Jessica Gillingham predicts that by 2025, the short-term rental property management industry will shrink as casual operators exit due to tougher regulations and rising costs. Only professional, strategically-built management businesses will survive the profitability pressures.
I've got lots of predictions for 2025 but the one I'll focus on here is what I think is going to happen is that there will be fewer property managers because of regulations, because of how hard it is to be a property manager right now, because of challenges with profit, because of rising costs, all sorts of things that make it very difficult being a property manager. Those that came in relatively recently in the in the kind of the COVID gold rush days will decide that you know what this isn't for me and will leave the market. And what that will mean is that there will be better stock for property managers who really do see themselves as professionals, who are really doing a great job for asset owners for their homeowners and who have really invested in their businesses. So they have been strategically building their businesses for sustainable growth. So those are the ones that are going to win and stick and the ones that kind of just came in for the quick wins will leave the market.
I Tested AI Search SEO for Rental Hosts... Here Is What Happened [Live Training]
