Remove 2017 Remove Management Properties Remove Property Management Software
article thumbnail

Property management trends: What to prepare for in 2025

Condo Control

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. Listen to concerns and answer questions.

article thumbnail

Property Management Profitability: FAQs on Profit Margin

Second Nature

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?