Announcing the 2023 National PM Pricing Report

Pricing is the fastest way to improve profitability in your business. Period.

You know you need to improve your Revenue Per Unit. But how? There’s a lot of services you can provide and a lot of fees you can charge. But which convey the most value and will drive the most value for you? What are other PMs charging for, and how much are they charging?

IT’S TIME TO FIND OUT.

The 2022 NARPM Benchmark Is Now Full!

Keep up to date with the latest developments in the #BeatTheBenchmark Forum. Study results will be presented LIVE on Thursday, October 21st at the NARPM National Convention in Las Vegas.

Think you can guess what the new benchmarks will be? Don’t miss your chance to win big in the #BeatTheBenchmark game in the vendor hall at NARPM National! Come ready to play in Vegas!

Presented by

Ready to take your pricing to the next level?

Get early access to the 2023 National PM Pricing Report by taking the survey today. This survey will produce a report of insider insight, and only contributors will be given free access.

What will be included in the pricing report?

Join the 2022 NARPM Benchmark Study to boost your own financial performance and help create more PM success stories like these:

“I signed up for the first benchmark study, and honestly didn't know what to expect. …I didn't necessarily expect it to help transform my business, but that's exactly what happened. Not only was the data from the study helpful, but the 1:1 Financial Performance Review was incredibly eye-opening and helped me turn my business into a highly profitable saleable asset. Four years later, I did sell, and so I'm still reaping the benefits of participating in that first benchmark study!”

"After a painless conversion to the NARPM Accounting Standards, I've already gained actionable insights by being able to see where we measure up to the industry, especially on a few key benchmarks, and now we have a clear roadmap for getting to top profitability. I've never had a better picture of our financial performance, and I'm really excited about where we can go from here!”

“Converting to the NARPM Chart of Accounts has made a huge difference in our year-to-year reports. Not only are we understanding our financial performance with greater clarity, we now have a much clearer line of sight on where we can improve to maximize profitability. That increased clarity is producing great results for us!”

How it works

Take the Survey

It only takes 10-15 minutes to complete the full survey. Your data will be aggregated with all other respondents’ data to provide industry-wide insights.

Compare Your Results

Once we have a sufficient sample set (target range of 100-200 contributors), results will be released - free for contributors - and you’ll be able to see where your clear opportunities for improved pricing are.

FAQ

WHY SHOULD I PARTICIPATE?

Only contributors will have free access to the results of the 2023 National PM Pricing Report.

WILL MY DATA BE KEPT CONFIDENTIAL?

Your data will be kept strictly confidential, and will not be shared with any 3rd parties.

HOW MUCH WORK WILL THIS TAKE ON MY PART?

All you’ll need to do to contribute to the 2023 National PM Pricing Report (and receive the report for free), is complete the 15 minute Pricing Survey. That’s it!

AM I ALLOWED TO SHARE THIS INFORMATION?

We are conducting a national pricing comparison report based on aggregated data across many companies and markets.

However, it is likely in violation of federal or state antitrust laws for there to be understandings or agreements among property manager on competitive topics such as:

Prices and fees that property managers charge;
Services or packages of services that property managers provide

Property managers must make individual company-by-company decisions in all of these areas and must not have understandings or agreements with other property management companies about these topics.

2023 Pricing Survey