Once ‘Ugly’ Property Management Grows as U.S. Home Rentals Surge

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Meg McKennon’s workload has surged since the Seattle real estate agent switched to managing residential properties. Now she gets paid for finding tenants instead of buyers -- an easier task as rentals soar.

“In the past two months, my business probably came close to tripling,” said McKennon, who started management company Dwellings Seattle Real Estate in 2010 after selling houses for 15 years.