Apartment Trends Magazine October 2014 | Page 35

RESIDENT RETENTION ernest f. oriente | the coach, power hour Best Service What Does This Mean to Residents? B est service, especially in the property management industry, can be deceiving because the needs and expectations of your residents are changing and evolving rapidly. In addition, your residents are comparing your apartment communities to both your competition and to best service with every company, product or service they experience. By reading this article, you will learn the steps for developing a system so your residents can tell you exactly what best service means to them! schedule additional surveys every 90 to 120 days for the next 36 months. These future surveys will allow you and your leasing teams to stay current with the ever-changing needs and requests of your residents. In addition, by having your leasing teams ask for this ongoing feedback their residents will know that service at their apartment communities will continue to evolve as a reflection of their expectations. LEARN FROM YOUR RESIDENTS DEVELOP RESIDENT SURVEYS Start by gathering the leasing teams at the properties you manage and discuss the current level of resident service being given. Also, ask for any feedback or suggestions they have heard or received from their residents. Next, prepare a resident survey that might include some of the following questions: Tell us about the best service you have ever received while living in any apartment community. Tell us about the best service you have ever received from any company or individual and why this was the best. Tell us how we can improve your living experience with our apartment community. Lastly, ask your leasing teams for suggestions on how these surveys might best be presented to their residents. Many of our property management clients ask their leasing teams to hand deliver these surveys to their residents on Saturday morning for a personalized touch while others give out small prizes to the first 25 survey responses. Tip From The Coach: Do you want to experience best service? Take a few hours and visit a high-end retail location like Nordstrom, a Ritz-Carlton hotel or Tiffany’s. When visiting these world-class locations, observe how they greet you, the words they select when assisting you, the types and variety of products or services they provide, the colors and fabrics they use and the quality of their brochures and printed materials. As a side note, any employee of a Ritz-Carlton can fix a guest service problem instantly, for up to $2,000! IMPLEMENT RESIDENT SURVEYS Once you and your leasing teams have received the responses to these resident surveys you can now set your service standards at or above the level of your resident’ expectations. As a next step, summarize the results from these resident surveys and look for any repeated suggestions or recommendations. Then, design an action-plan with your leasing teams based on the suggestions they are going to implement over the next 30-60 days. Lastly, have your leasing teams share with their res