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Customer Service should be every property manager's top priority
The best property management teams place customer service at the top of their priority lists. Like any successful business, excellent tenant customer service is essential to maintaining a positive environment for everyone. When property management teams apply the principles of excellent customer service to their tenant service practices, better tenant relationships are built and a spirit of mutual cooperation makes for a healthy, happy environment for everyone. While this con
Renter-friendly, damage-free decor and storage options that property managers will love
When it comes to rental space, tenants usually want to personalize their space and make it more functional for their needs. Property managers want to protect landlords’ investments and discourage DIY customizations that can mar walls and other elements of a property. Suggesting renter--friendly options for tenants to make their spaces more personal is the most sensible way for property managers to avoid strained relationships with tenants and confusion about lease restriction
Tips for Property Managers to Lower Operating Costs
Reduce Property Management Expenses In a recent survey on challenges property managers grapple with, 45 percent of respondents said that “lowering operating costs” is “challenging” or "very challenging.” Reducing operating costs is a universal quest among businesses of all types. Maximizing income is de rigueur among owners and managers alike. That said, finding ways to lower operating costs is usually the dilemma, especially in today’s ever-changing world of property managem
Property Managers Can Get More Clients by Understanding Prospective Clients
One of the main goals among property management teams is growing the business by signing new property owner clients and increasing the number of units they manage. The key to growing your business, as marketers and entrepreneurs everywhere will tell you, is understanding your prospective clients so you can meet their needs. Understanding your target market and creating buyer personas will help you establish more effective and more cost-effect marketing that: Communicates a st
Eye-catching rental property photos are key to grabbing potential renters' attention
When potential tenants browse through apartment or home rental listings online, the photos are the first thing to capture their attention. Since the quality and appeal of your photos can make or break a listing, they have to be exceptional. It’s best to hire a professional real estate photographer who knows how to showcase a home to sell, but if you decide to do it yourself, follow these tips to bring out the best in your rental property's interior and exterior images. Clear
Is it time to update your lease agreement?
We're already into peak rent season, which is May through August, when more people are looking for a new rental home than any other time of the year. It's during the busy summer months that, as a property manager, you need to know that your lease agreement is working for you. If you haven't revised your lease agreement in a year or more, now is the time for an update. Make lease agreement adjustments based on experience Take a step back and consider whether or not your lease
5 Transformative New Year’s Resolutions for Landlords and Property Managers Ready to Raise the Bar i
With eyes wide open and a commitment to take risks in order to cultivate growth, check out these five New Year’s resolutions that every land
Marketing Strategies: Tips for Property Managers to Increase Rent Rolls
Property managers juggle many responsibilities, not the least of which is continually finding ways to grow the rent roll and increase monthly income. The best tactics for growing your rent roll involve marketing, brand-building, and building strong relationships with potential and existing customers, Here are some effective marketing and networking tips you can choose from and apply according to your budget, available time, and whether you work independently or with a real es
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