I would say the first step would be to get in touch with Investors in the areas you are offering your services. There is a few ways to do this: Network within Facebook groups, Pull a list of Investors from Public records, or go to local REIA groups and network there.
I would recommend having a professional website as John mentioned to run Paid advertising through Google and FB ads, and also have a cold outreach strategy in place to reach out to Investors to offer your services to them.
My company can help you in both of these endeavors, feel free to reach out if you would like to discuss further!
Investor · Willard, MO · Member since 2022 · 25 posts · 22 votes
4y
I don't really know how to get clients, but I can tell you how I picked mine and it is a very non-traditional way. I had an employee in my day job. Long story short he basically got a "I'm selling your unit and you have 2 weeks to get out" notice. Whether that was legal or not... moot point he had to get out.
When I was talking about hiring a property management company he said you need to hire X. He was like as a tenant they always answered my call, they always showed up for their appointment, they never rented one out from under me. He is like every other company (and he worked with a lot) would set up appointments, not show and then when he called they'd be like oh someone rented it without looking at it. He was like well the least you could have done was notified me.
Literally that tenant experience was enough to sell me on my property manager. It was word of mouth, but if tenants are going to talk and know who good property managers are you will have plenty of demand for your owners (suppliers).
Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
4y
First step is to establish yourself as a professional. Do you know the law well? Do you have satisfied customers? Do you have a record of protecting your investors' property, income, time, and sanity? What competitive edge can you provide a potential customer? What makes you stand out from the rest?
IF you're established and have evidence to back up your company, then market heavily to the real estate offices. Provide them with professional flyers, tri-folds, business cards, or whatever. Ask to speak for 10 minutes at a training meeting to pitch your business and what makes you stand out. Offer a referral fee for every property they send you that signs up for one year of management or for every applicant that successfully rents for one year.
For property management companies, it is especially important to have a solid marketing strategy in order to grow your business. Especially for property managers, it is essential to continuously update your marketing strategies to gain access to new markets.
In order to grow your property management business, you can follow these ideas and strategies closely and watch your numbers transform.
1. Search Engine Optimization 2. Content Marketing 3. Property Management Website 4. Social Media 5. User Experience 6. Local Businesses 7. Analyzing Competition 8. Online Reputation 9. Host/Attend Events 10. Paid Marketing