Last year, community association management companies faced widespread challenges—from shortages of team members, vendors, and volunteers to increasing competition among management firms.
And while the community association sector is more popular than ever among developers and residents, you may be wondering if this year will be more of the same… we were, too.
In our latest report, 2023 Community Association Trends in 7 Key Areas, we surveyed community association managers and board members from around the country, uncovering several key challenges they plan to address head-on in order to thrive—including:
- Staffing – A top priority for 2023 as the labor shortage continues
- Competition – How high-quality customer service helps level the field
- Growth – Ways in which new developments mean new potential clients
- Profitability – Reacting to the pressure to increase prices
Want to see the rest? Download your free copy of the report today.