Property management is becoming more important to driving value in a real estate portfolio, and the key to a strong property management team is talent. Property management software company Appfolio is providing technology services to help property management companies attract and retain top talent and to attract younger talent to the industry. We sat down with Nat Kunes, VP of product at Appfolio, for an exclusive interview to talk about attracting and retaining property management talent, how technology can help and why property management is more important today than ever before.
GlobeSt.com: What are some current talent trends you're seeing in the property management industry?
Nat Kunes: This is an industry that needs to keep a close watch on their talent pool right now. It might be surprising to hear, but data shows that the average age of a property manager today is over 50 years old. While that might not be problematic now, it will be in 10 to 15 years' time when that group is leaving the workforce to enter into retirement. That's why it's important to start recruiting younger talent now to make up for that future loss. Easier said than done.
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Kelsi Maree Borland
