Struggling to retain your best staff? You’re not alone.
Turnover in multifamily property management has hit 33%,¹ and burnout, bad hires, and misaligned expectations are driving top performers out the door. While many companies scramble to fix things after people leave, smart property leaders are solving retention at the hiring stage.
What Makes Good Property Management Staff Leave
Employees leave companies for all kinds of reasons. Some are unavoidable—like relocation or career changes. But others are well within your control. And that’s where you have the most power to make a difference.
Here are the most common (and preventable) reasons your best property management staff might choose to walk away.
1. Burnout from Constant Pressure
Property management businesses often demand a lot of work. Sometimes, peak seasons require nonstop service to tenants and administrative tasks on tight deadlines.
Your top performers may seem to be doing the job well. But “being under time pressure all the time” is one of the causes of burnout.² So, if this high-level productivity runs for a long time, it can lead to exhaustion and eventually, turnover—even among your best team members.
Read more: Is Your Property Management Team Overworked? Signs It’s Time to Expand Your Staff
2. Mismatched Work Expectations
In many workplaces, employees are often expected to do far more than their job descriptions suggest. While this may be a common thing, going beyond at work all the time and on a large scale makes people lose interest in the job.
3. Pay and Benefits Don’t Match the Work
Your staff may be handling a large amount of work excellently. They may have great skills and dedication to their job. But without good compensation, even the most loyal staff can feel like leaving.
Some employees may stick around out of loyalty. But over time, they’ll recognize the value they bring—and if their compensation doesn’t reflect that, they’ll listen when other employers come calling.
4. Lack of Recognition or Appreciation
It’s not just about pay or perks—people want to feel like they matter at work. When employees don’t feel recognized for their efforts, or like they don’t truly belong, disengagement starts to creep in.
This can show up in small but meaningful ways: no one says thank you after a tough day, feedback feels one-sided or critical, or team dynamics leave someone feeling excluded. Over time, even the most capable employees can start to feel invisible or out of sync with the culture. And when that happens, they often start looking for an environment where they feel more valued—and more at home.
5. No Clear Path for Career Growth
According to the Work Institute, ever since they started studying employee turnover in 2010, career development has been the most common reason why people leave a company.³
If there’s one big reason why even your best real estate staff would hand in their resignation form, it’s because they can’t see a future in your company. A leasing agent may be compensated and appreciated well. But if they feel stuck without any chance to get a managerial position, they might find a company where they can get promoted.
How Smart Staffing Fixes Retention Problems
There are many great solutions to employee turnover in property management, such as offering clearer promotional paths and creating a culture of recognition. But most of these are often reactions to a problem.
One good option that many property managers overlook is smart staffing solutions, which is usually done by partnering with staffing experts such as The Liberty Group. This approach helps you hire the right people from the start—those who are more likely to stay.
Here’s a list of smart staffing strategies and how they fix retention problems.
Direct Hire: Ready-to-Perform Professionals
Some roles can’t afford a long learning curve, so property managers need a quicker way to get staffing help. Direct hiring is fast and efficient without compromising the quality of the hire. This is great if your company is struggling with employee burnout or a tough peak season.
This strategy is possible because good staffing firms usually have a talent pool that is already pre-vetted. They can quickly provide you with skilled and trained workers ready to help you lessen the load—which also lessens employee burnout and dissatisfaction. Plus, because they are already screened, you don’t need to worry about compatibility issues.
Contract-to-Hire: Test for Fit Before Committing
If you want a stronger way to address incompatibilities that lead to turnover, it helps if you have a way to test employees first before committing to employing them. This way, you avoid both turnover and the costly mistakes of a bad hire.
In temporary or contract-to-hire staffing, you can evaluate a candidate for the whole duration of the arrangement, whether it’s three months, six months, or another custom timeframe. You can already check compatibility in terms of goals, long-term vision, culture, attitude, work ethic, and other factors important to your property management company.
Another problem that this solves is that you can choose potential leaders and property managers early by seeing who’s reliable and ready to take on more. This makes promotions smoother because you’re building your team with people you already trust from the start.
Executive Search: Strong Leadership That Helps Reduce Churn
Top performers are often leaders. And when it’s your property managers and directors who are leaving your company, the damage can be worse. Your team can experience lower morale and massive disruptions to your operations.
The Liberty Group also offers executive search, a kind of staffing service that focuses on top-level roles like VP of operations or regional manager. Like other kinds of staffing services, executive search involves strong screening processes to make sure your next executives truly match what you need. If it’s a better work culture or more efficient workload management, then that’s what you can get from a top staffing firm.
This approach is not just if you lose executive employees. You can also get executive search services if you simply want to improve your workplace culture and operations with well-vetted leaders— all with the goal of building a stronger, more stable property management team.
Looking for smart staffing that boosts retention? Partner with The Liberty Group!
The right staffing partner can make all the difference in reducing turnover.
For more than four decades, property management companies have relied on The Liberty Group to deliver high-performing, long-term talent—because retention starts with the right hire.
Whether you’re struggling with burnout, losing key team members, or simply want to build a more stable workforce, we’re here to help. From temp-to-hire to executive search, we offer staffing solutions that are tailored, strategic, and built to last.
Contact your nearest Liberty Group branch today and start building a stronger team.
References:
- Elliott, Kent and Daniel, Erika. “The Great Resignation Challenge” NAA, 14 June 2022, naahq.org/news/great-resignation-challenge.
- “Depression: What Is Burnout?” InformedHealth.org, National Library of Medicine, 15 Apr. 2024, www.ncbi.nlm.nih.gov/books/NBK279286/.
- Work Institute. 2024 Retention Report: Decoding the Emerging Workforce, 2024, info.workinstitute.com/hubfs/2024%20Retention%20Report/Work%20Institute%202024%20Retention%20Report.pdf.