Enter your email address for weekly access to top multifamily blogs!

Multifamily Blogs

This is some blog description about this site

Is Your Self-Esteem Holding You Back from Climbing UP the Career Ladder?

Yesterday I was reading an update from a great blog posted on this site.  It was a lively discussion concerning the need for a college degree to advance your career.  The topic really got me thinking about my own journey and how I had achieved my career success without a college degree.    First let me state; this message is not about skipping a higher education and taking your chances in life.  This is about the emotional side of career success, not the tangible skills you will receive from a formal education.     So let’s get right to it.  When you look in the mirror what do you think, or more importantly feel, about the image staring back at you?  It’s time to take a hard look at what you are saying to yourself and the impact it has on your life.  Self-image is how you see yourself in relation to others. This is the idea you have of what kind of person you are, which could also be called self-concept. It is very important as it affects your self-esteem and confidence.   Self-image includes: ·      What you think you look like physically ·      How your personality comes across ·      What kind of person you think you are ·      What you think others think of you ·      How much you like yourself or you think others like you  Self worth is tied very closely to our self-image. Self worth can be described as a personal judgment of worthiness that is expressed......
Continue reading
1833 Hits
2 Comments

Apartment Industry Offers Wealth of Opportunities to Job Seekers

(These are excerpts from an NAAEI press release, with the exception of the last line.) As the nation’s unemployment rates slowly recover, the apartment industry continues to see strong demand for new employees in order to keep up with a growth rate that is expected to increase as people opt to rent apartments. Approximately 35 percent of U.S. households are renter households, according to data from the U.S. Census Bureau. That number is up 4 percent from 2004. It is likely to climb even higher as the number of renter households increases anywhere from 360,000 to 470,000 annually over the next decade. Ultimately, that increase will translate into the creation of more well-paying jobs in the apartment management industry, which has come through the recent recession relatively unscathed by the layoffs and downsizing that have plagued other businesses. “The reality is that at no point in time have we seen a significant reduction in the number of apartment units in the United States,” said National Apartment Association Education Institute (NAAEI) President Maitri Johnson, CAPS. “Every year we keep adding to the apartment stock, and we keep adding jobs. That has not been the case with many other industries during the past few years.” The multifamily housing industry employs more than 1 million people, not including the thousands of others working in industries that provide products and services to apartment communities. Large national apartment management companies may hire as many as 2,000 new employees in any given year. These employees often come......
Continue reading
1261 Hits
0 Comments

Hiring for the Apartment Industry? Rewriting the Interview!

How would you describe your ideal job? What are your strengths and weaknesses? Where do you see yourself five years from now? What can you tell me about our company? If you have experience as a hiring authority, or, for that matter, if you have ever interviewed for a job, these questions will sound painfully familiar. They are part of the traditional litany of interview questions lobbed at almost every job candidate. Those questions, along with another 50 or so standard questions, can give you a decent picture of what kind of employee the candidate will make. But is that all you need? This is my second decade in the recruiting industry, and I have had the opportunity to work with hundreds of hiring authorities and job seekers. A recruiting firm has a unique role in the interview process. Since we work with both parties, it allows us to provide and educate both so that the desired result is achieved and the right candidate matches up with the right employer. It is our job to help the hiring authority find the best fit for her company and make sure that she is evaluating the candidate effectively. This article will discuss what the right interview questions are and why it’s so important to ask them. What are the right questions? It is important to understand everything you can about how the candidate will perform her job in your office. You want to understand her career goals, and you want to make sure......
Continue reading
1810 Hits
2 Comments

Apartment Jobs:  One Giant Tip To Getting Promoted

I wonder if they’ll let me leave early today? If I stay a little longer for lunch, nobody will notice If they don’t see my computer screen, they can’t see that I’m really shopping for new shoes I once worked with a person who was always leaving early, would always slough off her work onto her assistant manager, and really never seemed to care about growing the business unless her boss called.  But when the potential for a promotion came up and she didn’t get it, that’s so not fair!  I have seniority! I have worked with another person who always did the bare minimum, except for when bonuses were around the corner, where he would suddenly turn into a superstar.  Needless to say, he was always disappointed and felt cheated. It never ceases to amaze me how many people are very adept at lying to themselves about how hard they work or what value they bring.  They consistently make choices that put themselves over their job, and yet can’t understand why they are bypassed for promotions over and over.  When people simply try to “look busy”, that might get them from being fired, but it doesn’t show anything special.  It doesn’t bring new ideas to the forefront, and it doesn’t send the message that the company can’t live without that person.  If you read MFI blogs long enough, you start getting lessons behind the lessons.  In other words, there are hidden secrets embedded into the blogs that are keys to......
Continue reading
2719 Hits
5 Comments

Hire Me: Getting Hired for that NEXT LEVEL Position!

As an approachable leader and champion for both multifamily and my company, I’m asked almost daily how to get to the next level. They’ve taken classes, have a degree, a designation or two and yet their career with their current company is at a standstill. Professionals want to grow, to make more money, to be challenged, to feel like they’re making a contribution, to make their mark… but they’re often unsure about how to find a new position. You might be thinking this is a no-brainer; you’ll just head to an internet job board, type in the type of position you want, and search through the hundreds or thousands of results. Maybe you’ll apply to all of them, I mean… the more you apply to the better your chances, right? To quote one of my favorite plays, Death of a Salesman, “It’s who you know, and the smile on your face! It’s contacts, Ben, contacts!” Sure, applying to any and every position that even slightly resembles what you’re hoping to do, does seem to make sense, statistically. But, you’re going to burn through a lot of energy sending dozens of resumes and cover letters, why not put your time to a little better use and start networking, instead? NETWORK The multifamily housing industry affords us so many places to connect with likeminded professionals. From peers to potential supervisors, interacting has never been easier. Have great ideas? Share them… people will take notice.  Super smart firecracker? Let your personality & knowledge ......
Continue reading
1480 Hits
0 Comments

What color is your future?

Looking at returning to property management, I also completed reading the book, "What color is your parachute."  This book talks about expanding your horizons both in a soft job market and to look at alternative positions you could explore and be happy with.  As an example, before apartment management I managed enclosed malls and had my introduction into property management with the office side of the industry.  Today we also have HOA management, condominium management, other facilities and asset management with similar tasks and challenges.  I always knew hospitality or hotel management was similar in many ways, having hired a few great people from this industry.  This has led me to look at similar industries as well as alternative positions.In todays ever changing business environment, we cannot limit and should not limit ourselves.  Being open also creates new opportunities.  As an example, I have no reluctance in accepting a site position with the right company.  Unfortunately, several interviews I have had all led to the same concern, "You know you are over qualified."  In one interview the person interviewing me made the statement three times, as if expecting a different response each time.  Of course after the second time she made the statement I am thinking the interview is basically over and her mind has already been made up as to further consideration.  My response has been, "it is not about a title, it is about doing what I love and which is property management."  In the past I have hired......
Continue reading
1138 Hits
0 Comments

Team Building (part deux); The Apartment Developer's Dilemma

In the first installment of Team Building, we discussed the three key predictors of a developer’s success; the Get It Factor, Communication Skills and a History of Success. For those of us who are used to trying to isolate more tangible items in an interview, this concept can seem a bit too touchy-feely.  But truth be told, it is the touchy-feely items that are actually critical for success in a strategic role. You have to agree that we cannot attribute the success of Donald Trump, Mack Pogue, Trammel Crow, Jorge Perez, Robert Tishman, etc. to their abilities at running excel spreadsheets. Equally clear is the fact that the ability to generate pivot tables has had virtually no effect on your career’s trajectory either. So then why is it that we use this as an entry requirement into our profession? Sadly, the most obvious answer is also the most truthful- we do it because we are lazy. If we, as the leaders of our organizations, would simply accept the notion that the role of developer was ALWAYS a strategic role, then it would be inconceivable for us to rely on tactical skills in the hiring process. We must begin to respect and understand the entirety of the candidates’ potential, if we want to choose folks who can grow into developers that we want to have on our teams. Each of us has a couple of components that make up our potential (I call this potential our ‘toolbox’). The toolbox is comprised of......
Continue reading
1773 Hits
2 Comments

Apartment Jobs: How Social Media Is Affecting Recruiting and Hiring

I have been having a discussion more and more with employers about how they fill their job openings, and each time, they give me a “wow, I haven’t thought of it like that before” moment!  So here is the revelation on how social media is affecting the recruiting process for apartment jobs. I was talking with Patrick Morin the other day, and he mentioned that one of his top hiring questions is what self education has the job seeker done over the past year.  In other words, he’s not asking what education the person’s prior company required them to do, but rather what education they went out on their own and completed.  That speaks volumes, right?  If someone is willing to spend their own time, or even their own money on education, what type of employee will that person be? When you see people interact on Multifamily Insiders blogs or discussions, or on an industry LinkedIn group, for example, you are not seeing a random sampling of the industry.  Instead, you are seeing the most dedicated and career oriented people our industry has to offer.  The Insider community is the most driven and self-motivated group in the multifamily space, and they prove it every day by participating on this site, attending industry webinars, and showing they are more than just the average worker.  On the other hand, do you think someone who sees their job as "just a job" is going to take the time to read a blog post about......
Continue reading
3223 Hits
8 Comments

Team Building; The Apartment Developer's Dilemma

One of the great challenges in development team building comes down to composition. We ask ourselves; What are my immediate and long-term needs? What skills are important in my new hire? How do I find and choose the best candidate for my organization? The reason that these questions are more daunting in development than other careers is because of the vastly diverse set of skills that must be present in order to create a ‘successful’ developer. It’s not like hiring an accountant. At first blush, we might say that hiring for a new team is very different than hiring for an existing one. The reason being that with a new team, we know that need a comprehensive skill-set (an A to Z guy), whereas with an already operating team, we might feel that we can simply hire to address our immediate need- what I call a ‘fill the hole’ mentality. For those of you familiar with my blog and the School for Development concept, you already know that this is the exact wrong solution. We cannot continue to make tactical hiring decisions for development roles because a developer is always a strategic position. When we don’t approach our strategic positions strategically, we increase our turn-over and consequently add chaos to our organizations.  So what should we look for when evaluating a candidate? In my experience, there are three primary qualities that are essential predictors of success for anyone who embarks on the developer’s path. And I choose these three because being......
Continue reading
2650 Hits
2 Comments

Who I am, Who I’m Not and Who I Want to Be!

I was listening to The Fray this morning and one of my favorite songs of theirs (though I really do like them all) is You Found Me. In that song is a verse that really speaks to me and inspired me to write today's blog, it is: “Who I am, Who I’m Not and Who I Want to Be” And it got me thinking about those things and how easy it is to not really know... especially in a business that WANTS YOU to be so many things… it’s easy to lose yourself. Sounds ominous, right? It really isn’t… it’s about self discovery and your true professional passion. Let me explain… Who I am… When was the last time you asked yourself who you were? Have you defined, YOU? In order to grow, in my opinion, you need self awareness and understanding. This means being totally honest with you too. Look in a mirror and see you… just you. Why is this important? Because in order to be who you want to be, you have to first understand all about who you’ve become and who you are today. Are you bubbly and outgoing naturally or because of your job? Are you analytical in life, or just because you’ve been doing your variance report all day? Are you someone who can easily talk to others and sell, or do you just have really solid product knowledge? Are you the kind of person who enjoys leading a team, or did you just ......
Continue reading
1142 Hits
0 Comments