Jul 1, 2019 – If you haven’t driven through Dallas Texas in the past year, don’t be shocked if things look quite a bit different than you remember! According to the bureau of labor statistics, the DFW metroplex added an astonishing 116,400 jobs in 2018 putting the areas job growth ahead of any city in the country including New York City.
With this extreme demand for real estate in the metroplex, most would assume that property values would be sky rocketing. While the metroplex surely has not had any real estate recession, there aren’t any notable concerns regarding inflated property values resulting from new corporate headquarters moving into the area such as Toyota or State Farm. This new influx of jobs to the area has caught the attention of many multifamily builders looking to capitalize on this increased demand for housing. The Dallas Business Journal reported that over, “17,000 new apartment units are projected to come online by the end of this year in Dallas-Fort Worth, making the area the second-hottest multifamily market in the nation behind New York City.”
With this new demand for affordable multifamily housing, relocation and apartment locating companies catering to this niche are thriving. Traditional multifamily or apartment locators make their money through property management companies paying them a referral commission for bringing them clients. One company quickly making a name for themselves in this area is an apartment locating company “The Apartment Saver.” The start up style company helps clients choose an apartment, provides them access to a number of rent specials, and even offers a concierge to help their clients price shop utility services such as cable and internet. Companies like aptsaver.com are growing at a rapid pace and are affordable to everyone because they’re… well, they’re free. Remember, the property management company is paying them to bring clients so taking advantage of their service is often as simple as writing your name on an apartment application.
Some real estate professionals suggest that this new surge of multifamily real estate buildings in the DFW metroplex will lead to an over supply of apartment units. While projections don’t necessarily support a looming “over-supply” of multifamily units, it is very likely that corporately owned management companies will continue looking to real estate professionals and relocation companies to help fill their occupancy.
Company Name: Apt Saver
Contact Person: Media Relations
Email: Send Email
Address:1601 Elm St.
Country: United States