- What should we budget to start?
- We do not publish a number, because a credible one depends on how many municipalities you can service, whether you want the rental side running at the same time, and what a door is worth to you. The honest method is to work backward: decide what a management contract is worth over its expected life, decide how many proposals it takes you to win one, and set the test budget from there. We would rather run one geography properly than four thinly.
- Should we advertise vacant units on Google?
- Usually not as the main play. Renters start on the listing portals, so your money generally goes further on syndication and on your own building and neighborhood pages. Paid search on the rental side earns its keep for your brand terms, for large or unusual properties that are slow to move, and for specific buildings where you have ongoing turnover.
- Is professional network advertising actually worth it for a management firm?
- It is worth testing, because it is one of the few ways to reach board members and community association managers who are not searching. The cost per click is higher than search and the intent is colder, so judge it on qualified conversations rather than on form volume, and keep the offer low commitment: a compliance guide, a transition checklist, an offer to review a current management agreement.
- A competitor is bidding on our name. Should we retaliate?
- Bid on your own name first, since it is cheap and it protects a click you already earned. Bidding on theirs is a judgment call in a market where board members talk to each other. If you do it, keep the copy factual and comparative rather than pointed, and expect them to notice.
- How quickly will we know if it is working?
- You will know within a few weeks whether the traffic is the right kind, because the search terms report and the call scoring will tell you plainly. Whether it produces signed contracts takes longer, since the decision runs through a board meeting cycle you cannot compress. We would review search terms and lead quality weekly at the start, and hold judgment on the revenue question until proposals have had time to reach a vote.