If you are the owner of a property management company, chances are you have thought about joining a franchise.  Joining a property management franchise can be a tempting option, and it certainly has its benefits for business owners.  But how do you know if it is the right choice for you?  The truth is, it all depends on what you want to gain – and what you are willing to give up. When you join a franchise, there are many tools and benefits that you will gain access to. These tools can help you grow your business, automate your operations, and strengthen your team’s expertise.&n ..read more

As a property management company, you know that retaining customers is crucial to your success. So what is churn and why does it happen? How do you keep your owners happy and prevent churn? In this blog we’ll cover everything you need to know, from how to calculate churn, to how you can prevent it.  Why Churn Rate Matters Churn can be defined as your customer turnover rate. It is a measurement of how many clients leave your company in a given time period.  You know that in order to grow your property management company, you need to bring in more leads and increase your door count. B ..read more

Are you a property manager who is looking for new ways to expand your connections and gain new leads? While there are many methods that you can use to reach this goal, LinkedIn can do wonders for helping your business grow.  In this day and age, a business’s online presence can make or break its trajectory.  This is especially true of property management companies. In the ever-evolving industry of real estate and property management, staying ahead of the curve and growing your connections is essential.  After all, working in property management is all about building strong conn ..read more

Buying a property management company can be an excellent way to expand your business. However, the process of purchasing a company can be long, confusing and frustrating if you don’t know what to look for.  Lucky for you, you’ve come to the right place. In this article, we will be going over everything that you need to know about buying an existing property management company and we’ll answer the following questions: What do I need to consider before I start shopping around? How do I accurately determine the value of an existing property management company? How do I finalize the sale an ..read more

Are you a property manager trying to grow your audience on Instagram?  We get it, Instagram can feel daunting.  But don’t worry, we have you covered!  In this post, we will cover everything you need to know in order to start benefiting from Instagram and connecting with owners.  We’ll start by covering how you as a property manager can benefit from using Instagram.  From there we will go over how to set up your profile, discuss what kind of content to share, and cover the different types of posts that you can create on Instagram. You may also be wondering: How can I d ..read more

A lot of our property managers want to know the best way to create and share engaging content. Videos are a great way to reach your audience and hold their attention.  Property management videos will improve your marketing and increase your lead flow so long as you know how to make them informative, exciting, fun, and captivating! If you do it right, videos can not only inform current clients, but bring in new ones as well.  So you are probably asking yourself: how exactly do I make the right types of videos? We do and we can share all the tips with you!  In this article, we ar ..read more

ChatGPT has gone viral. Funny enough, similar AI has actually existed for the past couple years and thankfully we’ve been aware of this. A lot of property managers have been asking us: is it going to change everything? Lucky for you, we’ve got the lowdown! We’ll start by giving you a rundown of the risks of using ChatGPT so that you can be well-informed. Once you understand the risks, we’ll show you how to leverage ChatGPT for your property management company. The Risks of Using ChatGPT for Your Property Management Business Before we go into How You Can Use ChatGPT For Your Property Managemen ..read more

As a property manager, offering a residents benefit package is an excellent way to increase your company’s revenue while building positive relationships with tenants.  A residents benefit package is a package of services and amenities offered by a property management company that benefits the residents. The additional charge to the resident is normally included in the lease.  More and more property management companies are incorporating this into their business plan, and you should consider doing the same! The residents benefit package doesn’t have to be the same for everyone. The g ..read more

Your website is often the first impression potential clients will have of your business, so make sure it’s a good one! When building a new website for your property management company, there are a few key things that you need to make sure are included. In this article, we will go over the most important things that you should have on your website in order to attract and retain property management clients. The Importance of Solid Property Management Websites As a property management company, your website is one of the most important marketing tools that you have. In today’s digital world, pote ..read more

Are you a property manager looking for more streams of revenue for your company?  Most property management companies offer standard services to their clients. This includes things like rent collection, maintenance, marketing of the property, tenant screening, and property inspections. But did you know that there are other services you can offer as a property manager to help your business earn even more money every month? While these services may be less traditional, extra benefits that you can offer your clients include things like legal advice, property staging, insurance services, fina ..read more