I was a manager for years before I realized the value of regularly scheduled, recurring one-on-one meetings, also referred to as 1:1s. In fact, I resisted them. "I already have too many meetings in my life," my self-talk went. "My people can reach me anytime they need me. There's no need to put more meetings on any of our calendars."Then, a new hire insisted on it. I begrudgingly began holding weekly 1:1 meetings with them. Before long, I realize ...
This recent headline from The Washington Post delivers some sobering news for multifamily professionals: Rent has never been less affordable, especially for the middle class.Here are some findings in a new report from the Harvard Joint Center for Housing Studies: Half of Americans spend more than 30% of their income on housing costs More than half of those same households have housing costs that exceed 50% of their income Rising r ...
What do you anticipate will be your greatest challenge(s) in 2024? Feel free to comment with other topics.
Apartment communities have notoriously high employee turnover rates, and the past few years have made hanging on to leasing and service professionals especially challenging. There are many reasons why staff turnover is costly to a rental housing organization. But is resident satisfaction one of them? You bet.Employee turnover and resident turnover are closely connected. Residents deeply dislike it when employee turnover occurs in their apartment ...
Here we are, two or three years into a labor shortage, and hiring is not getting easier for apartment operators. Companies and communities continue to limp along, short staffed. Customers who may once have been understanding have lost all patience with the resulting service delays. A tough situation gets tougher.How can you fill the empty positions on your team? Here are some success strategies I've uncovered via conversations with numerous renta ...
Feedback needed!
If your company pays an Employee Referral Fee when a person helps to recruit a friend to the organization, can you please share the following?
- Is anyone excluded from being eligible to receive an Employee Referral Fee? (For example, the hiring supervisor can't get paid because it's basically their job to hire) If so, who?
- Are there any time limitations on the payment? (For example, the new hire has to make it 90 days before...
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Also not eligible id they are a returning employee
For rent: an apartment in the house where Matt Damon's character lived in Good Will Hunting 👀
www.wcvb.com/article/good-will-hunting-house-apart…
OK, whose community is this? 😆
I spotted this on Twitter and can't help but think there's an application here for multifamily communities!
<<A Dutch supermarket chain introduced slow checkouts for people who enjoy chatting, helping many people, especially the elderly, deal with loneliness. The move has proven so successful...
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Thanks for sharing your experiences, Sergio! I'm curious about the Topgrading concept. it seems that the success or failure of that approach may come down to how well you have identified the top competencies required for the role. Who is responsible
Holiday Gift Giving for Multifamily Leaders
The holiday season is here, and you may be thinking about how to acknowledge the end of this hectic year with the team that supports you. There’s one thing I can assure you is on every one of your team members’ wish lists, and yet won’t cost you a thing. Recognition and gratitude from the boss is the gift your people are craving.
Thank you for sharing your expertise on this very important topic, Lilah. I hope none of our MFI family have to encounter anything like this during this holiday season - but your tips will help all of us to be prepared.
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Event starts in:
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22 May -
05 Jun
Multifamily News
- Resia Celebrates the Grand Opening of Resia Dallas West in Texas
- American Landmark Apartments Acquires Class ‘A’ Tampa Apartment Community
- KW PROPERTY MANAGEMENT & CONSULTING Welcomes Suzel Broe as Chief Financial Officer – Financial Services
- Mill Creek Announces Groundbreaking of Amavi Twin Lakes
- Northcap Commercial Arranges Sale of 2625 Van Patten St Apartments for $1,000,000
