- Increased Property Value: A well-managed property can increase in value over time. A property management company can help ensure that your property is properly maintained and kept in good condition, which can lead to higher rental rates and a higher overall value for the property.
How to find a property manager Ask for referrals from friends, family or your real estate agent. Check reviews online or with a state or local apartment association. Make a list of a few companies that may fit your needs. Compare the fees of each company. Check each company's licenses and certification.
Public Records Property registry websites are full of public records related to property ownership and management. These online platforms often provide searchable databases where you can input property addresses or parcel numbers to get detailed information.
Property management companies are profitable since they typically operate at 10-15% profit rates. While this is a general industry standard, you'll want to ensure the company's profit margin doesn't go below 10%, even if a lower value doesn't mean the company is financially unhealthy.
Contacting Local Real Estate Offices Real estate brokers and property management firms often have detailed knowledge about who manages specific commercial properties. You can: Visit or call local real estate offices and ask for information about the property manager.
With more than 450 locations nationwide, each of your properties is managed by local experts who know the area and the rules, from building codes and permits to having the right answers for questions from prospective tenants.
A property management company oversees a rental property on the behalf of the landlord. Their role includes collecting rent from tenants, taking responsibility for day-to-day repairs, and managing the overall maintenance of a property.
There are over 304,000 property management businesses in the U.S., with 238,000 focusing on residential properties. About 35% of property managers handle between 101 and 500 units, showcasing scalability across portfolios. The leading property management company manages 798,272 rental units as of 2025.
In 2021, the property management industry generated a revenue of $88 billion in total, contributed by more than 280K property management companies all across the US. The global property management industry is valued around $13.88 billion of which North American market grabs the major chunk of around $5 billion.
There are over 304,000 property management businesses in the U.S., with 238,000 focusing on residential properties. About 35% of property managers handle between 101 and 500 units, showcasing scalability across portfolios. The leading property management company manages 798,272 rental units as of 2025.