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Five Ways to Boost Employee Retention in Property Management

App Folio

It’s one of the property management industry’s most pressing pain points. . While the average turnover rate across all industries stands at 22% , the property management industry has a turnover rate of 32.7%. . So what can be leaders and managers do to improve retention? Employee retention. Identify what motivates.

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4 Valuable Situations to Use a Power of Attorney For Real Estate

Realty Biz

This legal document enables someone to handle property matters on behalf of another person when the principal cannot manage real estate affairs or deal with transactions from a distance. My real estate attorney for my transactions often represents the seller at closing under a POA. The buyer signs the lion's share.

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Placemaker Real Estate and Inhabit Realty Group Acquire Fairway Apartments

Realty Biz

The property was acquired in an off-market transaction direct with the seller for $5 million. "We We are pleased to sponsor our latest acquisition in the Bloomington-Normal market," said Adriel Deller, Principal at Placemaker Real Estate. They are one of the most respected property management firms in this market.

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Expert Tactics to Drive Profits & Create Value in Property Management

App Folio

Being a property manager is a hustle. We speak with experts about where in a property manager’s operation they can find quick, easy-to-apply improvements that boost profits. Additionally, he is the President and CEO of Velo Residential, a property management company based in the Dallas-Fort Worth region of Texas.

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Multifamily Revenue Management & Lease Concessions in 2020

App Folio

In addition, the increase in residents transitioning to month-to-month leases rather than annual renewals makes it difficult for property managers to predict occupancy levels and rent rolls. Stacy Holden has over 20 years of experience in multifamily property management and currently serves as a Sr.

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10 Sneaky Real Estate Scams + How to Protect Your Clients (& Yourself)

The Close

Closing Wire Fraud. Without a doubt, the most devastating and dangerous real estate scam for our clients is closing wire fraud. Here’s how it works: A scammer starts by hacking the email inbox of a principal party in a real estate transaction. How to Protect Your Clients (& Yourself) From Closing Wire Fraud.

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7 Critical Parts of Every Real Estate Investment Business Plan

The Close

If you are doing fix and flips and have a lot of free time to manage contractors, then you may be the best person to manage the project. However, if you are buying a cash-flow property in another state, it is nice to have a property manager in the area to find tenants, handle emergencies, and collect rents.