PMI Profit Realty

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.

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

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 industry

PRIMARYBPAJAGAD

Multifamily (Apartment) Property Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Property Management

SECONDARYBPAJAAAE

Residential Investment Property Brokerage (SFR/Small Multifamily)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Real Estate Brokerage

Keywords

• Residential property management
• Commercial property management
• Association management services
• Short-term rental management
• Franchise property management

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. Franchise Fees: Revenue to PMI corporate from franchisee onboarding, initial franchise fees, and ongoing royalty payments based on franchisee revenue.
3. Realty/Real Estate Services: PMI franchisees provide buy-side and sell-side real estate services through licensed agents, earning commissions on transactions.
4. 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.
5. Agent Referral Program: PMI pays referral fees/bonuses to real estate agents and brokers who refer clients needing property management services.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels10 records

Core 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

Named customers3 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core, supporting and minor.

• Wander / WanderOScoreTechnology or Integration · 15 June 2026PMI 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.
• BlanketcoreTechnology or Integration · 21 May 2026PMI 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.
• XploriesupportingGTM or Marketing Partner · 8 December 2025PMI 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.
• BeHome247supportingTechnology or IntegrationPMI 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.
• GuestysupportingTechnology or IntegrationPMI 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.
• sojominorOthersPMI 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.
• CredHubsupportingGTM or Marketing PartnerPMI 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.
• RentvinecoreTechnology or IntegrationPMI 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

Direct 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

• Xx.com/pmicorp
• YouTubeyoutube.com/@pmicorp
• Facebookfacebook.com/PMICorporate
• LinkedInlinkedin.com/company/gray-matter-metrics
• Instagraminstagram.com/pmicorporate
• TikToktiktok.com/@pmicorporate
• Pinterestpinterest.com/propertymgmtinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 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 PMI Profit Realty