Quarters Real Estate Services

What Quarters Real Estate Services does

Quarters Real Estate Services is a residential-focused real estate firm headquartered in Winston-Salem, North Carolina, operating since 2009 and serving property owners, tenants, and prospective buyers and sellers across the Piedmont Triad region. The company operates three integrated service lines: property management for individual residential rental owners, real estate brokerage for buyers and sellers, and HOA management for community associations including Cedar Cove, Salem Square, Holmes Creek, and Polo Downs.

The underlying technology stack is built on AppFolio Property Manager as the core operational system for tenant screening, lease administration, owner accounting, and maintenance workflows. The firm extends owner and tenant access through dedicated mobile applications on iOS and Android, and participates in the Triad MLS and Winston-Salem Regional MLS for listing distribution.

The business model combines three revenue streams. Property management is offered on a flat-fee basis with a separate tenant procurement fee, aligning pricing with landlord cost predictability. Brokerage revenue comes from commissions on individual home purchase and sale transactions. HOA management is delivered under recurring management contracts with community associations. Pricing signals—flat-fee management, per-tenant placement fees, and transaction commissions—are standard for the small-firm residential management segment. Geographic scope remains concentrated in the Piedmont Triad, and the firm has expanded modestly through a 2015 merger with Integrity Property Leasing rather than through external capital.

Name

Quarters Real Estate Services

Legal name

Quarters Real Estate Services, LLC

Website

https://quartersres.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Quarters Real Estate Services is a Winston-Salem-based firm offering residential property management, real estate brokerage, and HOA management services to owners, tenants, and community associations across the Piedmont Triad region of North Carolina.

Ownership category

akta.pro rank

Product category

Real Estate Property Management

NAICS

Offices of Real Estate Agents and Brokers (53121), Rental and Leasing Services (532)

SIC

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

akta.pro primary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

akta.pro secondary industry

Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)

Keywords

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

Headquarters

HQ city

Winston Salem

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Management - Flat Monthly Fee: Quarters Real Estate Services operates as a flat fee management company, charging a flat rate each month a unit is occupied. Rates vary depending on property type, volume of properties, and types of services provided. This is the primary recurring revenue stream for property management services.
2. Leasing/Tenant Procurement Fees: One-time tenant procurement fee equal to half month's rent (½ month). This fee covers the cost of finding and placing qualified tenants including advertising, application evaluation, and lease processing.
3. Eviction Administrative Fees: Administrative fees charged for summary ejectment (eviction) proceedings. These fees are charged to the tenant but follow NC legal process for collection. Additional costs of evictions are the responsibility of the property owner.
4. HOA Management Services: Management services provided to Homeowner Associations on yearly or multiple year contract basis. Services include fee collection, trust account management, coordination of HOA-approved services, and financial reporting.
5. Real Estate Brokerage - Sales Commission: Real estate sales services helping buyers and sellers achieve their real estate goals. Full-service brokerage including transaction processing, property inspection coordination, and sales negotiations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Quarters Real Estate Services is a full-service real estate firm in Winston-Salem, NC offering property management for single-family and multi-family rental properties, residential real estate brokerage for buyers and sellers, and HOA management for community associations. The firm connects individual investors, tenants, buyers, sellers, and HOAs through personal service combined with technology-driven online portals powered by the AppFolio Property Manager platform.

Product overview

Quarters Real Estate Services operates a multi-service real estate platform serving the Winston-Salem/Triad region of North Carolina. The core offering consists of three integrated service lines: Property Management Services (leasing and management for single-family and multi-family properties), Real Estate Brokerage Services (residential sales and purchases), and HOA Management (community association services). These services are delivered through three complementary online portals: Tenant Portal, Owner Portal, and HOA Portal, which provide 24/7 access for rent payments, maintenance requests, financial reporting, and communications. The company, founded in 2009, also facilitates residential rentals and real estate sales through listing search tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services

Quantifiable outcome

• Repair requests addressed within 24 hours of receipt
• +3 more outcomes

Named customers7 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

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Winston-Salem Regional Association of RealtorscoreStrategic or Co-development PartnerQuarters Real Estate Services is a member of the Winston-Salem Regional Association of Realtors and its Property Management Division. The company uses the Winston-Salem Regional Association of Realtors Multiple Listing Service for advertising rental listings. This membership provides access to MLS data, professional resources, and industry networking opportunities in the regional real estate market.
• National Association of RealtorscoreStrategic or Co-development PartnerQuarters Real Estate Services is a member of the National Association of Realtors. Team member Dan Olson holds membership and maintains professional designations including Short Sale & Foreclosure Resource (SFR) and Broker Price Opinion Resource (BPOR) through NAR.
• North Carolina Association of REALTORScoreStrategic or Co-development PartnerQuarters Real Estate Services is a member of the North Carolina Association of REALTORS. Team member Dan Olson holds membership. The company uses NC Association of Realtors approved leases for all rental transactions.
• AppFolio Property ManagercoreTechnology or IntegrationAppFolio Property Manager is the technology platform powering Quarters Real Estate Services' property and HOA management operations. This includes tenant portal, owner portal, HOA portal, online rent payment processing, maintenance request submission, financial reporting, and mobile apps for iOS and Android. The partnership provides the core technology infrastructure for all client-facing services.
• Triad Multiple Listing ServicecoreTechnology or IntegrationTeam member Dan Olson maintains membership in the Triad Multiple Listing Service, providing access to property listing data across the Triad region including Winston-Salem, Greensboro, and surrounding areas for real estate transactions.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Compass: National technology-forward residential brokerage expanding into secondary NC markets. Overlaps with Quarters on the brokerage side as a tech-enabled competitor.
• Redfin: National tech-enabled brokerage with growing presence across North Carolina. Competes with Quarters' brokerage arm for seller listings and buyer representation, though it does not offer local property management.

Emerging players

• Avail (by Realtor.com): Software platform for landlords to self-manage rentals, including tenant screening and rent collection. Represents a partial substitute for Quarters' flat-fee property management service.
• Hemlane: Tech-enabled residential property management platform serving independent landlords. Competes with Quarters' core property management service for small investor clients seeking software-driven management.

Others

• Invitation Homes: Large institutional single-family rental owner/operator. Represents the institutional side of the SFR market that Quarters' individual investor clients may either sell into or compete against for tenants.
• AppFolio: Provider of the property management SaaS platform that powers Quarters' portals and operations. Ecosystem partner and underlying technology supplier rather than a competitor.

Direct peers

• Allen Tate Realtors: Largest independent residential brokerage in the Carolinas, with deep Triad region presence. Competes with Quarters for the same buyer/seller and investor clients across brokerage and property management services.
• Berkshire Hathaway HomeServices Carolinas Realty: National franchise brokerage operating across the Triad region of North Carolina. Overlaps directly with Quarters on residential sales, leasing, and investment property representation.
• Coldwell Banker Advantage: Regional residential brokerage with offices throughout the Triad. Directly competes for the same Winston-Salem buyer, seller, and rental clients.
• Keller Williams Realty (Triad): Large franchise brokerage operating in Winston-Salem, Greensboro, and High Point. Competes for the same residential brokerage and leasing pipeline that Quarters services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/quarter-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Quarters Real Estate Services