It was obvious to me that Renters Warehouse was something very much needed in Miami and would achieve immediate success.
Miami, FL (PRWEB) August 18, 2016
Renters Warehouse, one of the largest and most awarded residential property management firms in the country, has named Rick Drew the new Market Leader for the Miami-Dade County office.
Drew comes to the Renters Warehouse family with more than 20 years of sales and marketing management experience with one of the largest resort developers in the world.
“I have dealt with renting in Miami and found it to be arduous at best,” says Rick. “In the past, Miami has lacked a conduit for tenants looking for rentals or landlords looking for tenants, something that Renters Warehouse provides. It was obvious to me that Renters Warehouse was something very much needed in Miami and would achieve immediate success. Joining the team was a natural step for me.”
Renters Warehouse manages more than 16,000 homes for over 12,000 investors across the country, and about $3 billion worth of residential real estate.
Drew joins the Renters Warehouse team just as the Miami-Dade County office has become part of the company’s corporate family. It originally opened as a franchise in February 2015.
“Bringing the Miami-Dade County office into the corporate family opens up major growth opportunities,” says Matt Leavitt, Regional Vice President of Sales for Renters Warehouse. “Corporate has a vast array of resources to support the marketing efforts, customer service and property management knowledge we have in Miami, along with marketing and financial resources to achieve much greater results in a substantially faster time frame.”
Matt expects the Miami-Dade County office to be managing hundreds more properties within the next year now that it has all the power of the corporate office behind it.
Renters Warehouse corporate also brings with it a new Portfolio Services Division that uniquely serves larger, mid- to institutional-level real estate investors with both centralized services and local market expertise and staff, allowing investors to relax knowing their properties are receiving first-class care.
Miami is truly a city of renters. In 2015, New York University’s Furman Center found that 65 percent of the population of Miami rents, the highest of any of the big cities in the U.S. Miami remains among the most expensive rental markets in the U.S., ranking 8th in Zumper’s National Rent Report for August. By the end of 2016, average asking rents are forecast to reach $2,043.00 per month, up 2.6 percent year over year. Vacancy is anticipated to increase to 3.6 per cent, remaining among the lowest in the country.
Visit http://www.renterswarehouse.com to find out more about our signature Free Home Rental Price Analysis, Free 18-month Tenant Warranty, and low, flat rate 24/7 Property Management at just $99.
About Renters Warehouse
Renters Warehouse is one of the fastest-growing and highest-reviewed residential property management companies in America, and the largest in Minnesota. Under the leadership of President and CEO Kevin Ortner, Renters Warehouse now manages more than $3 billion in residential real estate, servicing 12,000+ investors across 16,000+ residential homes in 33 markets and 18 states. The company expertly serves everyday single-property homeowners as well as real estate investors. Through their dedicated Portfolio Services Division, Renters Warehouse brings professional, scalable and efficient single property management solutions to investment portfolios with both centralized services and local market expertise and staff. In 2015, the company officially trademarked the term Rent Estate™ to redefine the entire SFR (Single Family Rental) industry as more traditional real estate gives way to this new lucrative asset. Not only has Renters Warehouse received the prestigious honor of being included on the Inc. 500 | 5000 list of fastest-growing privately held companies in America seven consecutive years in a row, this Great Rated company was also named one of the “Best Places to Work” in Minnesota (where they are headquartered) by the Minneapolis St. Paul Business Journal in 2010, 2011, 2012, 2014, 2015 and 2016, and by the Phoenix Business Journal in 2013 and 2014 (first franchise location). Renters Warehouse Arizona also achieved a spot on the prestigious 2016 Top Companies to Work for in AZ list. Nationwide, Renters Warehouse has been honored as one of America's "Best Places to Work" in 2012, 2014, 2015 and 2016 by Outside Magazine. Recognized as pioneers in real estate, business management and innovation, Renters Warehouse has been honored with 18 Business Stevie Awards both internationally and stateside.