PayProp launches State of the Rental Industry survey

PayProp is currently inviting property professionals across South Africa to share their current business practices, plans, level of confidence in the industry, and other insights in this year’s State of the Rental Industry survey.

Last year’s report revealed agencies’ fee structures, preference for managed rentals over procurement-only contracts, and investment in automation.

In a recent poll to review our survey design and effectiveness ahead of this year’s edition, more than a third (38%) of rental agency respondents reported they had adjusted their business strategies based on the previous year’s findings. Of those, more than half adjusted their fee structure to better reflect the value they offer, while more than a quarter had implemented new PropTech.

What will this year’s survey reveal about the residential rental sector? Share your views on the industry and be among the first to find out.