditional rental management companies are not the answer anymore.

The PropertySense business model was built upon the success of providing property owners an all-inclusive service solution that allows them to focus on providing their guests with a great vacation experience. Once your franchise is up and running, PropertySense will quickly become a top choice for vacation property owners to turn to.

Our MISSION is to provide a service solutions platform that bridges the gap between owners, guests, and partners through innovative technology, and strategic partnerships.

Our VISION is to become the largest service solutions platform for vacation rental owners through disintermediation.

Support

We will help you every step of the way to build a great and profitable location.

Our professional management team combined have decades of experience in the vacation rental industry specializing in three key areas:  operations, communications, and field service. Combining our expertise with the latest technology allows us to remain forward-thinking and focus on the best approach for meeting our customer’s needs.

 

Franchise Support Includes:

  • In-depth Training
  • Assistance on Site Selection
  • Warehouse/Office Design Assistance
  • Equipment Program
  • Supply Start-up
  • Software Set-up
  • 24/7 customer service support
  • Supply Distribution

Operations Manual:

  • Equipment Set-up and Maintenance Requirements
  • Ordering Supply Policy & Procedure
  • Employee Job Descriptions & Duties (pay scales to be based on market)
  • Best Service Practices

Marketing Tools:

  • Vehicle Decals
  • Marketing brochures/flyers provided
  • Social media promotion
  • Newspaper, radio, and/or tv promotion of opening
  • Grand opening Support & Assistance

Franchise Inquiry

Interested in being a part of the Vacation Rental Industry, and growing a successful business? We’re looking for passionate, service-minded individuals to be a part of this exciting industry. Complete the form below to get the conversation started!

  • This field is for validation purposes and should be left unchanged.

Services

Property Sense prides itself on providing a unique menu of services so that our property owners can minimize time researching for multiple providers. To stay true to our mission, all Property Sense Franchise locations will offer the following services:

  • Cleaning
  • Linen
  • Amenities
  • Inspections
  • Maintenance – General

Partnerships

Property Sense has partnered with Evolve Vacation Rental Network. They are a cost-effective marketing and booking company that  provides property vacation owners with excellent performance quality, lower fees, and flexibility compared to their competitors. Evolve focuses on marketing and booking your property and gives you the flexibility to configure on-the-ground service to your satisfaction.

Traditional rental companies charge 30-50% of the rental income. Evolve takes a different approach by offering unbeatable performance at an industry-low booking fee of just 10%!

Evolve Vacation Rental Network will be the only marketing and booking company that is promoted to our vacation owners by any PropertySense franchisee location.

Evolve Vacation Rentals

Software

GuestReady365 is an innovative software solution intuitively designed to meet the vacation rental field service industry’s needs. It’s a single software solution that will help you easily manage the daily operations of your franchise business.

GuestReady365 offers a cleaning, linen, inspection, and maintenance workflow designed to support outstanding service delivery and improve correspondence between you, customers, team members, and vendors.

Some of the exciting features of the software include:

  • Operational Dashboard
  • Integration into QuickBooks for easy invoicing, payroll, and accounting
  • Email and texting notifications
  • Advanced reporting feature

Keys to Success

  • Service driven mindset built around hospitality
  • In-depth knowledge and experience in field/hospitality operations
  • The ability to lead a diverse team of individuals
  • Strong verbal and written communication skills
  • Highly efficient in time management and organization
  • Develop lasting partnerships with vendors and clients

Service Quality

  • Overall Guest Satisfaction
  • Customer Retention
  • Employee Engagement
  • Reliability
  • Responsiveness

Investment

START UP COSTS
BUILDINGS / REAL ESTATE AMOUNT PAYMENT METHOD
Lease and Security Deposits $5,000 – $10,000 Determined by Lessor
Construction Modifications $5,000 – $10,000 Determined by Lessor
Utility Deposts $4,000 – $6,000 Determined by Lessor
Insurance (Annual) $2,500 – $5,000 As Incurred
INITIAL FRANCHISE FEES AMOUNT PAYMENT METHOD
Franchise Fee $50,000.00 Pre-Payment
Business / Legal fees $800 – $1,000 As Incurred
Travel and livining expenses for pre-training $2,500 – $5,000 As Incurred
EQUIPMENT / SUPPLY COSTS AMOUNT PAYMENT METHOD
Laundry Package (Laundry equip./Install/Chemicals/ Linen Carts)
$5,500.00 Pre-Payment
Warehouse Package (Shelving, Linen, Supplies) $12,000.00 Pre-Payment
Computer Hardware (Laptops, Phone, Printer, etc.) $5,000.00 Pre-Payment
Office Supplies $1,000 – $1,500 As Incurred
Uniforms $500 – $1,000 As Incurred
MARKETING AMOUNT PAYMENT METHOD
Printed Material (Brochures, Business Cards, Vehicle Graphic)
$1,500.00 As Incurred
Press Release / Internet (Google/Yelp/Angie’s List) $2,000.00 As Incurred
OTHER CAPITOL AMOUNT PAYMENT METHOD
Liquid Capital $35,000.00 N/A
ANNUAL OPERATIONAL COSTS AMOUNT PAYMENT METHOD
Technology Fee 1.5% of Gross As Incurred
Franchise Fee 3-5% of Gross As Incurred
Marketing Fee 1% of Gross As Incurred
Worker’s Compensation
Varies based on state / employee #
As Incurred
Auto Insurance
Varies based on state / employee #
As Incurred
Customer Care / Support Center 2.5% of Gross As Incurred
TOTAL AMOUNT
$133,300 – $151,000

Next Steps

  1. Complete our Application for Consideration Form
  2. Accept invitation for a phone consultation with the Property Sense Management Team
  3. Schedule a Site Visit with our Property Management Team
  4. Review and Sign Franchise Agreement
  5. Join the Property Sense Team!