Property Management Blog

Insights, tips, and industry news for property managers and real estate investors

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The VPI: Property Management’s Vendor Scoring System Explained

The VPI: Property Management’s Vendor Scoring System Explained

The methodology behind the rankings.

The Vendor Performance Index (VPI) is a proprietary scoring system for evaluating property management software and service vendors, utilizing a weighted index of six survey variables. It addresses bias through a dual-weighting system for reviews, ensures recency with a freshness decay model, and applies Bayesian smoothing to maintain statistical fairness. Additionally, it tracks vendor momentum to identify trends in user sentiment, aiming for transparency in rankings without the influence of biased reviews.

MS
Matt Speer
The Property Management Tech Stack Trap (Introducing the VPI)
Newsletter

The Property Management Tech Stack Trap (Introducing the VPI)

Issue 037 - PropertyManagement.com Weekly Newsletter

Property managers often fall into the trap of overindulging in software purchases without understanding their actual needs, leading to a lock-in with core systems. The Vendor Performance Index (VPI) has been introduced to provide verified performance data, helping managers make informed decisions based on real outcomes rather than marketing hype. The VPI aims to eliminate guesswork in selecting software by offering objective insights and accountability for vendors, promoting transparency in the industry.

MS
Matt Speer
Official Partnership Announcement: PropertyManagement.com x PMU
Newsletter

Official Partnership Announcement: PropertyManagement.com x PMU

Issue 036 - PropertyManagement.com Weekly Newsletter

PropertyManagement.com and Property Management University have partnered to launch an Asset Manager Certification aimed at enhancing property managers' financial understanding and client engagement. The certification includes a four-course pathway that equips managers with essential skills to better serve investors, transforming them from vendors to trusted advisors. The initiative emphasizes the importance of empathy and financial literacy in property management, encouraging teams to adopt a more asset-focused approach to improve service quality and business outcomes.

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Matt Speer
Partnering with Property Management University to Create Asset Managers Out Of Property Managers

Partnering with Property Management University to Create Asset Managers Out Of Property Managers

Why we teamed up with Jason Wolf and PM University to build the first verified education credential in residential property management — and what it means for the industry.

A partnership between Property Management University and PropertyManagement.com has led to the creation of the Asset Manager Certification, aimed at enhancing the credibility of property managers by equipping them with strategic skills. The certification includes four on-demand courses focused on aligning owner and operator perspectives, effective metrics, essential financial concepts, and the impact of everyday decisions on asset value. This initiative addresses the industry's credibility issues and aims to differentiate capable property managers from those who merely handle day-to-day operations, ultimately enhancing owner investment protection and growth.

CH
Charles Hattemer
The Agentic AI Future of Property Management
Newsletter

The Agentic AI Future of Property Management

Issue 035 - PropertyManagement.com Weekly Newsletter

Property management is evolving from basic AI tools to more advanced agentic workflows, which allow human staff to manage AI agents instead of performing manual tasks. The roadmap to autonomy involves personal and internal use of AI before engaging with clients. Maintaining high-level customer support is crucial as automation increases. Companies must adopt these workflows while ensuring current operations remain effective to avoid losing clients during the transition.

MS
Matt Speer
The Cold Water Paradox: The 30-Day Vacancy Cliff That Kills Owner Trust
Newsletter

The Cold Water Paradox: The 30-Day Vacancy Cliff That Kills Owner Trust

Issue 034 - PropertyManagement.com Weekly Newsletter

The Peak-End Rule significantly influences owner satisfaction in property management, with vacancy duration being a critical factor. After 30 days of vacancy, trust declines sharply, necessitating effective communication and maintenance coordination to retain owners. Firms must focus on real-time Net Promoter Score (NPS) data rather than relying solely on public reviews, as a high rating can mask underlying dissatisfaction. To succeed, property managers should proactively address owner concerns and enhance experiences during critical moments.

MS
Matt Speer
You Don't Have a Lead Problem - You Have an Accountability Problem
Newsletter

You Don't Have a Lead Problem - You Have an Accountability Problem

Issue 033 - PropertyManagement.com Weekly Newsletter

Most property management companies face an accountability issue rather than a lead problem. To improve sales performance, it's essential to audit processes, measure key metrics like speed-to-lead and contact rates, and ensure proper training for Business Development Managers (BDMs). Effective recruitment is crucial, as is maintaining competitive compensation. The focus should be on accountability and systems rather than merely increasing lead flow.

MS
Matt Speer
TrueMatch Algorithm Explained: How We Rate Property Managers (And Who Keeps Us Accountable)
Newsletter

TrueMatch Algorithm Explained: How We Rate Property Managers (And Who Keeps Us Accountable)

Issue 032 - PropertyManagement.com Weekly Newsletter

TrueMatch scores property managers based on performance, cost, trust, and experience. The Accountability Committee ensures transparency and fairness in ratings, while the Vendor Performance Index (VPI) will evaluate software vendors in the property management industry. The author emphasizes the importance of clear pricing and trustworthiness for property managers, and invites industry professionals to participate in surveys for better data collection.

MS
Matt Speer
How to Set Up Google Calendar Appointment Scheduling for Property Management
Good Practices

How to Set Up Google Calendar Appointment Scheduling for Property Management

Make it easy for property owners to book sales calls with your team using Google Workspace's free appointment scheduling feature

Google Calendar's appointment scheduling feature allows property managers to streamline booking sales calls and consultations. It integrates easily with Google Workspace, eliminating the need for additional tools like Calendly for most needs. Key steps include creating a booking page, customizing appointment details, and sharing the link. Best practices suggest blocking time for admin tasks and tracking booking types that convert to contracts. This tool enhances efficiency and can lead to increased property management opportunities without requiring extra subscriptions.

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Charles Hattemer
Why We're Launching the TrueMatch™ Accountability Committee

Why We're Launching the TrueMatch™ Accountability Committee

How independent oversight keeps property management rankings fair, transparent, and accountable

The TrueMatch™ Accountability Committee is being launched to ensure transparency and fairness in property management rankings. This committee will consist of operators, investors, and advocates who will review scoring methodologies, provide feedback, and hold the system accountable. Nominations for committee members are open until February 15, 2026, aiming to create a transparent scoring system that rewards property management companies for their performance and operational excellence.

CH
Charles Hattemer
Good Practices

Email Templates for Owner Survey Responses

Ready-to-Use Email Templates and Scripts to Boost Survey Response Rates

This guide offers ready-to-use email templates for property managers to enhance owner survey response rates. It includes templates for invitations, reminders, and follow-ups, along with subject lines designed to increase open rates. Strategies for team engagement, incentive messaging, and tips for capturing feedback during key transition points are also provided, emphasizing the importance of owner feedback for service improvement.

CH
Charles Hattemer
Good Practices

Why Transparent Pricing Is Your Property Management Company's Secret Weapon

Transparent pricing is crucial for property management companies to attract qualified leads, as 80% of property owners research fees online before contacting. Hiding prices can deter potential clients and attract price-sensitive inquiries. By clearly displaying management, leasing, and renewal fees, companies can filter for high-intent prospects and improve their visibility and trustworthiness. Implementing a transparent pricing page can significantly enhance lead quality and conversion rates, positioning companies as confident market leaders.

CH
Charles Hattemer

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