Yesterday was Women’s Day and after watching the evening news that showed clips from around the world it got me to thinking about how Women have impacted the Property Management profession.
Currently, I would wager that the majority of property management companies are owned or managed by women and that makes sense to me. Why? Women want security of income and property management provides that more than a real estate sales profession. Women tend to be more adept at multi-tasking and attention to detail and women tend to be in the service business in life and professionally. Women are about relationships and property management is all about long term relationships.
Another fact is that the majority of new small businesses are started or owned by women. Why is this true? Well from my personal experience there was no glass ceiling to my own success. I reaped the financial rewards of my hard work and owning a small company provided stability. If you have ever been laid off you know what I am talking about.
I have traveled the world and I have always been very cognizant that I am extremely blessed to have been born in the United States. I have opportunities that wouldn’t be available to me in other places around the globe.
The work place still has a long way to go to create a culture that is welcoming to all and equal in performance and pay but progress can be slow. What matters is that progress is being made. Until there is more equality in the work place women will continue to look for opportunities to be the masters of their lives and careers which will mean more women businesses.
LandlordSource was founded by a woman and the torch is being carried on by a woman. I look forward to serving all those professional property managers who are striving for excellence in our profession no matter the gender.
Kathleen Richards, is the owner of LandlordSource and The Property Management Coach. With her 12 years as a broker/owner of a property management company she speaks from experience. She authored Property Management A-Z and teaches regularly at community colleges and conferences on property management topics. She is active in her field and holds professional designations as Master Property Manager (MPM®) and Residential Management Professional (RMP®) from NARPM®. Kathleen has served at the local and state level on the boards for NARPM® (National Association of Residential Property Managers).
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