Evolution of Property Management for Private Service Professionals.
The events of the past few years have ushered in a new era for property management, one that is far more lucrative and allows for growth within the role. Long viewed as agents of landlords, property managers are increasingly acting as true liaisons between owners and those residing on the property. This evolution of property management is a result of hardships experienced on both sides during the pandemic – most notably, the inability of many tenants to pay their rent when they lost their jobs or were furloughed – which had to be navigated in order for everyone to thrive. Property managers suddenly found themselves front and center as arrangements were made to make the landlords whole while being sensitive to the plight of those struggling to catch up on their bills. Moreover, the change was not just about…
