This site is part of the Global Exhibitions Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.


The Top 10 Traits of a Well-Rounded, Successful Self-Storage Manager

By Stacie Maxwell Comments

Over the last decade, I’ve had the privilege of working alongside some of the most well-trained and experienced managers in the self-storage business. I’ve also had the opportunity to learn from some of the industry’s best training coaches. What’s interesting is how the tools and procedures involved in operating a storage property change over time. For example, think about technology and lien laws. However, one thing remains the same: the basic skills necessary to be a well-rounded, successful facility manager.

Today’s site manager must be able to handle a wide range of duties, from general customer service and facility maintenance, to marketing and generating leads, to closing rentals and collecting rent. In this article, I’m going to discuss the traits that are essential to excel in all aspects of the manager role and successfully operate a self-storage property. Following are the top 10.

1. Confidence

In today’s world of self-promotion, it’s critical to seize every opportunity to endorse yourself. Nobody is going to do it for you—you must be your own voice. However, the tone of voice matters, too. Are you pushy? Do you come off as snooty or, as we say in the South, “better than thou”? If you’re not sure, ask some colleagues to assess your approach so you can find out where you rank between confident and aggressive. You can then adjust to that midline accordingly.

Don’t forget how important it is to also have confidence in your business. You should know your facility inside and out, and get to know your community and competitors. Once you’ve built a good level of confidence in your product, you’ll be able to better and more effectively sell it against the competition in your market. You’ll know what differentiates you from the rest, and you’ll define the ways in which you and your facility can better serve customers’ needs.

2. Effective Communication Skills

Managers are the front-line representatives and stewards of a multi-million-dollar business, and they need to act, speak and write as such. Do your writing skills need some polishing, or perhaps your speaking skills need clarity? Do your customers ever say “Huh?” when you’re giving your sales speech? Or worse, do their eyes glaze over, or do they lose interest? Have you ever sent an e-mail that you later cringed upon reading it? Has someone responded and pointed out grammatical and spelling errors? If so, this advice is for you!

Managers should seek and engage in activities and classes that will help them improve their speaking and writing skills. Your facility deserves to be spoken of and written about in a manner that will best showcase what you have to offer, rather than produce any embarrassing moments for you or your owner.

3. Revenue-Management Know-How

When do you raise your current customers’ rental rates? When do you raise your street rates? Do you set your pricing based on what the larger operator down the street is doing? If you’re unsure of these answers, you need to brush up on your revenue-management skills.

While the real estate investment trusts use algorithms and programming to change their rates on the fly, most storage managers rely on the old-fashioned method of competitor research, and supply and demand. If you don’t actively use proximity pricing, perceived discounts and rate-increase letters to manage your gross possible income, you have some homework to do! Reach out to the various self-storage associations and management or consulting groups to learn more about effectively managing revenue.

4. Impeccable Time-Management Skills

Think fast: You’re in the middle of signing a new lease with a customer and the phone rings. At the same moment, a tenant walks in to make a payment. What do you do? If you answer the phone, you may need to rethink your priorities and the message you’re sending to your customers.

When you’re working with a customer and the phone rings, let the answering service or machine pick up. The lease you’re writing is a legal document, and the customer in front of you is the proverbial “one in the hand.” Besides, how important does the new customer feel when you’re distracted by the phone? Definitely not like he’s important to you, that’s for sure! Let the phone ring. You can always get back to the caller later or, better yet, if you have a call-center service, it’ll be served anyway.

If a tenant walks in to make a payment while you’re signing a new rental agreement, go ahead and say “excuse me” to the lease customer and take the payment as quickly as possible. This does two things: It reinforces to the new customer that you consider all tenants valuable and worthy of attention, and it gets the rent-paying customer dealt with and out of the way so you can return to the task.

Let’s try another scenario. You’re on duty alone and need to accomplish the following: place red locks on the units of past-due tenants, process the pile of payments that arrived by mail that morning, and sweep out newly vacated spaces. If you chose to sweep units and apply red locks first, you may need to reconsider your process.

A manager with good time-management skills will know that processing all the payments first will potentially alleviate the need for some of the red locks, reducing time spent on the property. Sweeping vacated units will always be a task that can be deferred until later, unless you’re lucky enough to be full and need the space right away. If that’s the case, then sweep and re-rent the unit as soon as possible!

5. A Great Attitude

Being positive and upbeat can take you much further than simply having skills alone, most of which can be taught anyway. Strive to present yourself in a positive manner. Display that “can-do” attitude to your customers and co-workers. Tenants will appreciate your willingness to do what it takes to make them happy, and your co-workers (and boss) will welcome your disposition to do what it takes to reach success.

« Previous12Next »

Similar Articles

comments powered by Disqus