Is the Block Management Business Model Broken?

Findings from the Fixflo Leasehold and Block Management Market Report 2019 revealed that the vast majority of block management companies have achieved portfolio growth but few managed to improve their profitability proportionately.

To find out why many managing agents are challenged by low profitability, we were delighted to co-host a breakfast roundtable discussion with News On The Block and invited property professionals from different regions. We've summarised the roundtable discussion into an ebook, covering these areas:

• Why are block management companies challenged by low profitability
• How are misaligned expectations affecting block management companies and their clients
• Alternative ways for block management companies to charge clients