Has the Property Management Industry Prepared the Next Generation for Succession?

“Has the Property Management Industry Prepared the Next Generation for Succession?”
NREI – Aug 28, 2018

Much has been written—even in this space—about the dire nature of succession in the real estate community and the aging of practitioners in virtually all disciplines related to the built environment. To hear some pundits, it would seem that the graying of commercial and residential real estate is not only at hand, but is so far advanced that in a few years, there will be no one left to switch on the lights. Well, I see the future of the industry—and particularly property management—in very different and much more hopeful terms. Like everyone else, I am concerned about quantity and dwindling numbers. But I am encouraged by the efforts IREM and other organizations are making to spread the good news of a career in property management.