How Fee Managers are Treating Margin Cuts
Date postedMarch 21, 2018
Rents have been rising nationally on a consistent basis since 2010. For rental housing fee-management companies, it stands to reason that those increases have led to steady profits, because most management companies work off of a percentage of their collected income, whether it is 2, 3 or 4 percent.
When things are going well, management companies say that some owners attribute their profits to market conditions, and discount their management company’s solid performance...