Westminster Property Management
Westminster Property Management provides residential property management services.
- Company typePrivate
- Founded-
- HeadquartersWestminster, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Westminster Property Management does
Westminster Property Management is a property management firm. They offer property management, property maintenance, and property rental services. They provide services including rental management, tenant management, building maintenance, property sales, and marketing.
Westminster Property Management firmographics
Firmographics- Name
- Westminster Property Management
- Legal name
- Westminster Property Management
- Website
- https://westminsterpropertymanagement.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Westminster Property Management provides residential property management services.
- Ownership category
- akta.pro rank
Westminster Property Management industry classification
Industry- Product category
- Residential Property Management
- NAICS
- Residential Property Managers (531311), Services to Buildings and Dwellings (5617)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Residential Maintenance & Turnover Services (Make-Ready, Inspections) (BPAJAFAM)
- akta.pro secondary industry
- Multifamily (Apartment) Property Management (BPAJAGAD)
Keywords
Where Westminster Property Management is headquartered
LocationHeadquarters
- HQ city
- Westminster
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Westminster Property Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property Management Fees: 8% flat rate fee on rental income for ongoing property management services including tenant management, rent collection, and routine oversight.
- Tenant Placement Services: $750 flat rate for securing new tenants, covering all activities to prepare a property for a new tenant.
- Maintenance Services: Internal maintenance team providing repairs at flat hourly rates with no mark-up on materials or subcontractors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | 8% Flat Rate Management Fee |
| Unit Pricing | Pay-as-you-go | $750 Tenant Placement Fee |
| Unit Pricing | Pay-as-you-go | Maintenance Services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Westminster Property Management product offering
Product offeringCore offering
Westminster Property Management provides full-service residential property management exclusively in Westminster, Maryland, including tenant placement, rent collection, and 24/7 in-house maintenance. The company charges an 8% flat rate on rental income for ongoing management and a $750 flat rate per tenant placement, with in-house repairs performed at flat hourly rates and no mark-up on materials or subcontractors. An owner's online portal provides real-time visibility into payments, repair orders, and property details.
Product overview
Westminster Property Management is a family-owned, full-service property management company serving the Westminster, Maryland area. The company offers a unified property management platform consisting of core services including tenant placement, rent collection, 24/7 in-house maintenance, and an owner's online portal for real-time access to property financials and activities. The product portfolio is built around a flat-rate pricing model (8% management fee plus $750 tenant placement fee) and emphasizes transparent, no-surprise pricing with in-house handling of repairs. The company primarily serves residential property owners seeking hands-on management of their rental properties.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Management Services Full-service residential property management for property owners in Westminster, Maryland, including tenant management, rent collection, property maintenance oversight, and financial reporting, billed at an 8% flat rate on rental income with no supervisory, holding, or lease renewal fees.
- Tenant Placement Services One-time service to prepare a residential property for a new tenant and secure that tenant, charged at a flat $750 rate covering all preparation activities regardless of effort.
- 24/7 Repair and Maintenance Services Round-the-clock repair and maintenance for managed residential properties, delivered by an in-house maintenance team at flat hourly rates with no mark-up on materials or subcontractors.
- Residential Rental Property Listings Online listing portal for available residential rentals in Westminster, Maryland, supported by the Realtyna WPL plugin and featuring QR codes, Google Maps integration, and detailed property information for prospective tenants.
Companies that use Westminster Property Management
Customer profileSegments1 record
Ideal customer profiles1 record
Westminster Property Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature2 records
Westminster Property Management partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights2 records
Westminster Property Management competitors and assessment
Company assessmentRegional players
- Bay Property Management Group: Regional residential property management firm serving Maryland and the Mid-Atlantic. Comparable to Westminster PM in offering full-service residential management with tenant placement and maintenance, but with materially larger scale and broader geography.
- Cardinal Property Management: Mid-Atlantic residential property management company operating across multiple Maryland submarkets. Directly comparable business model (full-service residential, recurring management fees, tenant placement) but with broader geographic reach than Westminster PM's single-city focus.
Broad incumbents
- Real Property Management Affiliates: Franchised national residential property management network with local franchisees operating across the U.S. Comparable service offering (tenant placement, recurring management fees, maintenance coordination), but franchise model differs from Westminster PM's independent family-owned structure.
- FirstService Residential: Largest residential property manager in North America, operating across thousands of communities. Serves the same end-customers (residential owners/HOAs) and offers overlapping management services, but at materially larger scale and with broader service lines than Westminster PM.
- Greystar Real Estate Partners: Global leader in rental housing property management with significant Mid-Atlantic presence. Overlaps with Westminster PM on residential rental management but operates multifamily communities at institutional scale rather than small-town single-family rentals.
- Bozzuto Group: Mid-Atlantic-focused residential real estate firm with property management, development, and homebuilding operations. Overlaps with Westminster PM on residential rental management in the Maryland region but operates at much larger scale and across multifamily communities.
Others
- Rentec Direct: Property management software platform that Westminster PM already uses for its owner portal. Comparable as the technology backbone enabling small PM firms; not a direct competitor on services but enables self-service models that compete with Westminster PM's hands-on positioning.
Emerging players
- Doorstead: Tech-enabled residential property management startup offering guaranteed-rent and full-service management in select U.S. markets. Competes for the same residential owners but with a different (algorithmic, asset-light) model that could pressure Westminster PM's pricing in adjacent metros.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Westminster Property Management social profiles
Digital presenceWestminster Property Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Westminster Property Management leadership team
Management profileNumber of profiles
Profiles1 record
Westminster Property Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Westminster Property Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Westminster Property Management
What does Westminster Property Management do?
Westminster Property Management provides full-service residential property management exclusively in Westminster, Maryland, including tenant placement, rent collection, and 24/7 in-house maintenance. The company charges an 8% flat rate on rental income for ongoing management and a $750 flat rate per tenant placement, with in-house repairs performed at flat hourly rates and no mark-up on materials or subcontractors. An owner's online portal provides real-time visibility into payments, repair orders, and property details.
Is Westminster Property Management a public or private company?
Westminster Property Management is a private company. It is classified as family owned and is currently operating.
When was Westminster Property Management founded?
Westminster Property Management was founded in -1. It employs 11 to 50 people.
Where is Westminster Property Management based?
Westminster Property Management is headquartered in Westminster, United States, in the North America region.
How does Westminster Property Management make money?
Three revenue lines are on record. Property Management Fees are the primary driver. The others are tenant Placement Services and maintenance Services.
Who are Westminster Property Management's main competitors?
Regional players on record are Bay Property Management Group and Cardinal Property Management. Broad incumbents are Real Property Management Affiliates, FirstService Residential, Greystar Real Estate Partners and Bozzuto Group. Rentec Direct is listed as an others. Doorstead is listed as an emerging player.
Does Westminster Property Management have an API?
No public API is recorded for Westminster Property Management.
What industry is Westminster Property Management in?
Westminster Property Management's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAFAM, Residential Maintenance & Turnover Services (Make-Ready, Inspections), with a secondary code of BPAJAGAD, Multifamily (Apartment) Property Management. Its NAICS code is 531311 and its SIC code is 6531.