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. On one hand, companies are anticipating less revenue growth over the next two years than they projected in 2022 and 2023. 41% will expand the services they provide.

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Property Management Property Manager Management Broker 130

Buildium

OCTOBER 28, 2024

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. In 2024, tenant quality emerged as the #1 concern for property management companies.

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Property Management Property Manager Management Property 246

BetterWho

SEPTEMBER 21, 2024

You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., According to the NARPM financial performance guide , the best property management companies had a churn rate of 9.6% Or is maintenance due?

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Property Management Property Manager Tenant Management 233

Condo Control

DECEMBER 11, 2024

Everything costs more, and as a result, some would-be clients looking to save money will hold off on hiring a manager. According to one report, 50% of property management companies plan to expand between 1% and 25%. This is a slower rate of growth than what companies projected in 2022 and 2023.

Property Management 130

Property Management Property Manager Management Property 130

Propertyware

JANUARY 6, 2022

By: Laurie Mega According to the 2022 State of the Property Management Industry Report , the number of renters living in single-family rentals has risen steadily for the last several years. In response, property managers turned to tech to help them customize and centralize management.

Property Management Services 52

Property Management Services Property Management Property Manager Management 52

Propertyware

NOVEMBER 11, 2021

By using a simple forecasting method that combines pre-pandemic numbers with current market analysis, property managers can forecast for 2022, no matter what their goals are. Many property managers, however, didn’t experience a dip in business during the pandemic, particularly those who manage single-family homes.

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Property Management Property Manager Property Management Software Single-Family Home 52

Second Nature

DECEMBER 16, 2024

Average Property Management Fees Different property management companies structure their fees in different ways, so its important to familiarize yourself with the different options and determine what works best for you. First, some property management companies will charge an initial setup fee.

Property Management 52

Property Management Property Manager Management Property 52