Solutions Real Estate

What Solutions Real Estate does

Solutions Real Estate Texas, operated by Absolut Partners, INC. (a Texas-licensed real estate broker), is a full-service residential real estate brokerage and property management firm serving the Dallas-Fort Worth Metroplex and Austin, Texas areas. The company has been operating rental property management for over 28 years and offers tenant relations, lease administration, rent collection, property maintenance coordination, monthly drive-by inspections, financial reporting, 24x7 message center hotline, legal compliance, and eviction filing services for property owners. It also provides residential home buying and selling services through licensed agents. Its technology backbone is the AppFolio Property Manager SaaS platform, which powers an online Owner Portal (financial statements, documents, payment options) and a Tenant Portal (rent payment, maintenance requests) accessible via web and native iOS/Android applications, plus a Referral Program that pays real estate agents for client introductions.

The company monetizes through three primary streams: recurring property management fees (typically a percentage of rental income) charged to property owners, transaction-based real estate sales commissions from home buying/selling, and referral fees ($200 per property management owner referral, $50 per tenant referral) plus leasing fees. Ancillary income includes rental application fees ($95 per adult applicant at most properties, $60 per person over 18 at some) and tenant security/pet deposits. Distribution is direct-sales led through two regional offices — Frisco for DFW and Jonestown for Austin — supplemented by an operational office in Farmers Branch, with self-service online portals handling ongoing tenant interactions and owner reporting.

Customer segments are primarily residential property owners seeking management services and residential renters searching for housing, with secondary segments including home buyers/sellers and real estate agents/brokers sourcing referrals. The firm holds memberships in the Texas Association of Realtors, National Association of Realtors, and the National Association of Residential Property Managers (NARPM). The named team is small — five professionals led by principal broker Bill Lanfer (Texas license 1323593), with Jason Brown and Paul Lanfer in property management, Katharyn Azzarello in Austin, and Larry Hatzfeld as sales agent — consistent with a closely-held, family-style operation.

Name

Solutions Real Estate

Legal name

Absolut Partners, INC.

Website

https://solutionsrealestatetexas.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Solutions Real Estate Texas (Absolut Partners, INC.) is a privately held, 28+ year Texas residential real estate brokerage and property management firm serving the Dallas-Fort Worth and Austin metros via two regional offices, an AppFolio-powered tenant/owner portal stack, and a small team of licensed agents.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Offices of Real Estate Agents and Brokers (5312)

SIC

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

akta.pro primary industry

Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)

Keywords

• Residential property management
• Real estate brokerage
• Rental property services
• Tenant placement services
• Home buying and selling

Headquarters

HQ city

Frisco

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Comprehensive property management services including tenant relations, lease administration, financial services, maintenance coordination, rent collection, inspections, and eviction filing. Revenue generated through management fees charged to property owners.
2. Real Estate Sales Commission: Commission-based revenue from buying and selling homes in Dallas and Austin areas through licensed real estate agents.
3. Referral Fees: $200 per property management owner referral that generates an agreement; $50 per tenant referral; leasing fees of co-broker commission or $150 minimum
4. Rental Application Fees: Application fees charged to prospective tenants, including $95 application fee per adult applicant and $60 application fee per person over 18 years for some properties
5. Security Deposits and Pet Fees: Security deposits (typically equal to one month's rent), non-refundable pet fees, and additional pet deposits collected from tenants

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Solutions Real Estate Texas provides full-service residential property management—including tenant placement, rent collection, maintenance coordination, and owner reporting—for single-family and small residential rental owners in the Dallas–Fort Worth and Austin, Texas metros. It also operates as a licensed real estate brokerage offering representation to home buyers and sellers in the same regions.

Product overview

Solutions Real Estate Texas operates as a single integrated property management and real estate services platform serving the Dallas and Austin metro areas. The core offering consists of Property Management Services, which runs on the AppFolio-powered Owner Portal and Tenant Portal, supplemented by Home Sales services and a Referral Program that monetizes lead referrals to other real estate agents. The Property Management Services module encompasses tenant relations, lease administration, rent collection, maintenance coordination, inspections, and legal compliance. The Tenant Portal provides a white-labeled AppFolio mobile and web app for rent payment and maintenance requests, while the Owner Portal delivers financial reporting and document management. Rental Property Listings serve as the marketplace interface for available units, and the Referral Program extends the platform to partner agents.

Differentiator

Problem solved

Functional benefit

Products and services

• Full-Service Residential Property Management

Quantifiable outcome

• Monthly drive-by inspections of properties
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• AppFoliocoreTechnology or IntegrationAppFolio Property Manager platform powers the company's property management operations, providing the technology infrastructure for online tenant/owner portals, rent collection, maintenance request management, and financial reporting. The company uses AppFolio's tenant portal app available on iOS and Android.
• Texas Association of RealtorsminorOthersProfessional real estate industry association membership demonstrating adherence to Texas real estate standards and professional practices.
• National Association of RealtorsminorOthersNational professional real estate association membership providing industry credibility and standards compliance.
• National Association of Residential Property ManagersminorOthersIndustry-specific association membership for residential property management professionals, demonstrating specialized expertise in property management.

Scale indicators3 records

Recent moves1 record

Expansion highlights4 records

Broad incumbents

• Compass: Compass is a large national residential real estate brokerage with significant presence in major Texas metros including Austin and Dallas. Comparable as a brokerage competitor targeting the same home buyer/seller segment in Solutions' core geographies.
• Greystar Real Estate Partners: Greystar is the largest residential property management and rental housing operator in the world, managing multifamily and single-family rentals across the U.S. Comparable as a residential property management incumbent that small local PM firms like Solutions compete against for landlord mandates in Texas.
• FirstService Residential: FirstService Residential is a large North American residential property management firm serving HOA, condo, and rental portfolios. Comparable to Solutions because both compete in residential property management services, although FirstService operates at much greater scale and broader scope.
• Coldwell Banker Realty: Coldwell Banker Realty is a national residential real estate brokerage brand with offices throughout Texas. Comparable as an incumbent brokerage competitor in the same DFW and Austin markets where Solutions operates.
• Berkshire Hathaway HomeServices: Berkshire Hathaway HomeServices is a national residential real estate brokerage franchise with strong Texas coverage. Comparable as an incumbent brokerage competitor for buyer/seller representation in Dallas and Austin.

Others

• AppFolio: AppFolio is the SaaS property management platform that powers Solutions' owner portal, tenant portal, rent collection, and maintenance workflows. Comparable as the core technology provider/infrastructure on which Solutions and many competing PM firms operate.

Direct peers

• Real Property Management: Real Property Management is a North America-wide franchise network of residential property managers offering full-service landlord services very similar to Solutions' PM offering. Comparable because both run franchise/local-operator-style residential property management with comparable service scope and recurring fee revenue.
• RPM Living: RPM Living is a Dallas-based, Texas-rooted residential property management and brokerage firm serving owners across DFW, Austin, Houston, and other Texas metros. Closely comparable to Solutions Real Estate Texas in combining property management with brokerage services for residential clients in the same markets.

Emerging players

• eXp Realty: eXp Realty is a cloud-based, agent-centric residential brokerage with substantial Texas agent count. Comparable as a brokerage peer competing for agents and listings in the same Texas metros, with a technology-forward operating model.

Regional players

• Mark Spain Real Estate: Mark Spain Real Estate is a Southeast- and Texas-focused residential brokerage serving Atlanta, Charlotte, Raleigh, Nashville, and Dallas-Fort Worth. Comparable as a regional residential brokerage competing for the same buyer/seller segment in DFW, with similar agent-led service model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/gotorealestate

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 Solutions Real Estate