Description

ProfitCoach conducted a study on the most significant 25+ revenue driving services/fees. With over 200 PM companies contributing to the fully-anonymized data set, this aggregated report provides fee-based benchmarking with analysis on each fee including:

• Service/fee structure (flat, percent, etc.)
• Actual fee charged (e.g. $50 or 50% of one month’s rent)
• Whether the service/fee was instituted as optional or mandatory
• How the service/fee was rolled out (e.g. on new lease, or lease & renewal, etc.)
• 3rd party vendors utilized to provide the service
• Cost of 3rd party vendors
• How the service/fee was marketed to owners/residents, and a rating of their response to the fee

Understand the opportunities for your own property management business as you gain broader community insights through the 2023 National PM Pricing Report.