Self storage property management entails activities that business owners and employees carry out on a daily basis to confirm that the facility is well run. Comprehensive management is necessary for the retention of the customers and the sustainability of the facility’s profitability. Here are a few tasks that a self storage property management team performs on a daily basis:
1. Customer Service and Support
Providing exceptional customer service includes welcoming the customers, attending to their inquiries and concerns, and helping them choose the right storage units. The management team is usually the first line of contact with potential clients and needs to be available and informed. Making customers feel valued and supported may help improve their experience. The team will also address any complaints or concerns from customers and confirm that they are able to resolve any issues.
2. Facility Maintenance and Cleanliness
Cleaning and general upkeep of the storage facility involves the periodic inspection of the units, corridors, and other shared spaces. This confirms that they are clean, safe, and free from potential risks. It also improves the experience of the customers and confirms that the stored items are not damaged. The management team attends to maintenance concerns as they arise. If a lock has been damaged, they will replace it. Other preventive measures include the use of insect repellents to minimize the chances of infestations that may harm stored items.
3. Security Management
The self storage property management team is responsible for overseeing the security measures that have been put in place, such as surveillance cameras and alarms. They conduct periodic inspections to determine whether the systems function properly and offer sufficient security for the facility. The management team also controls the access to the facility. This includes verifying the identity of the individuals who access the storage units.
4. Marketing and Sales
Another task is to advertise the storage facility to attract new clients and to keep the existing ones. A management team may use advertising, social media, and community marketing to promote the facility. The management team needs to be aware of the market and competitors. This helps them to set the right prices. Marketing strategies can enhance the occupancy levels and overall revenues of the facility. The team will develop and maintain the online presence of the facility, which can involve updating the website of the facility. It also entails handling the online reviews and interacting with the potential customers on social media platforms.
5. Financial Management
Financial management involves budgeting, forecasting, and financial reporting. The management team confirms that the facility runs within the set budget and achieves its financial objectives. They also oversee the revenue and expenditure and look for opportunities to cut costs. Financial management is significant to help the facility run smoothly and it is beneficial in decision-making for the sustainability of the business.
6. Lease Management
The management team confirms that all rental agreements are properly signed and that the tenants are in compliance with the terms of the agreement. Management teams check lease audits to confirm that all the paperwork is complete and that there are no issues with the lease. The management team also needs to be involved in lease renewal and lease termination.
Hire a Self Storage Property Management Team
Daily self storage managemnet involves a lot of administrative work, interpersonal skills, and customer relations. Proper management of self storage property may help to improve customer satisfaction. It also promotes the revenue and viability of the facility. If you are interested in improving the operation of your storage facility, hire a property management company to help you manage your facility and meet the needs of your customers today.