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Congratulations to All Property Management * GREAT Article in Bloomberg

By Wallace S. Gibson, CPM

Property Manager with Gibson Management Group, Ltd.

November 29, 2011 11:25 AM

I've seen some articles recently in the WSJ and other real estate trade publications and it is GREAT to see that Bloomberg has "see the light" and acknowledged that property management is a very VIABLE real estate specialty service and that leasing UNsold homes through a professional property manager is NOT the scary scenario that is often visualized by owners leaving their homes.

Great article and as many of us in the ActiveRain Property Management group can attest, we have the knowledge and experience to work with homeowners

http://www.bloomberg.com/news/2011-11-29/once-ugly-property-management-grows-as-u-s-home-rentals-surge.html

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Randi Brammer

Randi Brammer, Acctg. - Hinckley, MN

Accountant & Tax Preparer

Property Management has bee an unsung hero for a very long time. Time it has gotten it's due!

Nov 29, 2011 11:45 AM

Mark Delgado

houses for rent, Solano County & Glen Cove - Benicia, CA

Benicia and Vallejo, Property Management, rental h

Great link to provide and great news. We do deserve a bit of praise for what we do, I agree!

Nov 29, 2011 04:00 PM

Jay Markanich

Jay Markanich Real Estate Inspections, LLC - Bristow, VA

Home Inspector - servicing all Northern Virginia

So Bloomberg finally comes around to the obvious? Aren't they always the last to any party anyway? Not sure I would trust any of their predictions - they show up better after the facts are known.

And the facts about property management, when done properly, are well known.

Nov 29, 2011 07:53 PM

Michelle Francis

Tim Francis Realty LLC - Atlanta, GA

Realtor, Buckhead Atlanta Homes for Sale & Lease

Wallace,

Great article. Love that some of the AR folks were referenced! Property management will continue to become even more important over the next 10 years. The major trending we are seeing is towards leasing.

I've heard frequently from folks - "Gee, it's been 20 years since I last rented anything" and these folks are financially sound - like 760 + average credit scores, have money in the bank, good jobs, and CHOOSING to rent.

Getting the right property manager is critical.

All the best, Michelle

Nov 30, 2011 12:27 AM

Congratulations to All Property Management * GREAT Article in Bloomberg

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Wallace S. Gibson, CPM

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