Vendors who fail to adapt their marketing to the millennials taking over the property management industry are passing up a once-in-a-generation opportunity. Here are some tips on how to connect.
Customer reviews represent the digitalization of word-of-mouth recommendations, and as such they present small business with a powerful brand building and marketing tool.
Property managers don’t have to be expert builders, but they do have to know how to hire them. Because when things go wrong on a big construction project, it reflects just as poorly on the property manager as the contractor they hired
Thoroughly vetting contractors and other vendors won’t prevent accidents, but it can go a long way toward protecting owners and residents and providing property managers peace of mind when paint buckets fall, sprinkler heads fly, and truck brakes fail.
Don’t be fooled. Picking the wrong landscaper can be just as risky as hiring an inept general contractor.
While hiring a landscaper may seem like a low-risk endeavor to the casual observer, experienced property managers know better.
Vetting vendors is one of the most important functions property managers perform. It’s also one of the most time consuming, which is why so many are outsourcing the process to companies like Vendorsmart.
Show, don’t tell. Ask, don’t assume.
It may be ‘til death do us part for marriage, but business relationships are dissolved as soon as there’s reason for doubt. As Inc. magazine observes, trust is what fuels a successful relationship.