Time is the biggest challenges property managers are facing. According to a recent survey from AppFolio and real estate consulting firm John Burns, property managers are struggling to find time to focus on business strategy, followed by challenges with manual processes and managing maintenance. In fact, 60% of property managers named these three obstacles as the top challenges to their business, and some of them are actually inhibiting growth.
“Interestingly, this makes a lot of sense given that a majority of the other challenges that professionals experience seem to be with things like manual processes and struggles to manage maintenance, all of which can be incredibly time consuming,” Nat Kunes, VP of products at AppFolio, tells GlobeSt.com. “The property management profession isn't your typical 9-to-5 job. The long hours, especially when doing everything manually—from logging and drafting unit inspection reports to posting unit vacancies across various outlets and digital channels—can really take a toll on work-life balance and leave very little time for bigger picture items like business strategy and improving customer service.”
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