Multifamily Weekly: Curating your Property Dream Team
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Property Staff Retention: A Property Manager’s Guide to Motivating Staff
As a property manager, you know that keeping residents satisfied is a key component of keeping operations afloat. But who works to meet residents’ needs? Your property staff. That’s why caring about property staff retention is paramount to successful property management.
If your team feels appreciated and seen, they’ll continue providing excellent service and care to residents. Read on to learn more about property staff retention, why it’s important to avoid employee turnover, tips for improving retention, and how proptech can help.
3 Tips to Attract and Maintain Quality Property Managers
“With such a competitive labor market, companies are having to think smart and get innovative when it comes to attracting and maintaining quality talent. For most companies, that means offering unique benefits such as work-from-home options or flexible hybrid office options. But for industries that don’t have this option, how do companies stay competitive?
Management companies are no exception when it comes to the great resignation, and one of the most important roles they need to continue to hire for are property managers. With these roles being on-site and not an option for remote work, it is essential that they attract quality candidates to manage properties.”
5 Tips for Preventing Property Manager Burnout in Multifamily
Hiring and retaining property management staff is currently a teeth-pulling endeavor. The multifamily employee turnover rate was already high even long before the pandemic, but retaining top talent seems harder than ever. And one aspect of this problem that often gets overlooked is property manager burnout.
To paint a fuller picture, we’ll go over the causes of this burnout, the additional costs of staffing properties in the post-2020 world, and tips on successfully addressing these problems to retain property staff members.
3 Tips to Connect Team Members to Your Culture
“For leaders who are pulling out all the stops to ensure your valued team members stick with you (that’s ALL multifamily leaders right now), here are some thought-provoking new metrics on employee engagement from a study by Gartner.”
3 Property Management Training Basics to Maximize Your Team’s Efficiency
Successfully training new property managers is a foundational part of resident retention. Your residents expect the building to run smoothly, regardless of your new property manager’s start date.
Coaching new property managers is key to streamlining property operations and increasing your bottom line. Creating a comprehensive and efficient property management training system will take your property to the next level.
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