CRES Property Management

What CRES Property Management does

CRES Property Management, LLC is a privately held, Ohio-based residential property management and brokerage firm founded in 1982 and owned by Tom Jones since 2000. The company serves individual investors, homeowners, and landlords in the Cincinnati, Dayton, and Northern Kentucky metropolitan areas, managing an inventory that includes single-family homes, townhouses, condos, and apartments, with a secondary international-owner segment spanning owners from 23+ countries. Its operating footprint is concentrated in eight named sub-markets within the Greater Cincinnati MSA, and current website inventory shows five actively listed rental units.

The company operates a tiered service model: Lease Only (8.3% of annual lease) for tenant placement, Full Service (9.4% of monthly rents collected) for end-to-end management including rent collection, maintenance coordination, tenant screening, financial reporting, and 24/7 emergency response, and Full Service Plus (11.2%) which adds eviction protection, malicious damage coverage, guaranteed rent, and a $1M general liability policy through third-party partners. The technology stack is built on RentManager for the tenant portal and owner dashboard, with digital lease signing and listing syndication to 25+ rental platforms including Zillow, Apartments.com, Facebook Marketplace, Realtor.com, and Google. Tenant screening incorporates third-party data services (Cross Check for synthetic ID detection, AmRent for bank-statement income verification) and compliance with Patriot Act/FACTA Red Flags requirements.

Revenue is generated primarily through percentage-based, recurring management fees on monthly rents collected, with secondary transaction-fee revenue from tenant placements. Go-to-market is sales-led and direct-to-consumer: property owners engage via website inquiry forms requesting free rental analysis, while tenants are acquired through self-serve listings on the company website and syndicated channels. The team comprises 10 professionals including a licensed broker, senior accountant, service manager, tenant concierge, and business development specialist. The company holds Equal Housing Opportunity and Realtor MLS credentials, and offers a 120-day satisfaction guarantee. No external funding, M&A activity, or AI/ML capabilities are disclosed.

Name

CRES Property Management

Legal name

Cres Property Management, LLC

Website

https://cresproperties.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

CRES Property Management is a Cincinnati-based residential property management and brokerage firm, founded in 1982, serving individual landlords and investors across the Cincinnati, Dayton, and Northern Kentucky markets with tiered full-service and tenant-placement offerings on a percentage-of-rent fee model.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Lease Administration & Tenant Services (BPAJAFAL)

Keywords

• Residential property management
• Rental management services
• Tenant screening services
• Real estate brokerage
• Rent collection services

Headquarters

HQ city

Milford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Property Management Fees: Percentage-based fees charged to property owners for full-service property management including rent collection, maintenance coordination, tenant screening, financial reporting, and 24/7 emergency response. Three pricing tiers available: Lease Only (8.3% annual lease), Full Service (9.4% monthly rent), Full Service Plus (11.2% monthly rent with eviction and damage protection).
2. Rental Listings - Tenant Fees: Revenue from rental transactions through management of residential properties including single-family homes, townhouses, condos, and apartments. Property owners pay management fees while tenants pay monthly rent.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

CRES Property Management provides full-service residential property management for property owners and landlords in the Cincinnati, Dayton, and Northern Kentucky areas. The company handles the entire rental lifecycle including marketing, tenant screening, lease execution, rent collection, maintenance coordination, 24/7 emergency response, and financial reporting for single-family homes, townhouses, condos, and apartments. Services are offered under three tiered pricing plans: Lease Only placement (8.3% of annual lease), Full Service (9.4% of monthly rents), and Full Service Plus (11.2% with landlord protection add-ons).

Product overview

CRES Property Management offers a full-service property management platform with tiered pricing plans for property owners in Cincinnati and Northern Kentucky. The core offering is Full Service Property Management (9.4% of monthly rents) covering rent collection, maintenance coordination, tenant screening, and owner reporting. The Full Service Plus plan (11.2%) adds guaranteed rent, eviction protection, and $1M liability coverage through third-party partners. Lease Only Placement (8.3% of annual lease) provides tenant acquisition without ongoing management. The company also offers specialized sub-products including tenant screening using Cross Check synthetic ID verification and AmRent bank statement analysis, 24/7 emergency maintenance response, detailed financial reporting with owner portal access, and a 120-Day Satisfaction Guarantee. Their property portfolio spans single-family homes, townhouses, condos, and apartments across Cincinnati and Dayton areas.

Differentiator

Problem solved

Functional benefit

Products and services

• Full Service Property Management
• Full Service Plus Property Management
• Lease Only Placement
• 120 Day Satisfaction Guarantee
• Real Estate Brokerage and Home Valuation

Quantifiable outcome

• 21-day average lease time vs 45 days for self-managed properties
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Real Property Management (RPM): National franchise of residential property management firms serving individual investors and landlords in local markets. Directly comparable business model to Cres, providing full-service residential PM including tenant screening, rent collection, and maintenance for a percentage of monthly rent.
• Evernest: Tech-enabled residential property management company serving SMB and mid-market landlords across multiple U.S. metros. Comparable offering: full-service management with owner dashboard, tenant placement, and tiered pricing — competing with Cres for similar customer profiles in single-family and small multifamily.
• Mynd: Tech-enabled residential property management firm serving small and mid-size landlords with a vertically integrated platform and owner portal. Overlapping customer base (5-500 door owners) and service scope (tenant placement, rent collection, maintenance, financial reporting).
• All County Premier Property Management: Franchised residential property management company serving local markets across the U.S. with full-service offerings including tenant screening, leasing, and rent collection. Comparable SMB landlord customer profile and tiered fee model.
• Keyrenter Property Management: Franchise residential property management company offering full-service management to individual investors and landlords in local U.S. markets. Directly comparable service suite and customer profile to Cres.
• Renters Warehouse: Residential property management company serving individual investors with full-service offerings including rent collection, maintenance, and tenant placement. Comparable in target customer (SMB landlords) and pricing model (percentage of monthly rent).

Regional players

• Green Residential: Residential property management company serving landlords in the Houston/Dallas markets with full-service offerings. Similar business model and customer profile to Cres but operates in a different geographic region.
• Cincinnati Property Solutions: Cincinnati-area residential property management firm serving local landlords and investors with full-service offerings. Directly comparable in geography (Greater Cincinnati/Northern Kentucky) and customer profile (SMB residential property owners).

Emerging players

• TurboTenant: Self-serve property management software platform for SMB landlords and small property managers. Overlapping customer base (small investors) but competes more on software/automation than full-service management like Cres.

Others

• Buildium: Property management software platform widely used by SMB residential property managers and landlords. Comparable in underlying technology (rent collection, tenant portal, owner reporting) but serves as enabling infrastructure rather than competing full-service PM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cres-property-management-llc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CRES Property Management