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Property Management in 2020: How to Creatively Use the Chaos to Come Out Ahead

App Folio

The property management industry has been rapidly disrupted in 2020 in a way no one could have anticipated. Industry Principal Director of AppFolio, Stacy Holden, in this video to discover how you can build workplace loyalty, while orienting your teams towards growth. Listen to Sr.

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Five Ways to Boost Employee Retention in Property Management

App Folio

It’s one of the property management industry’s most pressing pain points. . While the average turnover rate across all industries stands at 22% , the property management industry has a turnover rate of 32.7%. . So what can be leaders and managers do to improve retention? Employee retention. Identify what motivates.

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Why Technology, Culture, and Training Go Hand in Hand

App Folio

Technology has automated many of the tedious, manual tasks for property management businesses, and helped them to significantly improve a range of processes from onboarding and training to leasing and maintenance. Employees no longer prefer to have access to the latest technology to do their job, they expect it.

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Managing in a Remote World: Proven Tactics for Hiring & Onboarding New Hires From Afar

App Folio

People are a driving force in property management, and hiring, onboarding and staffing are some of the most important tasks for a property manager. Last year AppFolio put out a survey of property managers in partnership with John Burns Real Estate Consulting. Episode Transcript. It’s funny. .

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Expert Tactics to Drive Profits & Create Value in Property Management

App Folio

Being a property manager is a hustle. We speak with experts about where in a property manager’s operation they can find quick, easy-to-apply improvements that boost profits. Additionally, he is the President and CEO of Velo Residential, a property management company based in the Dallas-Fort Worth region of Texas.

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Making Communication the ‘No. 1 Priority’

RIS Media

Our principals and district managers met daily for a morning huddle at 8 a.m. Training went into high gear with daily Zoom webinars on skill building, technology, homeschooling children, staying mentally and physically healthy, etc. Communication with our people has been of the utmost importance. 1 priority.

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Multifamily Revenue Management & Lease Concessions in 2020

App Folio

In addition, the increase in residents transitioning to month-to-month leases rather than annual renewals makes it difficult for property managers to predict occupancy levels and rent rolls. Stacy Holden has over 20 years of experience in multifamily property management and currently serves as a Sr.