5 Ways the Pandemic has changed property management

1. Increased Digitalization: With most people staying home to avoid the spread of the virus, there has been an increased need for digital property management tools. This includes virtual showings, online rental payments, and digital applications.

2. Remote Working: Many property managers are now working from home, which has allowed them to keep up with their jobs while minimizing contact with tenants and other staff members.

3. Social Distancing: Property managers are now enforcing social distancing guidelines and other safety measures in common areas, such as lobbies, elevators, and hallways.

4. Increased Cleaning: Property managers are increasing their cleaning frequencies and using more aggressive cleaning protocols.

5. Flexible Leasing Options: Property managers are now offering more flexible leasing options, such as shorter-term leases and rent payment plans, to help tenants who are struggling financially due to the pandemic.

Looking for Chicago Property Management services? CRER will create customized management plans to fit the client’s needs and expectations. We make sure not only the property is up to code, but it is pleasant and comfortable to live or work in. A well-maintained property produces the highest returns for owners.

Tagged In
Related Posts