Property Manager Duties: Making Staff Changes Smooth with the Right Management Strategy
At some point, every community association will experience a management transition. It's only natural to wish for a stellar manager to remain indefinitely, but in reality, this isn't always possible.
Here's the dilemma: A talented manager often seeks career advancement. If the management company promotes them, they may have to move on. Alternatively, if their ambitions aren't supported, they might look for opportunities elsewhere. Either scenario results in the departure of a valued manager.
Understandably, this can lead to uncertainty among board members and residents. But with a management company that has a seamless procedure for transitioning property manager duties, the change can be managed with ease.
Preserving Institutional Knowledge
Transitioning managers often brings a slew of concerns: How quickly will a new manager become familiar with the community? Who should residents contact during the interim? How will financial operations and maintenance projects be managed? What about ongoing capital improvements and record-keeping?
Though turnovers are often seen as a negative reflection on management companies, they are widespread throughout the industry. Board members rightfully worry whether a departing manager will take all their acquired knowledge with them.
A management company that applies a team-based approach ensures that community knowledge doesn't reside with a single individual. A regional director, for example, who frequently collaborates with the property manager, will have established connections with the board and an understanding of the community's needs and issues. Moreover, experts in fields like accounting, human resources, and technology contribute to a shared pool of community insights.
Utilizing a secure technological platform to centralize community information can further streamline the sharing of knowledge. This ensures that even if the current manager is absent or departs, another team member can retrieve and utilize essential information efficiently.
Identifying the Right Match
Finding a new manager suitable for your association or building hinges on the regional director's active involvement. This familiarity allows them to identify candidates who align with the community's needs and character.
A structured process for hiring and training managers is crucial. A comprehensive set of resources for recruitment and training minimizes disruption and guarantees consistent quality of service, regardless of who assumes the managerial role. This process should cover thorough vetting, onboarding, and training, along with clear communication to residents about changes.
Boards sometimes participate in the final selection stages, but an effective community management company has the expertise to match the right person to your community. This ensures that a new manager will not only fit in culturally but will also serve the board with distinction.
The transition to a new manager is pivotal for a community's ongoing success. Although change is inevitable, it can be an opportunity to invigorate residents and instill a renewed sense of purpose, ultimately benefiting the entire community.