The outlook for the rental industry looks challenging, with economic experts predicting things getting worse before they truly stabilize and get better—pushing property managers to look for ways to cut costs. Onsite managers can adjust some of their practices for savings that seem small at first, but add up to a substantial amount of gross margin retained for the company.
COVID-19 has changed how many property management teams do business and connect with their residents. With the invention of email, text messaging, and video conferencing many businesses are able to transition routine tasks to a virtual platform and retain a sense of normalcy.
Posting flyers all day isn't the best use of your property management team's time or resources. If you’re still using paper flyers to communicate with your residents, here are a few reasons to move forward with the times and implement a digital communications solution.
SMS marketing is quickly becoming a necessary part of business for almost every vertical (including property management), and for good reason. In recent years, text messaging has proven itself to be a superior communication platform.