No one could have predicted the impact the pandemic would have on the US rental market. Rental prices dropped in major cities while employees quickly switched to remote working. On one side, millions of consumers are behind on their rental payments as eviction moratoriums are extended yet again. On the other side, landlords and property managers are wondering what the long-term effects might be to their bottom lines and strategic direction. But with credit scores skyrocketing and consumer confidence rising, there are opportunities for growth on the horizon.
As companies continue to reevaluate their approach, they should look for strategies they can implement today that will work today and also pay dividends as the rental market reopens and the economic recovery expands. Download our latest e-book to learn: