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Forbes: How Property Management Companies Can Compete In A Oversaturated Market

13 November 2020 0

According to recent research by IBISWorld, there are 291,978 property management companies in the U.S. alone. In such a crowded — and growing — market, especially one whose services are often similar, it is becoming increasingly difficult to ensure that your company stands out.

The great differentiator, though, is a company’s reputation: how customers perceive you will deliver the service. Because a significant part of a property management company’s work is focused on managing relations between owners, tenants and vendors, maintaining positive relationships with all these stakeholders and focusing on customer delight will be necessary for the company to gain credibility in the industry.

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