There are newer employer reviews for Seldin

1 person found this helpful

No room for advancment

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Assistant Property Manager in Lincoln, NE
Current Employee - Assistant Property Manager in Lincoln, NE

I have been working at Seldin

Pros

Comparable pay for this line of work

Cons

working week-ends, not being recognized for a job well done, inexperienced mangement, favoritism

Advice to ManagementAdvice

Hire mangers who have experience managing others, provide opportunity for advancement through classes frenquently offered by the state.

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  1. 1 person found this helpful

    OK experience, but ready to move on

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Property Manager in Omaha, NE
    Current Employee - Assistant Property Manager in Omaha, NE

    I have been working at Seldin full-time (less than a year)

    Pros

    Seldin company is planning to expand a great amount over the next 10 years, which is great for those employees who wish to work their way up in the company. Seldin also offers great 401K benefits and they will currently match at 6%. It has shown to be one of the better property management companies to work for in the Omaha area. There are consistent employee reviews that take place which can offer decently generous raises if performance standards are met. Property management will always be a pretty lucrative business since apartment complexes and commercial buildings will always exist.

    Cons

    Each property location has a very small team, and if there are ever personality conflicts, it can create a very stressful and draining work atmosphere. Many employees are very hesitant to approach upper management about these issues in the fear of being catty or looked at as unable to work in a changing atmosphere. Those who apply for property-level positions should be very strong-willed and able to acclimate to many different personalities and management styles. Employees at the property level, including property managers, assistant managers, and leasing specialists are typically overwhelmed because of lack of proper training and excess workload. The company's current standard is 1 employee for every 100 units, and depending on the clientele of the property, that can be a very minimal standard. Employees becoming overwhelmed and too busy can turn into a disagreeable and unprofessional environment. Rents are being consistently increased despite the fact that the housing market is doing considerably well. Many residents leaving my apartment community are purchasing houses since their mortgage payment is comparable to their current apartment rent. The rent at my current property is consistently being increased above the competition, which makes it difficult for those at the property level to maintain higher occupancy. One of the thought-processes of the company entails: "If you're that good of a sales person, you can lease any apartment at any price. It's all about confidence." This statement can be true, however, it usually does not make sense as most of the competition has comparable rents and their occupancy is consistently below 95%. The current and successful business model of most companies is to offer a decent, good quality product at a competitive price. Resident retention is what makes property management money, not increasing rents and making it difficult to fill those units.

    Advice to ManagementAdvice

    Depending on size and clientele, properties should have 1 employee for every 100 units plus a part-time leasing specialist. This would enable the management personnel to fulfill their job descriptions to a fuller extent. Being better staffed prevents employees from getting overwhelmed and also prevents employees from breaking down and becoming unprofessional. Property managers should not jump to conclusions; allow the employees below you to defend themselves. Keep rents just below the competition to drive up prospect traffic. Even if a resident moves into the property on a generous lease special, do not increase the rent dramatically at renewal. Regional supervisors and those at the corporate level should visit properties on a regular basis regardless of their current occupancy levels. Everyone in management positions should be given in-depth training on interpersonal communication and stress management.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2. Under paid, over worked, unappreciated

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Property Manager in Hastings, NE
    Former Employee - Property Manager in Hastings, NE

    I worked at Seldin

    Pros

    If you live in the Omaha area and are nice to the right people there may be room for advancement. The benefits are average. Don't look for a Christmas bonus, gift unless you wanna drive across state for a 2**meal.

    Cons

    You are basically a number. Family, personal needs are not considered. Deadlines are given with unreasonable deadlines. Pay increases are very small if at all. The overall friendliness of the company lacks at best.

    Advice to ManagementAdvice

    Consider your employees personal needs and desires. Listen instead of demanding. Have more direct supervision in the areas managed outside of Omaha. Include the employees outside the Omaha area when planning events so its confident to others sometimes instead of just Omaha. Call your staff back as soon as possible instead of days going by before any response is given. Don't under staff to save money then put more demands on the staff that's trying. Go out and personally look at property during business hours like at the peak time of the month when it is busy so you can personally understand what your employees challenges are. Finally don't go out to a property that you are not currently managing and demand stuff from another companies employees.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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