Insights on building property management companies with minimal marketing costs, strategies for growth through marketing and lead generation, navigating remote work dynamics, and building financial stability. Sponsor ads feature pest control and leasing automation solutions for property managers.
Build relationships with real estate brokers for growth.
Adapt pricing strategies to market demands for success.
Utilize virtual assistants to enhance operational efficiency and reduce costs.
Deep dives
Focusing on Growth Strategies in Property Management
Property management industry experts discuss effective growth strategies, including building relationships with real estate brokers, offering educational courses, utilizing CRM systems, and establishing referral programs. They highlight the importance of marketing, lead generation, and sales efforts to drive business growth.
Optimizing Pricing and Contract Structures
Insights are shared on pricing strategies for property management services, emphasizing the importance of fair pricing while adapting to market demands. The conversation touches on contractual agreements, moving from annual to month-to-month contracts for flexibility and client satisfaction.
Navigating Client Relationships and Service Standards
The podcast delves into handling client relationships effectively in property management, providing valuable tips on addressing challenging clients, setting realistic service expectations, and being adaptable to meet client needs. It stresses the significance of client communication and professional boundaries.
Implementing Virtual Assistant Solutions
The benefits of using virtual assistants in property management are discussed, highlighting how they can enhance operational efficiency, reduce costs, and offer specialized support in various tasks. Insights are shared on leveraging virtual assistants for accounting, leasing, maintenance coordination, and rent collections.
Strategies for Business Expansion and Talent Acquisition
Key strategies for business expansion and talent acquisition are explored, emphasizing the importance of staying focused on growth areas, building a strong team, and leveraging virtual talent marketplaces to access specialized skills. Tips are provided on sustainable business scaling and staff acquisition planning.
In this episode,"How to Grow Your PM Company," NARPM® Radio host Pete Neubig connects a seasoned property manager, Greg Doering, MPM® RMP®, with a newbie, John Gillen. Greg gives John insights on how to grow his business. If you're just starting out or are looking to grow, this is a can't-miss episode.
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