Buildium

JANUARY 21, 2025

In 2024, we can see that more companies reported equivalent or greater revenue growth than they did in any year between 2017 and 2022. This has put pressure on two other services to generate more revenue to make up for the income theyve lost: rent collection and maintenance. 41% will expand the services they provide.

Property Management 130

Property Management Property Manager Management Broker 130

Condo Control

DECEMBER 11, 2024

84% of property management companies report that their revenue increased over the last two years. This represents slightly less growth than what was reported in 2023, but companies are still growing at a pace that exceeds growth recorded between 2017 and 2021. However, the benefits undoubtedly outweigh any drawbacks.

Property Management 130

Property Management Property Manager Management Property 130

Second Nature

DECEMBER 16, 2024

We've worked with hundreds of residential property management companies and seen a wide variety of profitability levels, Daniel says. In 2017, the average profitability in the property management space was 6%, and the top 25% of performers profitability was 25%. Are you spending too much on overhead?

Property Management 52

Property Management Property Manager Management Property 52