LeadSimple Blog

Analyzing Property Management Pricing and Fee Structure

Pricing impacts profit. Period.In fact, it's arguably the highest impact lever for generating greater profits for your property management company. Explore revenue optimization with property management veteran and consultant, Michael Park of Rent Bridge.

Pricing impacts profit. Period.

In fact, it's arguably the highest impact lever for generating greater profits.

Ask yourself this question: How would the following scenarios affect my bottom line?

  1. Adding 10% more doors
  2. Increasing your fees by 10%
  3. Reducing your churn by 10%

The difference in impact between these levers is exponential, not linear. And that's why we've done a deep dive on revenue optimization with Michael Park of Rent Bridge Group.

Michael has years of experience as both a property management operator as well as consultant and we're excited to explore fee maximization with him.

This interview will cover topics such as:

  • Why pricing has a disproportionate impact on profits
  • How to perform a revenue analysis on your business
  • How to roll out pricing updates without rocking the boat
  • The 80/20 approach to thinking about new sources of revenue

Brought to you by:

Michael Park of Rent Bridge Group

Jordan Muela, CEO of LeadSimple and resident sales expert. He's been helping property managers generate owner leads since 2008 and lives and breathes lead generation and conversion. He's living proof that it's possible to be both ADHD and deeply passionate about utilizing the right systems to make critical business processes run like clockwork.

Would you like to join us for future webinars? 

Sign up for our webinar invitation email list and we'll make sure you are one of the first to know!

Author

Jordan Muela

Jordan is LeadSimple's CEO and one of the masterminds behind the original product. Off duty, Jordan enjoys spending time with his wife and kids, reading books on business and personal growth and spending time outdoors.

Simplify your growth. Streamline your Operations

Sales doesn't have to be an afterthought, and your processes should be automated. With LeadSimple, you will have a seamless handoff between sales and service teams, and help you turn cold prospects into raving fans by delivering a great customer experience.