Remove Property Management Remove Tools Remove Training
article thumbnail

The risks of 1099 contractors in property management

Housing Wire

Multifamily property managers and owner managers face countless challenges and complexities day in and out. From resident relations and legal compliance to property takeover, both established and new property management company executives can quickly become overwhelmed handling all the moving parts required to run the company.

article thumbnail

How AI and a changing rental market will shape property management in 2024

Housing Wire

Two complex factors are set to transform the rental market in 2024, creating new challenges and opportunities for property managers. The second is a more competitive rental market, driven by record-high construction of multifamily rental properties. At the same time, the data suggests several benefits for early adopters.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating agent attrition

Housing Wire

This can be particularly beneficial during slow sales periods, helping agents maintain financial stability while also serving as a lead generation tool for when the for-sale market turns more favorable again. This includes understanding rental market trends, legal requirements, and best practices for property management.

Agents 379
article thumbnail

Hope Through Housing uses MLK Grant to fund after school programs

Housing Wire

This grant is directly aligned with our goal to provide the tools, guidance and resources needed for youth to realize their full potential. Additionally, in 2022 we launched CORE Academy, a workforce training program designed to introduce non-traditional candidates to the property management industry.

article thumbnail

A recap of gen AI use cases at FHFA’s 2024 TechSprint

Housing Wire

AI is learning all the time, which means it has to be fed and trained on accurate, up-to-date data. Multifamily renting An Uber-like experience to match today’s 30 million renters with property managers, Domino would provide tenants with a personalized readiness rating. Serves as relationship-building tool for servicers.

Tools 350
article thumbnail

United Real Estate expands North Texas footprint through M&A

Housing Wire

Through the merger, Insight Realty agents will gain access to United Real Estate tools including its nationwide referral network, CRM, customizable websites, training, automated marketing and the Bullseye Agent Productivity Platform.

article thumbnail

Opinion: Many mission-based landlords are at a breaking point

Housing Wire

Labor costs for property management have increased nearly 50% in some markets, and security needs and costs have risen, too. At many affordable housing properties, expenses exceed revenues and owners are now forced to feed budgets to cover costs. Rising operating costs add to the pressure. Insurance premiums are up 27.7%

Landlords 401