Press release
Global Rental Management Market Dynamics, Major Players, Analysis & Forecast Research 2022 - 2030
Rental management is the administration of residential, commercial, and industrial assets such as apartments, detached houses, condominium units, and shopping centers amongst others. It usually entails administering property that belongs to another entity. The rental manager works on behalf of the lender to maintain the property's integrity while generating revenue. A few real estate agents also operate in land management as property managers. A resort town broker, for example, may offer services to buyers and seller's agents, as well as for property management. Rental management market growth is being driven by the increased usage of the software as a service (SaaS) paradigm for rental management. Furthermore, rising demand for outsourcing services and a growing inclination toward workplace mobility are two other aspects that are likely to have a beneficial impact on the global rental management market.In terms of revenue, rental management market was valued at US$ 206.7 MN in 2021 growing at a CAGR of 8.1% over the forecast period (2022 - 2030).
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Rental managers assist owners with budgeting, advertising, tenant screening, and rent collection. They also keep the property in good condition and ensure that the requirements of the local landlord and real estate board are duly followed. A rental management firm's tasks includes preventive maintenance, cleaning, interior and outside design, and construction. Some of the key companies have also contributed to market growth in this region through offering innovative services. For instance, 360 management services are changing the way property management is performed in Auburn and Opelika, Alabama. Property owners, investors, tenants, and others can all benefit from the company's solutions and services. In addition, the organization provides full rental management, which covers all bases for significant investments.
The covid-19 pandemic impacted the rental management worldwide. According to the World Health Organization (WHO), the covid-19 pandemic had infected nearly 2 million people by January 2021, resulting in enormous strain on property management sector. The COVID-19 pandemic altered the course of world history. Rental management businesses have been impacted in various ways, prompting many to review their existing business models to ensure not only continuity but also resilience in order to remain future-fit. The COVID-19 crisis has also had a significant impact on rental management processes. In order to comply with restrictions, many agencies adjusted their maintenance workflows, routine inspections, and tenant services. Moreover, these changes have also contributed to more efficient services, prompting them to adopt these changes for long term. Furthermore, the increased promise of innovation in property management in the near future, promise new opportunities for growth of market participants in the rental management market.
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List of Major Players in Rental Management Market Report are:
360 Management Services
AHI Properties
Alabama Rental Managers
Atlas Rental Property
Blackwell Nelson
Decas Group
Evernest
Frank Poe Real Estate Company
RCPM
Signal Property Services
StoneRiver Property Management
Walton & Tower
Watts Realty
Other Market Participants
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Highlights of the Report
The new entrants and alternative products and services that pose a significant threat to the competitors in the future are highlighted in this report.
Business models adopted by the leading players for partnering with the other growing competitors
The report exploits unexplored market spaces that may enable the market participants to compete with the leading players.
It reviews the biggest competitors across various segments in the Rental Management
The report explores different buyers and sellers through the market's value chain.
The Rental Management market report has identified the specific categories of products that compete with the international marketplace giants.
The product categories that ensure high profit for the sellers and other participants are presented in the study.
The report puts together the key takeaways that the market participants can start implementing straight away.
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Global Rental Management Market Segmentation:
By Application
Residential
Commercial
By Organization Size
Small and Medium Organizations
Large Organizations
By Pricing
Monthly
Yearly
By Offerings
Solutions
Services
By Availabilities
Student Housing
Single Family
Multi-Family
Others
By Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
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