Corder & Company

What Corder & Company does

Corder & Company (legal entity: Corder and Company, LLC.) is a privately held, founder-owned property management and real estate firm headquartered in Rio Rancho, New Mexico, founded in 1988 by Jack Corder after his tenure at Coldwell Banker Commercial Real Estate Services. The firm serves the Albuquerque metropolitan area, including Rio Rancho, the West Side, Downtown, North Valley, NE Heights, SW Mesa, and Mesa Del Sol, operating as a full-service property management company for residential rental properties and homeowners/condominium associations, alongside buyer/seller real estate representation and an agent referral program.

The core service portfolio comprises residential property management (tenant screening, rent collection, maintenance coordination, financial reporting), HOA/COA association management (board meeting coordination, covenant enforcement, vendor services, budgets, financial reporting, corporate filing), residential and commercial real estate sales, and rental listing/tenant placement. The firm manages 25+ named HOA associations (e.g., Anasazi, Greystone Ridge, Chamisa Greens, Seven Bar North, Las Colinas Del Norte, 600 8th Street Condominiums). Service delivery runs on the AppFolio property management SaaS platform, which provides tenant and owner portals for online rent payment and maintenance request submission, supplemented by CINCWebAxis for HOA portals and a third-party maintenance request system (managebuilding.com). No proprietary technology, AI/ML capabilities, patents, or integrations beyond these standard third-party tools are present.

Revenue is generated primarily through recurring percentage-of-rent management fees (10% of base rent monthly), transactional leasing commissions (15% of the first month's rent), one-time setup/renewal fees ($250 setup, $400 maintenance reserve, $100 lease renewal), and subscription HOA management contracts. Customer segments are SMB property owners and investors (primary), HOA/condominium associations, residential tenants, and real estate buyers/sellers. GTM motion is sales-led and relationship-driven, supported by an SEO-optimized website, a content blog, organic social media presence, NARPM (Albuquerque Metro Chapter) involvement, and a formal agent referral program that funnels clients from regional brokerages. The firm employs 1-10 people and has no disclosed funding, M&A, or institutional ownership.

Name

Corder & Company

Legal name

Corder and Company, LLC.

Website

https://corderandcompany.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

Corder & Company is a privately held, founder-owned property management and real estate firm in Rio Rancho, New Mexico, providing residential property management, HOA/association management, tenant placement, and real estate sales services to SMB property owners, investors, and 25+ HOA associations across the Albuquerque metro area.

Ownership category

akta.pro rank

Product category

Property Management Services

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Condominium Association Management (BPAJAHAA)

Keywords

• Residential property management
• HOA management services
• Rental property services
• Real estate brokerage
• Tenant placement services

Headquarters

HQ city

Rio Rancho

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Monthly Property Management Fees: The company charges 10% of base rent collected monthly as management fees. This is their primary recurring revenue stream from property owners.
2. Leasing Commissions: 15% of base rent paid from the first month's rent when placing a new tenant.
3. Setup and Renewal Fees: One-time fees including $250 setup fee, $400 maintenance reserve, and $100 flat lease renewal fee.
4. HOA Management Services: Full-service HOA/Association management including annual meetings, financial reporting, budget preparation, vendor services, covenant enforcement, and corporate filing services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Corder & Company is a full-service property management and real estate firm operating in the Albuquerque and Rio Rancho, New Mexico metro area. The company manages residential rental properties (tenant screening, rent collection, maintenance, financial reporting) and HOA/condominium associations (board meetings, covenant enforcement, financial management), and provides buyer/seller real estate representation for residential and commercial transactions.

Product overview

Corder & Company is a full-service property management and real estate company serving the Albuquerque and Rio Rancho, New Mexico areas. The company offers a unified portfolio of services centered on residential property management (including tenant screening, rent collection, maintenance coordination, and financial reporting) and HOA/association management (covering board meetings, covenant enforcement, and vendor services). Supporting these core offerings are real estate sales services for both residential and commercial properties, as well as an agent referral program. The company operates primarily through property management software platforms and online resident/owner portals for service delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Property Management
• Association (HOA/COA) Management Comprehensive management of homeowners associations and condominium owners associations, including board meeting coordination, financial reporting, budget preparation, vendor services, covenant enforcement, and corporate filing services.
• Rental Listings and Tenant Placement Marketing of available rental properties, tenant application processing, and lease execution services for prospective renters in the Albuquerque and Rio Rancho areas.
• Real Estate Sales - Residential Buyer representation and seller representation services for residential real estate transactions in the Albuquerque and Rio Rancho areas.
• Real Estate Sales - Commercial Commercial property sales and listing services for properties in the Albuquerque metropolitan area.
• Agent Referral Program Referral service connecting real estate agents with property management services for their clients, allowing agents to focus on sales while clients receive professional property management.

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Lincoln Property Company: National residential and commercial property management company with extensive third-party management services. Overlaps with Corder & Company in residential property management but operates at much larger scale across multiple regions.
• Greystar Real Estate Partners: Largest multifamily and student housing property manager in the world. While much larger and focused on institutional assets, Greystar represents the scale ceiling that regional residential managers like Corder & Company may face as they expand.
• FPI Management: National residential property manager specializing in apartment communities and HOA portfolios. Comparable service mix (residential + HOA) but operates at institutional scale.

Regional players

• KW Property Management & Consulting: Regional property manager focused on Florida condominium and HOA associations. Comparable to Corder & Company's HOA management business model but operates in a different geography.
• Berkshire Hathaway HomeServices New Mexico Properties: Regional real estate brokerage operating in the same Albuquerque metro market. Competes with Corder & Company's real estate sales arm and overlaps in agent referral relationships.

Direct peers

• Real Property Management: National franchise system of residential property managers serving single-family and small multifamily landlords. Comparable to Corder & Company in serving owner-investors of 1-50 door residential portfolios with subscription-based management fees.

Others

• AppFolio: Property management software platform that Corder & Company itself uses. Adjacent enabler — provides the operational backbone for thousands of similar small-to-mid residential property managers across the U.S.

Emerging players

• RPM Living: Multi-state residential property manager built through roll-up acquisitions. Directly relevant as a roll-up acquirer archetype that could consolidate regional managers like Corder & Company.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• Facebookfacebook.com/corderandcompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Corder & Company