Neighborly Archives | Franchise Dictionary Magazine

23 04, 2024

Molly Maid® Offers the Perfect Mother’s Day Present: A Sparkling Clean Home

Paul Zboichyk2024-04-23T23:49:46-04:00April 23rd, 2024|Tags: Molly Maid, nation's leading residential cleaning franchise, Neighborly, residential cleaning|

Leading Residential Cleaning Company Offers Chance to Sweep Mom Off Her Feet with $500 Gift Certificate

WACO, Texas — Molly Maid®, a Neighborly® company, and the leading residential cleaning franchise is giving moms a chance to win the gift they truly deserve this Mother’s Day: a day of relaxation in a freshly cleaned home. For the 10^th consecutive year, Molly Maid is hosting its annual “Mother’s Day Clean Home Giveaway” where moms across the nation have the chance to win a free cleaning service from participating locally owned and operated Molly Maid franchises.

Starting today, Monday, April 22, 2024, participants nationwide can enter the “Mother’s Day Clean Home Giveaway” for the chance to win their loved one a $500 Molly Maid gift certificate. To enter, participants can visit the official entry page and submit their name for the chance to be randomly selected.

Submissions will be accepted through May 12, 2024, at 11:59 p.m. CT. Five winners will be chosen at random, each to be awarded a $500 gift certificate redeemable at any participating Molly Maid franchise location for any offered cleaning services.

“Mothers are the unsung heroes of our daily lives,” said Marla Mock, President of Molly Maid. “Our Mother’s Day Clean Home Giveaway is a token of appreciation for all they do and allows their loved ones to gift them something priceless – time to relax.”

Enjoy the luxury of a consistently fresh and clean home with professional cleanings by Molly Maid and keep your living space neat in the meantime with their expert advice. Below are some tips to help you achieve a pro-level clean:

Create a Routine: Amidst the hustle and bustle of daily life, a structured cleaning schedule can prevent your home from being overlooked. Dedicate 30 minutes before work, after work, and before bedtime to tackle cleaning chores.
Always Dust First, Vacuum Last: Dusting first and vacuuming last helps ensure you round up all the settled dust. The dust particles in the air after dusting can also irritate allergies. Vacuuming after dusting keeps the risk of allergies to a minimum.
Clean One Room at a Time: Cleaning the whole house can be daunting. Tackle one room at a time, giving yourself a quick break after each accomplished task. This will break down a large undertaking into small, achievable goals.
Use a Microfiber Cloth: Microfiber cloths are one of Molly Maid’s favorite cleaning tools because of their efficiency in picking up dust. A damp microfiber cloth rarely leaves behind any dust or lint.
Remember to Sanitize: Sanitizing is often overlooked in the cleaning process. Frequently touched surfaces, such as doorknobs, toilets, and kitchen counters, should be sanitized twice a week as they harbor the most germs.

To learn more about the Mother’s Day Clean Home Giveaway, please visit their contest page.

Give the gift of time and a spotless home year-round. Molly Maid gift certificates are available for purchase at www.mollymaid.com/gift-certificates.

About Molly Maid®
Molly Maid® is a residential cleaning franchise with more than 400 franchise locations that collectively perform more than 1.7 million U.S. home cleanings annually. Franchising since 1984, and acquired in 2015, Molly Maid® is part of Neighborly®, the world’s largest home services company with more than 30 brands and 5,500 franchises in six countries that have collectively served 14 million+ customers by repairing, maintaining, and enhancing their homes and businesses. Through Neighborly.com and the Neighborly mobile app, we connect consumers to local service providers that meet rigorous franchisor standards across 19 service categories. Molly Maid® established the Ms. Molly Foundation in 1996 to raise awareness and support for victims of domestic violence. Neighborly brands are found at www.neighborly.com or on the Neighborly App. For more information about Molly Maid, visit www.mollymaid.com. To learn about franchising opportunities with Neighborly, visit franchise.neighborly.com.

9 04, 2024

Neighborly® Expands Across the Dallas and Oklahoma City Markets, Offering Opportunities for Aspiring Entrepreneurs to Join Our Established Hub for Home Services

Paul Zboichyk2024-04-09T23:23:03-04:00April 9th, 2024|Tags: home based franchise, home services franchisor, Neighborly, Neighbourly, owner operated franchise opportunity, residential and commercial clients|

World’s largest franchisor of home service brands has territories available for more than 100 locations in Dallas, Oklahoma City and surrounding areas, to award at least 30 new franchises by June 13, 2024

WACO, Texas — Neighborly^®, the world’s largest home services company, today revealed its plans to expand its presence in the Dallas and Oklahoma City markets. With a commitment to fostering entrepreneurship, Neighborly is offering aspiring business owners in the area opportunities across 16 of its 19 established brands.

The growth initiative also includes the introduction of LawnPride® franchise availability in Dallas, Oklahoma City and surrounding areas, further solidifying Neighborly’s position as the premier hub for home services in the region. With this addition, the region will now boast a total of 19 Neighborly brands dedicated to serving their local communities’ home service needs.

Dallas, with its commitment to fiscal responsibility reflected in one of the lowest property tax rates in the state, provides an ideal environment for franchise expansion, supported by Dallas County’s efforts to boost small business opportunities. Similarly, Oklahoma City’s remarkable growth and reputation as a livable city offer entrepreneurs fertile ground to thrive and make a meaningful impact in their communities.

“As the world’s largest home services company, Neighborly is dedicated to empowering entrepreneurs and driving economic growth in communities we serve,” said Brad Stevenson, Chief Development Officer at Neighborly. “Because the markets we’re strategically targeting boast a business-friendly environment, low cost of living and a skilled workforce, prospective small business owners are set up with unparalleled opportunities for success with Neighborly across a wide range of established brands in a recession-resilient industry.”

Neighborly’s expansion efforts in Dallas, Oklahoma City and surrounding areas represent a significant step toward enhancing the local economy while meeting the increasing demand for home services in the region. By introducing more than 100 available opportunities including LawnPride® franchise availability, Neighborly aims to cater to the evolving needs of local residents, offering high-quality home services backed by trusted brands and the Neighborly Done Right Promise™.

In seeking out potential franchise owners to drive its growth initiatives with a goal of awarding at least 30 new franchises by June 13, 2024, Neighborly is looking for motivated candidates dedicated to team leadership, mentorship and ultimately cultivating a significant presence within the communities they serve by following Neighborly’s established franchise model.

Neighborly franchise brands’ initial investments range from $70,800 to $652,980, depending on the specific Neighborly brand, see item 7 of the current FDD for full details, with incentive programs available for U.S. military veterans. Interested prospects can find out more information here. To learn more about owning a Neighborly franchise, visit www.neighborlybrands.com.

About Neighborly®
Neighborly® is the world’s largest home services company with more than 30 brands and 5,500 franchises collectively serving 12 million+ customers in six countries, focused on repairing, maintaining, and enhancing homes and businesses. Through Neighborly.com and the Neighborly mobile app, Neighborly connects consumers to local service providers that meet rigorous franchisor standards across 19 service categories. More information about Neighborly®, and its franchise concepts, is available at Neighborlybrands.com. To learn about franchising opportunities with Neighborly®, click here.

19 02, 2024

Neighborly® Surpasses $4 Billion in Systemwide Sales Amid 2023 Filled with Historic Private Equity Activity

Paul Zboichyk2024-02-19T18:07:50-05:00February 19th, 2024|Tags: home based franchise, home services franchisor, Neighborly, Neighbourly, owner operated franchise opportunity, residential and commercial clients|

The company experienced significant achievements last year, highlighted by a multitude of territory acquisitions from leading private equity firms, and foreshadowing more growth in 2024 across its brands.

WACO, Texas — Neighborly^®, the world’s largest home services company, announced today during this year’s annual International Franchise Association (“IFA”) convention that it officially surpassed $4 billion in systemwide sales and 5,500 franchises globally in 2023, a milestone year during which the company’s continued success garnered an unparalleled wave of private equity investments across the global franchisor’s flagship brands.

“The substantial private equity investments we’ve attracted across our flagship brands is a major achievement that reinforces the market’s confidence in our strategic vision and highlights Neighborly and our brands as a valuable investment,” said Jon Shell, interim Chief Executive Officer of Neighborly.

The record-breaking year brought notable investments from multiple private equity sponsors:

In May of 2023, Eagle Merchant Partners announced its investment in Impact Home Services, an independent owner and operator of three franchises within Neighborly, serving Metro Atlanta and broader Georgia. Impact operates franchises for leading brands Mr. Rooter® Plumbing, Mr. Electric® and Precision Garage Door Service™.
August of 2023 saw the transformative sale of Trades Holding Company, LLC, a leading Ohio-based franchise of Mr. Rooter Plumbing and Mr. Electric, to CPC, a private holding company.
October of 2023 brought a groundbreaking partnership between Franchise Equity Partners (FEP) and the management of Reliable Residential HoldCo, the largest franchise owner-operator within Neighborly.
In November of 2023, Sydnic, LLC, a leading franchise owner of Precision Garage Door Service™, announced its acquisition by SBJ Capital, a private investment firm based in the San Francisco Bay Area, showcasing the strength and appeal of the Neighborly brands.
Most recently, Highland Arms Enterprises took on a strategic growth investment from Main Post Partners, a leading private equity investment firm. Together, they plan to invest further into additional Precision Garage Door Service franchise locations and additional Neighborly brands.

“These transactions combined represent investments of more than $400 million by leading private equity sponsors are a testament to the growth potential in the residential services market, and the strength of the Neighborly brands and the entire Neighborly system,” added Shell. “Each one of them is looking to further penetrate existing markets, invest in new markets, and add additional Neighborly service brands across our diverse portfolio of 19 service verticals.”

Among the many factors that positioned Neighborly as so attractive to investors, the company accomplished another year of strong same-store sales growth and exceeded its franchise development targets selling a record-breaking 468 franchises globally in 2023. As Neighborly looks ahead, the existing strategy remains the roadmap, with a commitment to expanding the footprints of its service brands and driving awareness to strengthen its presence in key markets.

Other 2023 noteworthy developments include:

Launched version 2.0 of the Neighborly App aimed at providing customers with a frictionless experience beyond big search platforms by making it easier to find and schedule services specific to their needs, creating more cross-branding opportunities, and driving more leads.
Strengthened ties with the Veteran community by engaging existing Veteran Neighborly owners at a local level and establishing partnerships with organizations like the Service Academy Career Conference (SACC) and ZeroMils.
Received recognition for Neighborly and its franchise brands in top industry rankings, highlighted by 18 Neighborly brands included in the Entrepreneur Franchise 500 rankings, six brands ranked #1 in their category, and 14 brands recognized for offering incentives and other programs to help veterans become franchisees. Click here to view additional awards highlights.
Accelerated adoption of new recruiting and retention platforms, partnerships, and tools for franchise owners.
A brand refresh for Window Genie® capturing the robust service offering, including residential and commercial window cleaning, window tinting, pressure washing, gutter cleaning, and holiday lighting.

“Last year was also an extremely difficult and emotional time for so many of us with the sudden passing of our CEO, Mike Bidwell, in September,” added Shell. “Mike would have been extremely proud to see how this organization rallied together to achieve such great things. We miss Mike more than words can express and we will continue to carry his vision for Neighborly forward.”

For more information about Neighborly’s service brands, visit www.neighborlybrands.com.

About Neighborly®

Neighborly® is the world’s largest home services company with more than 30 brands and 5,500 franchises in six countries that have collectively served 14 million+ customers by repairing, maintaining, and enhancing their homes and businesses. Through Neighborly.com and the Neighborly mobile app, we connect consumers to local service providers that meet rigorous franchisor standards across 19 service categories. More information about Neighborly, and its franchise concepts, is available at Neighborlybrands.com. To learn about franchising opportunities with Neighborly, click here.

28 09, 2023

In Memory of Mike Bidwell, President & CEO of Neighborly

Tatyana Stemkovski2023-09-28T15:44:35-04:00September 28th, 2023|Tags: Mike Bidwell, Neighborly|

The franchise industry has been shaken by the unexpected passing of Mike Bidwell, the 65-year-old guiding force behind the Neighborly franchise group. Beyond his title of president and CEO, Bidwell was a pillar of innovation and mentorship. By Rose Mango

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15 08, 2023

Molly Maid® Launches 2nd Annual Contest to Find the Nation’s Messiest Kids and Pets

Tatyana Stemkovski2023-08-15T16:57:38-04:00August 15th, 2023|Tags: gift of time, Molly Maid, nation's leading residential cleaning franchise, Neighborly, residential cleaning|

Leading Residential Cleaning Company Invites Moms and Dads of Children or Pets Chance to Win $500 Gift Card in National Contest Kicking off August 15^th.

WACO, Texas — Molly Maid®, a Neighborly® company, and the leading residential cleaning franchise, is excited to announce the launch of its second annual contest aimed at finding the nation’s messiest kids and pets. As a company that understands the challenges parents face in maintaining a clean home with little ones and furry companions around, Molly Maid® offers a fun opportunity for parents across the nation to win a $500 Molly Maid® gift card for submitting photos of a housecleaning disaster caused by their little ones or pets.

Molly Maid’s “Messiest Kids & Pets” contest will select five lucky winners to receive a Molly Maid® gift certificate, redeemable for home cleaning services at their local Molly Maid branch. Starting August 15,^, participants can visit the official entry page and submit their names and photos for the drawing. The contest will run until August 31,^,2023, at 11:59 p.m. CT.

“Children and pets bring endless joy, love, and messes to our lives, and there is still no deeper bond than that between a parent and their child or pet. But dealing with the chaos can be overwhelming,” said Marla Mock, president of Molly Maid®, a Neighborly® company. “This national contest is our way of giving parents a chance to take a load off, enjoy their clean space and spend precious time with their children and pets.”

To learn more about the Messiest Kids & Pets contest, please visit mollymaid.com on the initiative.

For those looking to give the special person in their life some time off and a spotless home any time of the year, Molly Maid gift certificates are available for purchase at https://www.mollymaid.com/gift-certificates/.

About Molly Maid®

Molly Maid® is a residential cleaning franchise who’s independently owned and operated franchises collectively clean more than 1.7 million U.S. homes annually. Franchising since 1984, there are more than 475 Molly Maid units operating in the United States. Acquired in 2015, Molly Maid is part of Neighborly®, the world’s largest home services franchisor of 26 service brands including Neighborly umbrella service brand and 5,000 franchise owners serving 10 million+ customers in nine countries, focused on repairing, maintaining, and enhancing homes and businesses. Molly Maid established the Ms. Molly Foundation in 1996 to raise awareness and support for victims of domestic violence. Neighborly brands are found at www.neighborly.com or on the Neighborly App. For more information about Molly Maid, visit www.mollymaid.com. To learn about franchising opportunities with Neighborly, visit franchise.neighborly.com.

13 07, 2023

Junk King Debuts Dumpster Bags: The Ultimate Convenience in Junk Removal

Tatyana Stemkovski2023-07-13T16:43:29-04:00July 13th, 2023|Tags: home based franchise, home services franchisor, Junk King, junk removal service, Neighborly, Neighbourly, owner operated franchise opportunity, residential and commercial clients|

Neighborly-Backed Franchisor Introduces Innovative, Sustainable Way to Simplify Junk Removal Nationwide.

SAN FRANCISCO — Junk King, the nation’s most eco-friendly junk removal service, has officially announced the nationwide launch of the JK Dumpster Bag, an innovative solution designed to revolutionize junk removal. With a focus on convenience, sustainability and cost-effectiveness, Junk King’s JK Dumpster Bags presents individuals and businesses alike with a simple option for eliminating unwanted junk and reclaiming valuable space.

Featuring an impressive capacity of three cubic yards, Junk King’s Dumpster Bags can accommodate up to a remarkable 3,000 pounds of junk and clutter. Designed with convenience and affordability in mind, the bags are compact, easy to set up, and readily available for immediate use. Homeowners and businesses in need of flexibility can fill the bag at their leisure and easily schedule a hassle-free pickup, streamlining the junk removal process for any project without the need for excessive equipment.

“We are thrilled to introduce the JK Dumpster Bag, as they offer a professional and efficient solution for customers, especially those who need to tackle smaller projects. We understand that not every job requires a large dumpster, and our JK Dumpster Bag provides the perfect balance of ease and affordability,” said Lisa Merry, Brand President of Junk King. “This is a great addition to our range of services and a testament to our commitment to delivering innovative solutions to our valued customers.”

The launch of the JK Dumpster Bag represents a significant milestone for Junk King, solidifying their dedication to customer satisfaction and environmental responsibility. Priced at $27.99, these bags are both cost-effective for customers and provide Junk King franchise owners an additional revenue stream to support their bottom line. As part of Neighborly, the world’s largest home services company, Junk King is well positioned to leverage the JK Dumpster Bag rollout nationwide.

In addition to the company’s professionalism, eco-friendly recycling and award-winning customer service, businesses and residents alike choose Junk King because of the brand’s state-of-the-art technology systems that allow customers to schedule a pick-up in real time. With the online booking system all it takes is a few clicks and within a matter of minutes Junk King can be scheduled and the job can be completed.

For more information about Junk King and the JK Dumpster Bag services, please visit https://www.junk-king.com/services/jk-dumpster-bag.

About Junk King

Founded in 2005, Junk King was started by two friends in a two-car garage in San Carlos, California. In 2010, the company began expansion efforts through franchising. Today, Junk King is part of Neighborly, the world’s largest home services company, and is the second largest junk removal company in North America with more than 170 locations and nearly 600-plus trucks on the road. Junk King saves consumers time and money by eliminating unwanted clutter quickly and efficiently as well as being best known for its professionalism, advanced technology programs and commitment to recycling, repurposing and reusing materials.

For more information about Junk King, please visit www.junk-king.com/. To inquire about franchise opportunities, visit www.junk-king.com/franchising/.

5 05, 2023

Real Property Management Shares Top Tips for Navigating the College Rental Market

Tatyana Stemkovski2023-05-05T10:21:43-04:00May 5th, 2023|Tags: Neighborly, property management franchise, Real Property Management, rental homeowners|

Nation’s Leading Property Management Franchise Company Offers Expert Insight on College Rentals.

DALLAS — Real Property Management, a Neighborly^® company, the nation’s leading full-service property management franchise brand, understands the rental process can be daunting for college students. To make the process easier, their experts have compiled a list of essential tips to make the college rental experience more seamless.

Before starting the rental property search, it is crucial to address some of the responsibilities that come with rentals as ignoring basic upkeep tasks could cost renters their security deposits and result in potential damage to the unit. Common rental responsibilities can include replacing light bulbs and detector batteries, changing the AC filter, making sure not to flush anything down the toilet except toilet paper (you will want to own a toilet plunger, too!), using an inexpensive hair catcher over every bathtub drain, avoiding carpet spills that may lead to staining, and taking out the trash.

“Finding your first rental property is an exciting milestone, but it also comes with great responsibility,” said Stacy Brown, Director of Technical Training at Real Property Management. “For first-time renters, enthusiasm can lead to making quick decisions that can result in a potentially bad renting experience.”

Below are key pointers to consider in your search to find the right place for your needs and budget:

Start Early: Begin your search for a rental property at least six months before the start of the academic year. This will give you ample time to explore different options, compare prices, and negotiate a lease.
Set a Budget: Determine how much you can afford to spend on rent each month, and factor in additional expenses like utilities, parking fees, and transportation costs.
Consider Location: Choose a rental property that is located near campus or on a convenient transportation route. This will make it easier to attend classes and social events.
Check Amenities: Look for rental properties that offer amenities such as laundry facilities, fitness centers, and Wi-Fi. These features can help make your college experience more enjoyable.
Read the Lease Carefully: Before signing a lease, make sure you read and understand all the terms and conditions. Pay close attention to details such as the move-in date, rent due date, and any penalties for breaking the lease.
Consider Roommates: Living with roommates can help you save money on rent and other expenses. However, make sure you choose roommates who are responsible, reliable, and compatible with your lifestyle.
Ask for References: Before signing a lease or renting, ask the landlord or property manager for references from current or previous tenants. This can help you get a better idea of what it’s like to live in a rental property.

Real Property Management provides full-service leasing, move-in, and move-out property inspections, property maintenance, management of tenant requests and emergencies, advertising and marketing, tenant screening, accounting, rent collection, legal evictions, and online reporting portals.

To learn more about Real Property Management and its services, visit www.realpropertymgt.com.

About Real Property Management:

Real Property Management, a Neighborly^® company, is the largest property management franchise in North America, with more than 30 years of industry expertise providing full-service residential property management for thousands of investors and rental homeowners from more than 400 independently owned and operated locations worldwide. Acquired in 2018, Real Property Management is part of Neighborly®, the world’s largest home services company with more than 30 brands and 5,000 franchises collectively serving 12 million+ customers in six countries, focused on repairing, maintaining and enhancing homes and businesses. Neighborly® brands are found at Neighborly.com. For more information about Real Property Management, visit RealPropertyMgt.com.

24 04, 2023

Molly Maid® Celebrates Mother’s Day with The Gift of a Clean Home

Tatyana Stemkovski2023-04-24T10:25:21-04:00April 24th, 2023|Tags: gift of time, Molly Maid, nation's leading residential cleaning franchise, Neighborly, residential cleaning|

Leading Residential Cleaning Company Offers Chance to Win $500 Gift Card for Mom.

WACO, Texas — Molly Maid®, a Neighborly® company, and the leading residential cleaning franchise, is offering children of all ages the opportunity to show their mothers just how much they mean to them by gifting their mom what every mother dreams of for Mother’s Day: a day of relaxation in a freshly cleaned home. For the ninth consecutive year, Molly Maid is hosting their annual “Mother’s Day Clean Home Giveaway” where moms across the nation have the chance to win a free cleaning service from participating Molly Maid franchises.

Now through Sunday, May 14, 2023, people nationwide can enter the “Mother’s Day Clean Home Giveaway” for the chance to win a $500 Molly Maid gift certificate. To enter the giveaway, participants can visit the official entry page on Molly Maid’s Facebook page and submit their names for the chance to be randomly selected. Submissions will be accepted through May 14, 2023, at 11:59 p.m. CT. Five winners will be chosen randomly, each to receive a $500 gift certificate redeemable at any participating Molly Maid franchise location for any offered services.

“All mothers deserve endless appreciation for the things they do each and every day to keep their families in order,” said Marla Mock, President of Molly Maid. “Our Mother’s Day Clean Home Giveaway is just one way to show our appreciation to mothers everywhere because every once and a while, mothers need to rest and allow someone else to do the work.”

Enjoy a consistently fresh and clean home with professional Molly Maid cleanings, and maintain a tidy living space in between with their expert tips. Here are some pro tips to help you clean like a pro:

Always Dust First, Vacuum Last: Dusting first and vacuuming last ensures you round up all the settled dust. The dust particles in the air after dusting can also irritate allergies. Vacuuming after dusting keeps the risk of allergies to a minimum.
Clean One Room at a Time: Cleaning the whole house can be daunting. Tackle one room at a time, giving yourself a quick break after each accomplished task. This will break down a large undertaking into small, achievable goals.
Use a Microfiber Cloth: Microfiber cloths are one of Molly Maid’s favorite cleaning tools because of their efficiency in picking up dust. A damp microfiber cloth rarely leaves behind any dust or lint.
Apply Cleaner to All Surfaces First: Cleaning products take at least 30 seconds to kill bacteria completely. letting chemical products sit on problem areas for a few minutes will start to break down the grime before you get to it.
Clean in a Pattern: The Molly Maid way is left to right, top to bottom. Cleaning in a precise, methodical way ensures you never miss a spot!

To learn more about the Clean Home for Mother’s Day Giveaway, please visit mollymaid.com on the initiative.

To provide that special mom in your life with some time off and a spotless home any time of the year, Molly Maid gift certificates are available for purchase at www.mollymaid.com/gift-certificates.

About Molly Maid®

Molly Maid® is a residential cleaning franchise whose independently owned and operated franchises collectively clean more than 1.7 million U.S. homes annually. Franchising since 1984, there are more than 475 Molly Maid units operating in the United States. Acquired in 2015, Molly Maid is part of Neighborly®, the world’s largest home services franchisor of 26 service brands including Neighborly umbrella service brand and 5,000 franchise owners serving 10 million+ customers in nine countries, focused on repairing, maintaining, and enhancing homes and businesses. Molly Maid established the Ms. Molly Foundation in 1996 to raise awareness and support for victims of domestic violence. Neighborly brands are found at www.neighborly.com or on the Neighborly App. For more information about Molly Maid, visit www.mollymaid.com. To learn about franchising opportunities with Neighborly, visit franchise.neighborly.com.

29 03, 2023

Americans are “plugged in” to EVs in 2023, says Mr. Electric survey

Tatyana Stemkovski2023-03-29T13:06:40-04:00March 29th, 2023|Tags: electrical installation and repair company, home services company, Mr. Electric, Neighborly, residential and commercial customers|

Mr. Electric^®, a Neighborly^® company, leads the charge with comprehensive installation services for homes and businesses.

WACO, Texas — Twenty percent of U.S. homeowners are likely to upgrade or purchase electric vehicles in 2023, according to data from Mr. Electric^®, a Neighborly^® company, which delivers comprehensive electrical services for homes and businesses throughout North America. These results come from a Mr. Electric consumer survey, conducted in February 2023, to gauge consumer sentiment around common electric services, including Electrical Vehicle (EV) charging stations.

When it comes to ease of use, 63% of respondents would most prefer to charge their vehicle at home. Shockingly, only 15% of those surveyed said their workplace provides EV charging stations. While businesses work to meet the needs of EV-owning employees, residential installation is more important than ever.

Recharging your home

Although more than half (53%) of surveyed U.S. homeowners would be likely to install a home charging station after purchasing an electric vehicle (with 26% saying they’d be very likely), 79% do not feel confident about installing one themselves. Mr. Electric aims to guide these homeowners by providing insight into necessary electric vehicle supply equipment (EVSE) and expert installation.

“EVs continue to gain popularity and charging station installations are becoming more in-demand than ever,” said Joel Worthington, president of Mr. Electric. “At Mr. Electric, we’re working hard to address the need for the safe installation of EV chargers by providing expert installation and consultation in addition to comprehensive electrical services in homes and businesses.”

The survey also asked about other ways homeowners can amp up their homes in 2023:

Surge protection – only 14% of U.S. homeowners surveyed have whole-home protection. Power surges can compromise any plugged-in device and whole-home protection helps eliminate risk.
Electrical panels – 44% of homeowners surveyed say that the most appealing benefit of upgrading electrical panels is energy efficiency/cost savings.
Backup generators – In the event of a power outage, home generators help you to stay safe and comfortable until power is restored. Only 23% of surveyed U.S. homeowners currently have a backup generator.
Carbon monoxide detectors – 80% of U.S. homeowners surveyed agree that it’s important to have carbon monoxide detectors in their homes.

“A lot of homeowners don’t realize how important it is to update your electrical panel every 10 years,” said Worthington. “Forty-four percent say the biggest benefit of electrical panel upgrades is energy efficiency/cost savings as an old panel may be draining the system. Among other concerns such as outages, incidents and fires, it’s essential for homeowners to get their panels inspected regularly.”

To learn more about how American’s are plugged into EVs and other survey responses, visit this Mr. Electric blog.

Survey Methodology

This survey was conducted online within the United States by Censuswide on behalf of Mr. Electric, a Neighborly company from February 10-13, 2023, among 2,018 U.S. adults. For more information, please contact Rebecca Sefter at rsefter@gscommunications.com

About Mr. Electric, a Neighborly company

Mr. Electric^®, a Neighborly^® company, is the leading electrical installation and repair company known for its consistent, superior service in the United States and Canada. Mr. Electric^® franchisees provide electrical services to residential and commercial customers at more than 200 locations worldwide. Established in 1994, Mr. Electric^® is part of Neighborly^®, the world’s largest home services company with more than 30 brands and 5,000 franchises collectively serving 12 million+ customers in six countries, focused on repairing, maintaining and enhancing homes and businesses. Neighborly^® brands are found at Neighborly.com and through the Neighborly App. For more information about Mr. Electric^®, visit MrElectric.com.

About Neighborly

Neighborly^® is the world’s largest home services company with more than 30 brands and 5,000 franchises collectively serving 12 million+ customers in six countries, focused on repairing, maintaining, and enhancing homes and businesses. Through Neighborly.com and the Neighborly mobile app, Neighborly connects consumers to local service providers that meet rigorous franchisor standards across 18 service categories. More information about Neighborly^®, and its franchise concepts, is available at Neighborlybrands.com.

6 12, 2022

Leading Nationwide Property Management Company Launches Property Investment Tool

Tatyana Stemkovski2022-12-06T13:41:18-05:00December 6th, 2022|Tags: Neighborly, property management franchise, Real Property Management, rental homeowners|

Investors can view potential long-term asset wealth generation with new property management tool.

DALLAS — For intentional property investors, the right property management company can take the guesswork out of generating the best return on investment (ROI). Real Property Management, a Neighborly company, has been offering residential property management services throughout North America for more than 30 years, and recently launched the Wealth Optimizer Tool designed to support property investors looking to optimize their rental property’s ROI.

Smart property investors use a variety of metrics to analyze real estate investments. These metrics allow for comparing and tracking performance, but with the metrics, there is a balance of understanding real-world variables. Real Property Management’s Wealth Optimizer Tool is available to anyone and can help investors determine if a property is a good investment. The free property investment tool provides expert data on a rental property’s performance, future capital expenses, helps them analyze the potential of a future purchase and can help analyze the potential of a future purchase.

“Our franchise owners have been offering this type of hands-on assistance for analyzing the potential of a rental property for single and multi-property owners for the past five years. We wanted to build an online, user-friendly calculator that allowed rental-property investors to make their own custom adjustments on parameters,” said Jeff Pepperney, president of Real Property Management. “With access to advanced reporting in this tool, our streamlined processes and one-on-one intel help investors analyze current and future properties to maximize their rental income while minimizing expenses and inefficiencies.”

The interactive report pulls available data on property valuation based on users’ specified investment parameters. The tool allows users to view revenue, expenses, equity changes, cap rate, cash flow, gross yield, annualized return, and cash-on-cash return, in addition to some advanced reporting features. A key feature of the Wealth Optimizer Tool is the option to compare up to three properties when considering adding properties to their portfolio.

“We’re always looking to improve our value-add to property owners and provide comprehensive property management with superior service. This includes preserving investors’ assets and optimizing their ROI,” said Pepperney. “This tool is one more proof point of our brand promise, offering greater visibility into the performance of rental property portfolios.”

Along with helping intentional property investors realize rental property potential through wealth optimization, Real Property Management provides full-service leasing, move-in, and move-out property inspections, property maintenance, management of tenant requests and emergencies, advertising and marketing, tenant screening, accounting, rent collection, legal evictions, and online reporting portals.

To learn more about Real Property Management’s Wealth Optimizer service or to find a local professional, visit https://www.realpropertymgt.com/.

About Real Property Management^®:

Real Property Management, a Neighborly® company, is the largest property management franchise in North America, with more than 30 years of industry expertise providing full-service residential property management for thousands of investors and rental homeowners from more than 400 independently owned and operated locations worldwide. Acquired in 2018, Real Property Management is part of Neighborly®, the world’s largest home services company with more than 30 brands and 5,000 franchises collectively serving 12 million+ customers in six countries, focused on repairing, maintaining and enhancing homes and businesses. Neighborly® brands are found at Neighborly.com. For more information about Real Property Management, visit RealPropertyMgt.com.

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