Maintenance Success Despite Labor Shortages
The property management industry is seeing unprecedented levels of labor shortages of maintenance personnel during a time when the need for maintenance services has never been higher. How does an organization provide a high level of service when there are so few maintenance personnel available? The answer is innovation and adaption; ubiquitous mobile technology and an increasingly tech-savvy population of tenants, maintenance techs, vendors, service providers and property managers provides a fertile ground for growing efficiency. After the housing crash, investors rushed into the scattered single family rental (SFR) space. Experts predicted that as soon as property values rose, investors would liquidate their portfolios because scattered SFR maintenance is difficult. Maintenance technicians spend 2-4 hours of their day on the road, so they believed the cost of servicing these portfolios would kill their margins. What actually happened: the SFR market boomed. Scattered SFR operators have innovated. They are struggling with maintenance labor shortages so their strategy is to use maintenance teams across geographic areas, to outsource when necessary (some choose to completely outsource their maintenance to companies such as OneCall Construction), and to use technology to optimize the synergy between teams and service providers. Here are some of their methods: Personnel skills are cataloged and matched to jobs.Trips to the same property are minimized.Jobs are assigned and scheduled to personnel to optimize their drive times.Centralized visibility of schedules allows ad-hoc work to be easily assigned.Information is gathered in homes for future use.Inventory is maintained, tracked and standardized to reduce delays and…