back to home page

Community Forum

Author	Message
06/28/2009 08:34:21	Subject: New Direction	[Up]
Latonia Harris Joined: 06/23/2009 19:19:52 Messages: 2 Offline	What suggestions do you have for Property Managers who feel stuck in their current position because their organization feel as if they are irreplacable as managers?

06/30/2009 10:06:26	Subject: Re:New Direction	[Up]
Tammie Carter Joined: 06/30/2009 09:56:55 Messages: 1 Offline	The best idea is to re-evalute your position. Find the things that you have mastered and find a way to apply them to your next position, even if you have to create one. I work for a small privately owned company as a Property Manager whose corporate office is in Georgia. Before this, I was a District Manager for 10 small properties. My goal is to master the system and then pitch the idea of making me the regional for my area. This will save the company thousands per year because the VP of Ops comes up once a year to visit four porperties that are literally 1 hour away from me in each direction. You have to make it what you want it to be!

07/17/2009 14:34:45	Subject: Re:New Direction	[Up]
Owen Ahearn Joined: 10/29/2008 19:29:04 Messages: 64 Offline	First of all I think the question proposed by Latonia was excellent and the respond by Tammie was excellent. I have a few thoughts on the matter... Generally an Asset Manager or a Property Manager is familiar with their inventory and their properties performance, but not of their own company. Generally, this information is shared in a closed circle that many managers would not normally be privy to. Perhaps the company is struggling and therefore they are concerned about the overall operations of the firm, more so than the people who work for it. In any situation, I would recommend that you perform at your highest level, right up until you leave or retire. What could you do to improve your performance and that of your company? What job skills or sets are you lacking or need to improve upon? Would additional education help you and that of your company? Have you completed your IREM education and taken follow up courses and seminars? Everyone should continue to improve their performance and stay educated in the industry! I would focus on what you could do to enact change at the developments you manage. How can you manage them better? What efficiency controls can you improve upon? If rents are doing well - how are the collections? Have you shopped your competition? Are you best positioned in the local market? Have you checked with your vendors and determined if savings can be made? During this time, lots of people are hungry for work and many vendors are reducing prices. Ask for discounts. Then after making savings and improvements speak to your regional manager or the person(s) you report to. Show them you are hungry for the position and that your ideas are not stale. You need to emphasize your value to the firm by showing productivity and bottom line results. Best of luck to you!

07/25/2009 11:54:26	Subject: Re:New Direction	[Up]
Jeffrey Laass Joined: 09/29/2008 08:49:58 Messages: 73 Offline	Good people are difficult to find and if you were to move up there'd be a gaping hole to fill. Sometimes there's a delicate balance between promoting people and keep good people satisfied enough to retain them in key positions. Find your replacement if there's a better and higher use for your skils that you can move into which will help you and your company.

08/04/2009 19:51:27	Subject: Re:New Direction	[Up]
Christopher Mellen Joined: 09/16/2008 11:19:56 Messages: 46 Offline	Hire good people and train them to replace you. Your boss will then see how valuable your HR skills are and realize that you get the job done through others. Ask for the promotion!!

04/17/2010 20:55:35	Subject: Re:New Direction	[Up]
Eric Orsbon Joined: 04/02/2010 10:23:32 Messages: 13 Offline	I agree with Chris M! If they truly skip you for promotions because you do a great job in your current position and they are too lazy to go through a change, find a new employer that does want to promote you. A great employer will not want someone to become stagnant. Of course stand back and evaluate everything to make sure you really are ready for promotion, and that they aren't actually being wise and seeing clearer than you are that you need a little more experience first. This message was edited 1 time. Last update was at 04/17/2010 20:57:54

06/26/2011 08:24:08	Subject: Re:New Direction	[Up]
Cristina Cornejo Joined: 06/26/2011 07:49:34 Messages: 3 Offline	Unfortunately, I presently find myself in a similar situation. After working for the same employer for the past 10 years as property manager, I have finally realized that I am stagnant in the position and am now working toward becoming independent. I agree with Eric O. There comes a point when it stops being beneficial to both you and the company to be stuck in a position and not have the opportunity to develop new skills or be promoted, no matter how irreplaceable they consider you to be. If the situation shows no signs of change or improvement, I would suggest to start looking for opportunities outside of the organization.

06/30/2011 10:00:18	Subject: Re:New Direction	[Up]
Marjean Pountain Joined: 09/20/2008 21:29:07 Messages: 18 Offline	After working my way to the "top" whereby I found myself managing people instead of properties, I decided to take the plunge and started my own consulting company. It was a daunting and scary challenge, but I am happy to report that I am doing well. Setting up a professional website was my primary expense, which helps market my talents to property management companies and others in need of help with special projects, setting up their own property management divisions or companies, etc. Thinking I might be a forgotten "has-been" when I left my corporate role, I found the opposite to be true. My CPM designation and reputation in the business community generated leads and people sought me out based on word-of-mouth communications. Don't be scared; be proud of your talents!

Forum Index >
Careers