You can have the most desirable rentals in the world, but if you do not have a solid property management team, your occupancy rates are going to be low. Like any workplace, people determine the success of the company. So you want to make sure that your employees are skilled, work well as a team, and are enthusiastic about their jobs. Here are some tips to help you build the perfect property management team:

Hire The Right People

Hiring good people sounds easy enough with so many qualified candidates, but even hyper capable individuals may clash with other team members. So when you interview potential candidates for your team, make sure to include a group interview at some point to see how your current employees get along with them. Also ask them questions about how they work in a team setting.

Offer Opportunities For Advancement 

Most truly capable employees are ambitious. To keep these great individuals, you need to make sure that you offer opportunities for advancement. These opportunities come in a variety of forms from education to title bumps to offering financial incentives like bonuses if they meet certain goals. You can also offer them opportunities for lateral moves by cross training them to perform a variety of functions in your business. Giving employees the potential to learn and grow will keep them happy and will encourage them to work hard for your business. 

Have An Open Door Policy 

Good managers have open door policies. They welcome feedback from their employees and give them the opportunity to make suggestions for improvement. Allowing your employees to help improve the processes of your business creates a sense of personal investment. If you allow them to have a say in improving their jobs, they will be more motivated to come to work everyday because they will have a sense of pride in what they do. You can do this by allowing your employees to stop in whenever they want to make a suggestion or hold weekly team meetings where everyone brainstorms new ideas together.

Having a great team will ensure that your occupancy rates stay high. Hiring the right people, fostering growth, and encouraging employee input will make sure that your team stays happy, motivated, and working together to build your business. No matter what your personal leadership style is, you can easily build a great team with these simple tips.