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Find quick, easy to access information on real estate management industry fundamentals and the latest news and trends on the IREM blog! Stay tuned for regular updates to keep up with what’s happening in the real estate industry and get practical tips for your career.

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  • Apr 13, 2021
  • Marc Frenkiel

How to overcome high employee turnover in property management

The annual turnover rate in multifamily stands at 33%, far higher than the average national rate of 22%. You’re no stranger to these statistics, but they are worth mentioning because combined with the fact that the average property manager is nearing retirement at 50 years old, it’s not an exaggeration to say that our industry is heading towards a serious talent crunch.

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  • Apr 06, 2021
  • John Salustri

Post-COVID property management success: Lead with resilience

Let’s begin with a reflection on the following quote from a property manager: “One interesting aspect of management is its resiliency during recessions or economic downturns. The pandemic and accompanying government response is only furthering that, as private owners [cannot] deal effectively with residents who are experiencing hardship. This better positions us for growth and provides value and education to both owners and residents.”

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