ISS Blog

Wanted: Young Property Managers

Let’s face it: Baby boomers are retiring at a rapid pace. And while you likely still have a decent pool of near-retirees to choose from, that pool is getting shallower each year. Plus, today’s self-storage manager must be more than just a watchman. Duties have expanded to include marketing and retail, too.

I came across an interesting article this morning in the Atlanta Business Chronicle. The article explores the demand for Gen Y talent in property management. Recruiting these youngsters is a tall order, the article states. There are two reasons: few Gen Yers even know property management is a career; and those that do see it as risky or just a stepping stone to a better career.

Getting more of these young people interested in property management is a priority for the Building Owners and Managers Association International (BOMA). The organization is looking at recruitment and training efforts in trade schools, high schools and colleges, internship programs, and mentoring young people.

As Baby boomers retire, will self-storage owners seek Gen Y applicants to fill property management roles? What’s the average age of your applicants? Do you expect this to change in the next decade?

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