Safety: The Key to Property Management Growth
Property management is risky. Employees routinely work alone in isolated areas at all hours of the day showing properties to prospective tenants; collecting rent; handling evictions/disruptions; conducting maintenance; and, coordinating housing visits or inspections. Studies show that an assault occurs every 35 minutes and verbal abuse is a daily occurrence. The US Bureau of Labor and Statistics estimates there are at least 2.7 incidents for every 100 property managers per year. It’s not a matter of if a safety incident is going to negatively impact your growing property management company, it’s a matter of when.