Are you a property manager looking to scale your business and boost your income?
Far too many property managers struggle to achieve profitability, making decisions that negatively impact revenue. Fleshing out your service offering is a great way to capture additional income and ensure you’re not leaving any money on the table.
In this post, we’ll break down the core property management services list, with products that create massive value for property owners. From leveraging advanced tenant screening to offering premium maintenance packages, each service add-on is a powerful revenue driver.
These value-boosting, income-generating services also differentiate successful managers from the rest. Want to be the “go-to” expert that property owners trust and recommend? Start thinking of your services as a value ladder that leads clients to more comprehensive solutions. By strategically expanding your offerings, you’ll do more than just manage properties—you’ll create recurring income, raving clients, and a business that practically runs itself.
What is Property Management?
While it may seem like a really elementary question on the surface, you might be surprised to learn that many rentals owners don’t even fully understand what goes into property management. Let’s be honest, they know they need a property manager because they don’t want to handle their rental upkeep directly. Still, for many owners, property management is almost a necessary evil, an additional expense that eats into the bottom line.
It’s important to position yourself as the solution to your clients’ biggest pain points. Shifting the perception potential clients have can make all of the difference. Remember, at its core, property management simply means taking care of everything that goes into a smooth rental experience: finding and screening tenants, handling rent collection, scheduling repairs, and managing those emergency calls at 3 a.m.
A really effective partner will maintain a comprehensive property management services list, with solutions designed to reduce pressure and noise for owners, all while protecting the property’s long-term value. If you can figure out how to demonstrate the impact these services will have on a prospective client’s investment, you’ll be in an ideal spot to close the deal.
The Core Property Management Services List
Every property manager has their own unique spin on how they serve clients and handle day-to-day operations. On a fundamental level, however, there is a set of staple services that successful property managers offer to ensure properties stay profitable, tenants stay happy, and owners feel completely at ease.
Whether you’re managing single-family rentals or large apartment complexes, this core property management services list lays the foundation for a smooth, efficient, and highly effective property management operation. These are the building blocks of any property management business.
- Tenant Screening and Selection – Verifying rental applications, conducting background and credit checks, and choosing reliable tenants.
- Property Marketing – Advertising rental listings on various platforms to fill vacancies quickly. This may also include traditional or “real world” advertising.
- Lease Management – Drafting, negotiating, and renewing leases, including ensuring compliance with local and state regulations.
- Rent Collection and Financial Management – Collecting rent, enforcing late fees, and providing monthly and annual financial statements.
- Maintenance and Repairs – Handling routine property maintenance, coordinating with contractors, and managing emergency repairs.
- Property Inspections – Conducting regular inspections to monitor the property’s condition and address issues proactively.
- Tenant Relations – Managing tenant communications, handling complaints, and fostering positive tenant relations for retention.
- Eviction and Legal Processes – Managing evictions according to legal guidelines and representing owners in court if necessary.
- Accounting and Reporting – Tracking income and expenses, providing owners with regular financial reports, and managing property budgets.
- Property Improvement and Renovation Management – Overseeing upgrades and renovations that increase property value and appeal.
- Compliance and Risk Management – Ensuring adherence to housing regulations, landlord-tenant laws, and safety codes.
- Move-In and Move-Out Coordination – Handling inspections, security deposit returns, and property preparations between tenants.
These services allow property managers to provide comprehensive solutions, maintain high occupancy, and maximize profitability for owners.
Go a Step Further with Premium Property Management Add-Ons
In today’s market, options and choice are game-changers in a consumer’s buying decisions.
Modern consumers value the freedom to select products or services that align with their unique needs, preferences, and lifestyle. By offering a variety of choices, property managers empower buyers, making them feel more in control and confident about their purchases. Options also create a sense of personalization, allowing investors to tailor your property management services list to meet their specific needs.
As a property manager looking to boost your monthly revenue and set your services apart, offering strategic add-ons is also one of the simplest ways to grow your profitability. Think about it—owners want premium options that give them peace of mind and make their properties more competitive in the market. By offering high-value add-ons, you’re not just upselling; you’re creating a customer journey that solves bigger problems and addresses specific needs.
Below you’ll find add-ons that you can consider for inspiration if you’re looking to expand your own property management offering.
- Premium Marketing Packages – Enhanced listings with professional photos, video tours, virtual staging, and social media ads for faster tenant placement.
- 24/7 Maintenance Hotline – Around-the-clock access for tenants to report issues, providing peace of mind to both tenants and property owners.
- Furnished Rental Management – Managing fully furnished properties, including inventory tracking and furniture maintenance.
- Short-Term Rental Management – Specialized services for Airbnb or VRBO rentals, including guest communication, turnover services, and dynamic pricing.
- Pet Management Services – Handling pet screening, pet fees, and pet-related damage assessments.
- Smart Home Technology Setup – Installation and management of smart locks, thermostats, and other connected devices for convenience and energy savings.
- Utility Management – Overseeing utility setup, billing, and switchovers to streamline the tenant move-in/move-out process.
- Enhanced Tenant Screening – Offering advanced background checks, such as employment verification, social media screening, and in-depth financial reviews.
- Rent Guarantee Program – Ensuring consistent rental income by offering an insurance-backed rent protection program to mitigate the risk of tenant non-payment.
- Move-In Concierge Services – Assisting new tenants with utilities setup, internet installation, and moving logistics for a seamless move-in experience.
- Regular Preventive Maintenance – Scheduled property upkeep, such as HVAC servicing, plumbing checks, and pest control, to reduce long-term repair costs.
- Eviction Protection Plan – Covering legal fees for eviction processes, giving owners confidence in their investment’s protection.
- Customized Financial Reports – Tailored reports on property performance, customized metrics, or tax-ready documentation.
- Green Property Initiatives – Eco-friendly upgrades, energy audits, and sustainability consulting to reduce utility costs and increase appeal.
Ultimately, building a comprehensive service offering is about more than just covering the basics—it’s about crafting an experience that makes clients say, “I want them managing my property.”
Start by incorporating the core property management services list that every property owner needs, and then think about where you can add next-level value with strategic add-ons. This will help you to set yourself apart from the crowd, grow your bottom line, and help your business to organically reach the next level.
Need More Help?
Are you struggling to dial in your service offering? Is your property management pricing structure not getting you the right results? Maybe you’ve already got a number of powerful solutions available to your clients, but your current processes have you chasing after your tail with no light at the end of the tunnel.
DoorGrow provides the industry’s leading consulting and coaching for property managers just like you. We’ve helped countless entrepreneurs to reach their full earning potential, and we’d love to help you do the same.
Schedule a free consultation today to get started.
4 Ways We Can Help You Get More Clients, More Freedom & More Money
1. Watch Our DoorGrow Training on 7 Different Growth Engines To Get Leads & Add Doors
Learn how we are so successful at rapidly scaling property management businesses by getting them free leads...
2. Join the #DoorGrowClub Facebook Group for PM Entrepreneurs
Join our amazing Facebook community where PM business owners support each other, we do valuable live streams, and provide useful resources. Get a series of free gifts for joining like the Fee Bible, PM Vendor list, and other useful resources in the group.
Be sure to JOIN THE GROUP HERE & answer all questions to gain access to this exclusive club for PM business owners.
3. Get Your Tickets to DoorGrow Live™ - Our In-Person Event!
Come feel the momentum and see why DoorGrow property managers are crushing it. Your business will be the sum of the PMs you are connected to. So come connect with the best & learn how to get to the next level of the DoorGrow CODE™.
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4. Get a Scale Roadmap Session with an Expert Coach
And if you ever want to get some 1:1 help, we can jump on the phone for a quick call, and brainstorm how to get you more leads, increase profits, and make the business easier, less stressful, & more efficient.
Just grab a time here: https://drgrw.com/start