The property management industry is more crowded every day, and as a result, more competitive, too. Offering basic services, using the same marketing techniques month-after-month, and relying on traditional workflows is no longer enough. Instead, the most successful property managers are at the forefront of the industry’s evolution, and use new techniques and strategies to grow their businesses more efficiently and profitably.
Over 90% of property management companies offer the following five services: rent collection, tenant screening, marketing properties, maintenance services, and financial reporting – and the larger the company, the more services it provides.
What does this mean for your business? The bigger it gets, the more competitive you have to be.
Arming your business with the latest industry data is the first step to gaining a competitive edge. Drawing on data from our new property management industry report, the following SlideShare turns current industry trends into three actionable strategies property managers can use to start outperforming across all facets of their business.
From positioning your company services and fees competitively, to maximizing your marketing ROI and leveraging technology to outperform the competition, click through to learn more about the industry’s most current business strategies.
Read more on Uncategorized