Did you know that hourly employees make up 59 percent of the workforce? That equates to about seventy-eight million people. There are a number of advantages to hiring hourly vs. salaried workers, including the ability to better control costs and save on benefits. Yet, despite the fact that the pool of candidates is so vast, hiring and retaining quality hourly staff can be a remarkably challenging undertaking. If you’re interested in leveraging an hourly workforce for your property management company, here are a few tips to help make the process easier and more productive.
Growth is almost always on the list of priorities for property management companies. Without the right planning and execution, however, your organization will face the real risk of either growing at a slower rate than it’s capable of or not growing at all. Either way, your profitability will suffer as a result. But where to begin?
Every property has its own features that make it stand out from the rest. As a property manager, it’s your job to figure out what those special features are and adequately showcase them in order to rent vacant properties quickly. Thankfully, you don’t have to be a professional photographer or even an experienced marketer to accomplish this. You just have to take the right approach. Below are a few simple yet effective tips for putting your properties’ best foot forward.
As a busy property manager, you have a lot on your plate. From scheduling meetings and responding to emails to handling maintenance requests and so much more, the ability to multitask isn’t just a luxury. It’s a necessity. Unfortunately, this talent isn’t always innate. For some, it requires a certain degree of training and practice. But by taking the steps to learn how to multitask effectively, you can increase your productivity and stay a step ahead of the competition.
These days, online payments are used for everything from buying groceries to paying utility bills. The ability to pay in an instant from anywhere (without the hassle of paper checks) is something most people appreciate – including your customers. If your property management company isn’t offering an online payment option, you’re most certainly missing out. It’s simple, convenient and mutually beneficial to both parties. Here’s how.
One of the biggest challenges organizational leaders face today is finding a way to genuinely connect with customers. In an increasingly digital world, it’s easy for executives to become lost in a sea of tweets, webinars, podcasts, social media ads, etc. Forward-thinking C-suites must work tirelessly to remain focused on the customer and serving their needs. Let’s take a look at a few strategies for building a customer-centric culture that will help your property management company succeed and grow.
Let’s face it. Property managers are a dime a dozen. The only way to realize true, sustainable success in such a saturated industry is to find a way to cut through the noise and stand out in a crowd. You don’t want to be just another fish in the sea. You want to position yourself as a leader and a trusted resource in the industry. To do this, you need to build a business that can’t be replicated. And if you want different results than your competitors, you have to be willing to do things differently. Here are four ways to do just that.
Performance reviews are a necessary evil in any business, and property management companies are no exception. These meetings are what keep everyone on the same page and help to push forward to achieve individual goals. And while bringing managers and employees together in a healthy exchange of feedback can produce great results, reviews often dreaded by both parties. The good news is, by taking the following steps, you can make the entire process a stress-free experience for everyone.
You probably already know that content is king. But creating a winning content strategy is about more than just writing the occasional blog post. It’s about awareness, consistency and distribution. And it’s a critical part of staying competitive – especially given the property management landscape. Content can help you attract, connect with and, most importantly, develop trust with your target audience. Below are five tips for creating a more consistent, ROI-producing content strategy for your business.
Keeping your property management business strong and healthy is no easy feat. A big component of success in this area is company culture. With the right internal atmosphere, you can develop and grow a highly engaged, motivated and committed team of talented professionals who will work together to drive your company forward. If your culture is suffering or you’re unclear on which path to take to get to a better place culturally, the following tips should help.