Business View Magazine - November 2024

CRM Properties will undoubtedly continue to lead the industry with its customer-first mindset, innovative use of technology, and dedication to operational excellence. For investors seeking a reliable and forwardthinking partner, CRM Properties stands as a prime example of how property management can be done right, ensuring long-term profitability and tenant satisfaction. understand exactly what needs to be done and make informed decisions. Given that many of CRM’s clients are located across different states and continents, the company ensures that these clients stay informed throughout the renovation process by providing detailed videos, photographs, and updates. The renovation arm of CRM Properties operates with a mix of in-house technicians and subcontractors. However, like many in the construction and property management sectors, CRM faces challenges due to the ongoing shortage of skilled labor. Despite these challenges, the company has built strong relationships with its vendors and subcontractors, particularly in its larger markets, to ensure timely and high-quality work. While smaller markets can sometimes pose challenges in finding vendors who meet CRM’s high standards, its reputation as a key client often helps secure top-tier subcontractors. “We’re at an advantage being as large as we are, that we can be a key client with many of our vendors, so we build relationships with our vendors just like we do with our clients and residents,” Mullinax notes, emphasizing the importance of collaboration and trust in ensuring the best outcomes for their projects. As CRM Properties continues to grow, the company remains committed to leveraging technology, refining its marketing strategies, and providing high-quality renovation services. This multi-faceted approach has not only allowed CRM to thrive in a competitive market but also positioned the company as a trusted partner for investors seeking to maximize the value of their properties. In the years to come, the company anticipates much more regulation in the property management industry as a whole, as well as big shifts following more technological advancements. PREFERRED VENDOR/PARTNER n Thermodyn Inc. www.thermodyninc.com Thermodyn Inc. specializes in heating and cooling solutions for residential and commercial clients. We also offer basic plumbing, electrical services, and commercial refrigeration. Our highly trained staff and technicians will ensure quality work and customer satisfaction. Contact us for comprehensive service details, product information, and more about our company. 120 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 11

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