PMI Profit Realty
Property Management Inc. (PMI) is the largest property management franchisor globally, operating 400+ franchise offices across the U.S. delivering full-service residential, multifamily, commercial, association, and short-term rental management to property owners and investors, monetized through franchise royalties, acquisition fees, and referral programs.
- Company typePrivate
- Founded2008
- HeadquartersSan Antonio, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What PMI Profit Realty does
Property Management Inc. (PMI), the parent brand of PMI Profit Realty, is the largest property management franchisor in the world, operating 400+ independently owned and operated franchise offices across the United States. Founded in 2008 by Steve Hart in Lehi, Utah, PMI delivers full-service property management across five pillars — residential, multifamily, commercial, association (HOA), and short-term rental — plus realty/brokerage and an in-house M&A acquisitions platform that assists franchisees in buying and selling property management businesses.
The technology stack is centered on Rentvine, a cloud-based property management platform used for listing syndication to Zillow, Trulia, and PMI's own network, and WanderOS, which powers the recently launched PMI Global Stays online travel agency for direct short-term rental bookings. PMI layers its proprietary Ready-Select-Protect-Renew four-step management process on top of this stack, along with differentiated service guarantees — owner payments by the 10th business day or the management month free, and up to $2,000 in eviction protection for PMI-placed tenants. The franchise system manages over $5 billion in residential assets under management, 50,000+ association properties nationwide, and approximately 20,000 property transitions per year for association clients.
PMI's revenue model is built on franchise economics: corporate earns initial franchise fees and ongoing royalties on franchisee management-fee revenue, supplemented by acquisition/M&A fees from the PMI Acquisitions platform, referral commissions through a nationwide agent program, and partner revenue from a National Partner Program (Kiavi, Enterprise Bank & Trust, CINC Capital, Rentvine, LeadSimple). Franchisees, in turn, monetize five customer segments — individual landlords and small-scale portfolio investors, mid-market multifamily syndicators, commercial real estate investors, homeowner associations, and short-term rental property owners — through recurring percentage-of-rent management fees. The model is asset-light, geographically distributed, and dependent on continued franchise unit growth, average revenue per office, and the cross-sell of multi-pillar services into existing franchise books of business.
PMI Profit Realty firmographics
Firmographics- Name
- PMI Profit Realty
- Legal name
- Property Management Inc.
- Website
- https://propertymanagementinc.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Property Management Inc. (PMI) is the largest property management franchisor globally, operating 400+ franchise offices across the U.S. delivering full-service residential, multifamily, commercial, association, and short-term rental management to property owners and investors, monetized through franchise royalties, acquisition fees, and referral programs.
- Ownership category
- akta.pro rank
PMI Profit Realty industry classification
Industry- Product category
- Property Management Services
- NAICS
- Real Estate Property Managers (53131), Residential Property Managers (531311), Nonresidential Property Managers (531312)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Multifamily (Apartment) Property Management (BPAJAGAD)
- akta.pro secondary industry
- Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)
Keywords
Where PMI Profit Realty is headquartered
LocationHeadquarters
- HQ city
- San Antonio
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PMI Profit Realty business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property Management Fees: PMI franchisees charge property owners ongoing management fees for residential, commercial, association, multifamily, and short-term rental properties. Fees typically structured as a percentage of monthly rent collected or a flat fee per unit.
- Franchise Fees: Revenue to PMI corporate from franchisee onboarding, initial franchise fees, and ongoing royalty payments based on franchisee revenue.
- Realty/Real Estate Services: PMI franchisees provide buy-side and sell-side real estate services through licensed agents, earning commissions on transactions.
- Acquisition/Buy-Sell Services: PMI's mergers and acquisitions team assists with buying and selling property management businesses, earning fees on transactions facilitated through the PMI Acquisitions platform.
- Agent Referral Program: PMI pays referral fees/bonuses to real estate agents and brokers who refer clients needing property management services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Management fees are set per franchise agreement |
Go-to-market motion3 records
Distribution channels1 record
Marketing channels10 records
PMI Profit Realty product offering
Product offeringCore offering
Property Management Inc. (PMI) operates a franchise-based property management platform offering full-service management across five pillars: residential, multifamily, commercial, association (HOA), and short-term rentals. Each franchise office delivers end-to-end services including marketing, tenant screening, rent collection, maintenance coordination, and financial reporting to property owners in its local market. PMI corporate supports franchisees with brand, systems, training, technology (Rentvine, WanderOS), a national partner program, and an acquisitions team, while also enabling realty/buy-sell services through licensed agents.
Product overview
Property Management Inc. (PMI) operates a franchise-based property management platform offering five core service pillars: residential, multifamily, commercial, association (HOA), and short-term rental management. The platform is supplemented by realty services, financial calculators (ROI, Rent vs. Sell, Vacancy Loss), acquisition services for buying/selling property management businesses, a national partner program, and agent referral programs. PMI's franchise model provides independently owned offices with branded systems, technology, and training. The core services include tenant screening, rent collection with on-time guarantee, maintenance coordination, and eviction protection as integrated modules within the property management offering.
Differentiator
Problem solved
Functional benefit
Brands
- PMI Global Stays: PMI's own online travel agency for short-term rental properties, powered by WanderOS technology platform.
- Global Stays
Products and services
- Residential Property Management
- Multifamily Property Management
- Commercial Property Management
- Association Management
- Short-Term Rental Management
- Realty Services
- PMI Acquisitions
Quantifiable outcome
- Over $5 billion in assets under management across the residential portfolio
- +5 more outcomes
Companies that use PMI Profit Realty
Customer profileNamed customers3 records
Segments6 records
Ideal customer profiles6 records
PMI Profit Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature7 records
PMI Profit Realty partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, supporting and minor.
- Wander / WanderOScorePMI partnered with WanderOS to equip franchise partners with tools for direct bookings, improved marketing performance, and enhanced guest experience in the short-term rental segment. WanderOS has powered over $75 million in bookings across 5,000+ properties and 600+ property managers. The platform combines conversion-optimized direct booking websites with automated guest marketing and will serve as the foundation for PMI Global Stays, PMI's own online travel agency.
- BlanketcorePMI partnered with Blanket, the first-of-its-kind agentic Owner Experience Platform, to redefine property management as 'performance management.' Blanket uses AI to help property managers reduce owner churn, unlock revenue opportunities, and deliver data-driven client experiences. Blanket was named NARPM's 2025 Affiliate of the Year and supports over $30 billion in Assets Under Management on its platform.
- XploriesupportingPMI partnered with Xplorie, the nation's leading provider of free-to-guest activity programs, to deliver premier local experiences to travelers staying at PMI-managed short-term rentals. Xplorie connects travelers with local attractions, adventures, and cultural events. Trusted by more than 170 lodging providers representing 24,000 rental units in 70+ destinations.
- BeHome247supportingPMI selected BeHome247 as its preferred partner for short-term rental management, providing access to automated workflows for housekeeping, property automation, and operational management for STR operators.
- GuestysupportingPMI announced an exclusive partnership with Guesty, a premier property management software designed for vacation rental managers, to elevate the global standard for short-term rental operations.
- sojominorPMI partnered with sojo, a leading provider of amenity and restocking solutions for short-term rental operators, to support franchisees with streamlined delivery of amenities and property restocking.
- CredHubsupportingPMI partnered with CredHub to bring credit-building options to PMI franchise business owners and their residents, enabling residents to build credit through rental payment reporting.
- RentvinecorePMI selected Rentvine as its comprehensive property management software, transitioning to the platform as PMI continues to experience explosive growth. Rentvine is used for listing syndication to Zillow, Trulia, and other rental websites.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
PMI Profit Realty competitors and assessment
Company assessmentDirect peers
- Vacasa: Largest U.S. vacation rental management company with direct booking technology. Directly comparable to PMI's short-term rental pillar and PMI Global Stays OTA strategy.
- Evolve Vacation Rental: National short-term rental property manager with a tech-enabled, lower-fee model. Competes with PMI's STR franchise pillar for property owners considering full-service vs. hybrid management.
- KW Property Management & Consulting: Large-scale HOA and condominium property manager serving Florida and the Southeast U.S. Closely comparable to PMI's association management pillar in scope and customer type.
Emerging players
- Buildium: Property management software platform for residential managers, owned by RealPage. Comparable to PMI's Rentvine integration as a tech stack alternative for franchisees.
- AppFolio: Cloud-based property management software platform serving residential and commercial managers. Competes indirectly with PMI by enabling owners to self-manage or use lower-cost operators.
Broad incumbents
- Cushman & Wakefield: Global commercial real estate services firm offering property management, brokerage, and asset management. Overlaps with PMI's commercial property management and realty services.
- Greystar Real Estate Partners: The largest multifamily property manager and operator in the U.S., managing over 800,000 units. Competes with PMI's multifamily pillar and is a benchmark for institutional-scale property management.
- JLL (Jones Lang LaSalle): Global real estate services firm with a large property and asset management practice. Competes with PMI's commercial and multifamily service lines at the institutional level.
- FirstService Residential: Largest residential property manager in North America, focused heavily on HOA and condominium management. Directly comparable to PMI's association management pillar.
- Asset Living: Large third-party multifamily property manager operating across the U.S. with 250,000+ units. Overlaps with PMI's multifamily and commercial service offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
PMI Profit Realty social profiles
Digital presencePMI Profit Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
PMI Profit Realty leadership team
Management profileNumber of profiles
Profiles12 records
PMI Profit Realty subsidiaries and ownership
Company hierarchySubsidiaries3 records
PMI Profit Realty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PMI Profit Realty 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 PMI Profit Realty
What does PMI Profit Realty do?
Property Management Inc. (PMI) operates a franchise-based property management platform offering full-service management across five pillars: residential, multifamily, commercial, association (HOA), and short-term rentals. Each franchise office delivers end-to-end services including marketing, tenant screening, rent collection, maintenance coordination, and financial reporting to property owners in its local market. PMI corporate supports franchisees with brand, systems, training, technology (Rentvine, WanderOS), a national partner program, and an acquisitions team, while also enabling realty/buy-sell services through licensed agents.
Is PMI Profit Realty a public or private company?
PMI Profit Realty is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PMI Profit Realty founded?
PMI Profit Realty was founded in 2008. It employs 1 to 10 people.
Where is PMI Profit Realty based?
PMI Profit Realty is headquartered in San Antonio, United States, in the North America region.
How does PMI Profit Realty make money?
Five revenue lines are on record. Property Management Fees are the primary driver. The others are franchise Fees, realty/Real Estate Services, acquisition/Buy-Sell Services and agent Referral Program.
Who are PMI Profit Realty's main competitors?
Direct peers on record are Vacasa, Evolve Vacation Rental and KW Property Management & Consulting. Emerging players are Buildium and AppFolio. Broad incumbents are Cushman & Wakefield, Greystar Real Estate Partners, JLL (Jones Lang LaSalle), FirstService Residential and Asset Living.
Does PMI Profit Realty have an API?
No public API is recorded for PMI Profit Realty.
What industry is PMI Profit Realty in?
PMI Profit Realty's product category is Property Management Services. Its primary akta.pro industry code is BPAJAGAD, Multifamily (Apartment) Property Management, with a secondary code of BPAJAAAE, Residential Investment Property Brokerage (SFR/Small Multifamily). Its NAICS code is 53131 and its SIC code is 6531.