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NARPM Radio
Scaling Smart: How to Grow a Property Management Business the Right Way
Dec 4, 2024
In this engaging discussion, Jay Hartley, an experienced real estate broker and investor, shares invaluable insights on scaling a property management business. He emphasizes the importance of building the right team and implementing efficient processes. Jay highlights strategic partnerships with real estate offices and the role of education in fostering growth. He also delves into the challenges of transitioning from employee to owner-operator while maintaining exceptional customer service. Tune in for tips on leveraging technology and networking for sustainable success!
53:05
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Quick takeaways
- Building a strong team and creating effective processes are vital for scaling a property management business while maintaining high service quality.
- Establishing connections with local real estate agents can significantly enhance referral opportunities and visibility within the property management market.
Deep dives
The Importance of Proximity in Property Management
Establishing an office in a real estate brokerage that does not focus on property management can significantly enhance business opportunities. By sharing an office space, property managers can position themselves as experts in the field, leading to referrals from real estate agents who can funnel potential clients directly to them. This proximity not only allows for a network of connections but also fosters collaborations within the local investment community. Partnering with local investor clubs can similarly serve as a platform for property managers to engage with prospective clients.
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Discover
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