Being a property manager is no easy task considering everything that you are responsible for. Whether your focus is on single or multi-family properties, there are many elements that go into having the right team to stay on top of it all. Thankfully, there are tips that you can use from some of the best property management recruiters on the market.
This isn’t just information that applies to finding line staff either. Applying these actionable insights can help your executive search if you need a vice president, CEO, or director.
1. Focus on the Job Boards Property Management Professionals Check
Job boards are great places to make people aware of the opportunities you may have available. Property management professionals will often use multiple channels to discover opportunities that may apply to them and this is one of the more popular outlets.
Be that as it may, experienced property management recruiters will tell you that it isn’t recommended to find every job board out there and put an ad on it.
Location scoping is self-explanatory. If you were to need someone in San Francisco or Orange County, it would stand to reason that you would target boards that would attract people in those locales.
However, you also want to bear reputation in mind. Boards such as Indeed and LinkedIn are useful options.
Sponsored boards also work, especially if they are well-known and often used in the property management industry.
2. Lean on References in the Property Management Recruitment Industry
Sometimes, the best way to identify candidates is through a network that you are already plugged into. For example, your current employees can be a big help. They properly know others who are qualified and would make great assets.
While it’s not always the case, you will often find that someone with a high work ethic and sense of direction recommends others that exhibit the same characteristics.
If you have an existing professional network, this could also help you to find the talent that you need to hire.
3. Ensure That the Description Targets the Subset of the Property Management Industry You Want to Attract
Property management recruiters who are successful tend to be able to describe their needs very well. Additionally, they can ask the right scoping questions to ensure that the qualifications and the personality are optimal for the business.
A mistake that some firms make in hiring is focusing exclusively on the set of qualifications that candidates bring to the table. Remember that employees have expectations too, and it’s always recommended to attempt to discover these as much as possible to ensure that they are realistic.
Finally, you must remember that your property management company will have an established culture, regardless of how formal or informal it may be. When you’re hiring, you need to validate how well the candidate will fit in considering they will need to work with a group of people who have already embraced the said culture.
4. Attempt to Attract Qualified and Licensed Candidates
While you want to achieve a personality fit, there’s no point in hiring someone who doesn’t have the licenses required to be employed in the property management industry. Whether the placement is for home owner associations, commercial premises, multi-family properties, etc., the qualifications need to be present before employment is granted.
Checking the validity of present licenses is also recommended. Thankfully, this should be pretty easy for you to do since you can always check in with the local Real Estate Commission to query it.
You also have recognized bodies such as the National Association of Property Managers and the Institute of Real Estate Management that can help you on this front.
5. Relevant Real Estate Experience Is Non-negotiable
Property management recruiters, while prioritizing qualifications, will also seek experience. While you’ll need to train any new person in your operational style, there should be a solid base for you to start the development with and that doesn’t come from just being qualified.
Whichever candidates you consider must have some level of experience in the industry unless the position you’re offering is that of an internship.
That’s why it’s also good to communicate the need for experience as precisely as possible. Perhaps you’re looking for someone who specializes exclusively in a certain discipline. One of the prerequisites for such a job would be a defined period of experience performing the tasks that the desired discipline requires.
6. Modern Approaches Are an Asset
The market consistently evolves and this is something that property management recruiters stay on top of. New approaches will come to light that make operations run more smoothly. For example, technology now plays a big part in the way property managers interact with and work for their clients.
You could argue that this has been the case for a while now and you wouldn’t necessarily be wrong. However, you wouldn’t be able to say the technology has remained the same. It’s the responsibility of those in the industry to ensure that they evolve with the times. The candidates who have done so and see the necessity of doing so will be great assets.
7. Use Recruitment Firms to Attract the Top Property Management Professionals
Top-tier property management recruiters will have nationwide expertise placing qualified candidates in roles for people like you. The techniques used will supersede any standard hiring process that you would use on your own.
Remember this is what they do. Therefore, they have optimized the process over a period of time. Additionally, they already have a network they can rely on.
Final Remarks
Property management recruiting isn’t easy, but with these tips, it can become a much more reliable process. The tips provided above can be used as a guide. However, the most important of these would be to enlist the services of seasoned property management recruiters.
With years of experience and a streamlined process, you need only communicate the objectives and culture of your business alongside the role-based needs you have, and let them handle the rest!
For a free consultation on your property management hiring strategy, contact us at info@questorg.com or 212-971-0033.
Sources
- https://www.linkedin.com/pulse/importance-experience-stephen-g-largy/
- https://www.forbes.com/sites/forbesbusinesscouncil/2021/12/28/four-reasons-to-hire-a-recruiting-agency–and-when-to-use-internal-teams-instead/?sh=5f5d65b84409
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