2022 is shaping up to be a year defined by opportunity, with more property managers planning to expand their portfolios and grow their revenue than we’ve seen since well before the pandemic. Understanding exactly how your peers plan to grow can help you to craft your own strategy.
This report will give you a detailed view into the strategies that property managers plan to apply to expand their portfolio and revenue growth in 2022 & 2023, as well as how much growth they have planned for the near future, including:
Changing Outlooks on Portfolio Growth
86% of property managers plan to add new properties to their portfolios in the near future—the highest growth expectations that we’ve seen since 2016, and much higher than in the early months of COVID-19.
Proven Opportunities for Expansion
41% of property managers are prioritizing portfolio expansion as one of their three main areas of focus for the year, from acquiring new properties to finding new clients and encouraging current clients’ growth.
Rental Owner Relationships
27% of property managers said exceeding clients’ expectations and finding the right owners to work with will be a main focus for them in the year ahead.
Revenue Growth Expectations:
More property managers expect their revenue to increase in the next two years than we’ve seen since 2018—another significant jump since the early months of the pandemic.
…and more trends to help you grow.