Seldin

  www.seldin.com
  www.seldin.com

Seldin Reviews

3 Reviews
3.4
3 Reviews

Recommend to a friend
Approve of CEO
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Randy Lenhoff, CPM®
2 Ratings

Employee Reviews

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  1.  

    I really enjoyed the one on one communiction with my contractors, tenants and other staff employees

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

    I worked at Seldin full-time (more than 3 years)

    Pros

    Begin able to work independently and to accomplish my daily management activities

    Cons

    Not enought time in the day

    Advice to ManagementAdvice

    Let your property managers have a lunch hour

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2. 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 an 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
  3. 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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