2020 has been a year like none other. Everything we know has been turned upside-down, and it’s hard to name a business that hasn’t had to scramble to keep its operations moving during COVID-19.
But property managers have done what they always do in the face of a challenge—they’ve adapted their businesses and powered right through it. In fact, Buildium’s research found that three-quarters of property managers still predict growth this year, in spite of the headwinds they’ve encountered.
When it comes to understanding how COVID-19 has transformed our industry (possibly for good), there’s a lot to unpack. That’s why we’re excited to release the 2021 State of the Property Management Report, which includes the voices of over 5,000 property managers, owners, and residents.
In the report, you’ll find out:
- How property managers have found ways to shore up their portfolio and revenue growth despite conditions outside of their control
- The services property managers are using to generate revenue in 2020
- Why resident-related concerns have edged out profitability and efficiency on property managers’ list of priorities
- How renter and owner preferences have shifted over the course of the pandemic
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