One of the fundamental components of strong leadership is a deep-seeded understanding that leaders lead people, not tasks or projects. And while financial performance is, of course, an important part of your property management company’s longevity, it’s the employees that actually drive success. It makes perfect sense, then, that people should be the primary focus of your leadership approach. When leaders help others, everybody wins.
When it comes to marketing, there’s always a lot of talk about what strategies to use, where you should focus your efforts and what the most effective tools are for gathering leads. But what happens when all your hard work pays off? When those leads start rolling in, a good portion of them will inevitably have questions, and how you respond to those inquiries can spell success or result in failure. We’ve rounded up five commonly asked questions from property management leads and provided a little bit of direction as to how you should consider answering.
We recently shared some tips on how to make your professional networking more worthwhile. But what happens if you’re struggling with initiating that communication in the first place? The truth is, in property management, connecting with people on a daily basis is a critical part of doing your job, whether it’s getting help from a colleague, discussing something with your boss, contacting a client or reaching out to a vendor. More importantly, you have to do so effectively. If you are making any of the following four mistakes, it could be harming your chances for ongoing success.
Without question, when it comes to hiring top talent, we are currently operating in an employee’s market – especially at an executive level. Today’s candidates have their pick of positions, enabling them to be as selective about who they work for as hiring managers are in choosing the right individuals for their job openings. The following will help you strike a balance that allows you to weed out your options and hone in on only those that are best suited for your property management company, and then tailoring your approach to woo them most effectively.
In a world of increasingly digital communications it’s somewhat surprising to learn how much people still value face-to-face connections. In fact, 85% of professionals today say that in-person meetings allow them to build stronger, more meaningful business relationships. Networking with other like-minded individuals provides the opportunity to establish mutually beneficial professional connections. Additionally, the strategic collaboration and thought-sharing that is facilitated through networking can help drive creativity and innovation that can be applied within your property management business.
That being said, here are five tips to help you bring your networking skills to a whole new level.
Every savvy business professional knows that keeping customers happy is a critical component of success. But what happens when something goes wrong, like an unexpected delay? Is there a way you can still salvage that relationship? In most cases, the answer is yes – provided you adequately manage the client’s expectations.
Part of the job of someone in management is to lead, nurture and support the employees who report to them. The goal is not just to get people to do their jobs well, but to find a way to keep them happy, plugged in and engaged. The more satisfied your employees are, the better your property management company will run and less you’ll have to deal with the hassle and expense of high turnover. To work toward this goal, here are a few words of motivation and encouragement to add to your repertoire.
Whether you’ve already reached the property management C-Suite or you’re currently working your way up the ranks, it can be helpful to know what things others who have already achieved success at the executive level have in common. While there are obviously no magic formulas or one-size-fits-all solutions to being a great leader, there are some characteristics that many in these positions share. Identifying, developing and nurturing these traits can help you achieve similar results. Let’s take a look at a few of these traits below.
Over the past several years, companies across the globe have begun to recognize the importance of having a strong, positive workplace culture. As such, many have focused their efforts on defining the unique vibe that makes them who they are and fostering that culture amongst employees. Thankfully, achieving this goal for your property management company isn’t nearly as challenging as it may seem – particularly when you know just what “perks” will get your employees on board and fully engaged. Here are a few ideas to get you started.