Top Property Management Trends

Top Trends for Property Managers in 2022


In the past few years, the property management industry has adapted in response to the ongoing pandemic and growing tenant expectations.

 

Property managers have requested, among other features, the need for seamless communication tools and resources to provide more support to owners and tenants alike. As such, the need for quick communication across all channels has been a big trend. This is followed by using property management tools to automate redundant processes such as accounting and portfolio management. Another emerging trend is to provide tenants with more amenities as property managers and landlords work hard to retain quality tenants.


Keep reading to unravel the biggest property management trends in 2022.

 

Communication

It has been a tumultuous time for tenants and landlords alike - and property managers are all too aware of this. This has led to more emphasis on tools that could simplify communication between landlords and tenants alike, enabling better management. The use of software makes this easy as property managers can easily review all communications. This includes access to chat histories, emails, and even text conversations. They can also organize lease agreements, references, and applications. This trend of staying connected with tenants and landlords will continue deep into 2022 and beyond.


The Use of Property Management Technology

This recurring theme across most industries may surprise anyone new to property management. Most property managers need to use software to automate various parts of their business, such as accounting and communication once their portfolios grow large enough. Technology can free property managers to focus on customer-centric services such as preventive maintenance and communication with tenants.

 

In addition to the simplification of redundant processes, property management tools have enabled data analytics to gain insights into a rental unit’s financial viability.


Simplification of Recurring Processes

Property management software has simplified the leasing process and reduced the amount of time and energy that teams often devote to this area. They have now set up online rental listings and rental applications completed using an app. Lease signing is also handled with a software tool (while taking into account the law of the land).

 

Other emerging technologies include virtual showings as interested prospects tour a rental unit from the comforts of their home. If they like what they see, they can schedule an appointment for an in-person visit.


The Use of Rental Incentives

Even though the market is widely regarded as a ‘landlord’s market, it has been getting more difficult to secure high-quality tenants. This is especially true in urban housing markets, and rental incentives can effectively draw in tenants.

 

Some property managers may use incentives such as gift cards to nearby restaurants, free laundry day, or even a one-month-free rent.

 

Longer Leases

For most people, homeownership may not be possible in the near future. These renters mostly consist of professional tenants seeking more housing security beyond six months or even 12 months. This ties in with the last point because finding and retaining quality tenants is more beneficial to landlords, so they will be more open to signing in longer lease agreements.


Services Over Amenities

A 2022 survey by Buildium found that tenants care less about physical amenities such as swimming pools and gyms and more about customer satisfaction and seamless communication. This means they value faster response times to maintenance calls and services over everything else.

 

These services include:

●    Instantly responding to requests and being available round the clock

●    Connecting via online mobile platforms, live chat, and SMS

●    Preventive maintenance services


The Most Important Trend for Property Managers in 2022

Property managers have their work cut out for them as the housing market gets even more crowded and tenant expectations climb. To wrap up, our advice to landlords and property managers alike is to introduce technology into their processes and improve communication with tenants.

 

Let us know if we missed any important property management trends for 2022, and we might update this space with more information.

 

If you haven’t hired a property manager already, click here to learn more about our services and how an experienced property manager can share some of your burdens.

Dive-In Movies at The Cosmopolitan of Las Vegas: Summer 2025

June 9, 2025
This summer, The Cosmopolitan of Las Vegas invites guests to its iconic Boulevard Pool for the return of Dive-In Movies, a unique poolside cinema experience. Every Monday evening from May 19 to September 1, guests can enjoy a selection of blockbuster hits and timeless classics projected on a 65-foot digital marquee, all while lounging poolside or taking a dip in the pool. Event Details: • Dates: Mondays, May 19 – September 1, 2025 • Doors Open: 6:15 PM • Movie Starts: 8:00 PM • Location: Boulevard Pool, Level 3, accessible via the Boulevard Tower escalators • Admission: $15 for non-hotel guests; $10 for Las Vegas locals with valid ID; complimentary for hotel guests, Identity Membership & Rewards members, first responders, and military personnel with valid ID; children aged 5 and under are free. Upcoming Movie Lineup: • June 9: Harry Potter & The Sorcerer’s Stone • June 16: Wicked • June 23: The Goonies • June 30: Top Gun • July 4th: Top Gun: Maverick • July 7: Despicable Me • July 14: Inside Out 2 • July 21: Happy Gilmore • July 28: Elf • August 4: Lilo & Stitch • August 11: Twilight • August 18: Mean Girls • August 25: Legally Blonde • September 1: Good Burger  For those seeking a more luxurious experience, cabana and daybed reservations are available, which include a food and beverage minimum and complimentary admission to Dive-In Movies. Reservations can be made by calling 702.698.6797. Whether you're a hotel guest or a local resident, Dive-In Movies at The Cosmopolitan offer a memorable way to enjoy a night out under the stars with the Las Vegas Strip as your backdrop. The above info is subject to change, stay up to date on The Cosmopolitans website. https://cosmopolitanlasvegas.mgmresorts.com/en/entertainment/dive-in-movies.html

Wagging Tails Rescue: Giving Hope to Homeless Dogs in Las Vegas

June 4, 2025
Nestled in the heart of Las Vegas, Wagging Tails Rescue is a dedicated 501(c)(3) nonprofit organization committed to saving homeless and abandoned dogs from high-kill shelters and owner surrenders. Unlike traditional shelters, Wagging Tails Rescue operates through a network of loving volunteers and foster homes, providing temporary safe havens for dogs — especially pregnant moms and orphaned puppies — until they find their forever families. With no physical facility, the rescue’s strength lies in its community of passionate foster caregivers who nurture these pups with love, care, and attention. Beyond rescuing dogs, Wagging Tails Rescue champions responsible pet ownership through education on spay/neuter, positive behavior training, and proper nutrition. Want to meet some of these adorable dogs and maybe even adopt? Keep an eye on their Instagram @waggingtailsrescuelv for updates on frequent adoption events. From fun puppy yoga sessions to gatherings at Petco and even “Puppies and Pints” at Lovelady Brewery, there are plenty of opportunities to support and connect with this amazing rescue. Every wagging tail tells a story — and at Wagging Tails Rescue, those stories always end with hope and a happy home.

Las Vegas Parking Guide

May 27, 2025
If you’re a first-time visitor to Las Vegas, the idea of paying for parking might not be as big of a deal as it is to those of us who’ve been around for a while. Just a few years ago, it was practically unheard of to pay for parking on The Strip. Free parking was a standard expectation for both locals and casino guests alike. But times have changed, and many of the big casinos along the iconic Las Vegas Strip have started charging for parking. While we’ll let you draw your own conclusions about whether or not parking fees are justified (locals, we feel your pain), we’re here to guide you on where to park on the Las Vegas Strip. So, buckle up, and check out our list to see where you can park for free as a local! First three hours of self-parking are free for locals: • The Aria • The Bellagio • Caesar’s Palace • The Cosmopolitan • The Cromwell • The Excalibur • The Flamingo • The LINQ • Luxor • The MGM & Park MGM • Planet Hollywood • Wynn & the Encore Free Parking across the board • Rio • The Palms As a final tip when it comes to visiting the strip: Check and see if the casino does any sort of parking validation. A lot of times they will give you free parking if you spend a certain amount of money inside, are a guest (on a staycation) or are a certain tier level among their rewards programs. Remember, it never hurts to ask. If you're visiting Las Vegas, be sure to check with your hotel about whether parking and valet services are included when you book your room. It's a cost worth factoring into your trip planning!
More Posts