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Property coordinator hiring summary. Here are some key points about hiring property coordinators in the United States:
Here's a step-by-step property coordinator hiring guide:
Typically, a property coordinator maintains several properties for different owners. Property coordinators assist the property managers in the preparation of increased operating costs. They help the managers in the processing of insurance, rent, lease, tax, and any other billings to the tenants. It6 is part of their job to prepare and update reports concerning property management. Also, they take responsibility for the oversight, leadership, and standards of care of the properties.
Before you post your property coordinator job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a property coordinator for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them a property coordinator to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a property coordinator that fits the bill.
Here's a comparison of property coordinator salaries for various roles:
| Type of Property Coordinator | Description | Hourly rate |
|---|---|---|
| Property Coordinator | Property, real estate, and community association managers take care of the many aspects of residential, commercial, or industrial properties. They make sure the property is well maintained, has a nice appearance, and preserves its resale or leasing value. | $14-28 |
| Real Estate Manager | A Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements... Show more | $27-62 |
| Resident Manager | A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner... Show more | $14-39 |
Including a salary range in your property coordinator job description is one of the best ways to attract top talent. A property coordinator can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $52,018 | $25 |
| 2 | California | $48,636 | $23 |
| 3 | District of Columbia | $48,568 | $23 |
| 4 | Virginia | $48,523 | $23 |
| 5 | Rhode Island | $45,739 | $22 |
| 6 | Washington | $45,440 | $22 |
| 7 | Pennsylvania | $45,285 | $22 |
| 8 | Massachusetts | $44,994 | $22 |
| 9 | Nevada | $43,602 | $21 |
| 10 | Texas | $43,383 | $21 |
| 11 | New York | $42,406 | $20 |
| 12 | Illinois | $41,620 | $20 |
| 13 | Florida | $41,307 | $20 |
| 14 | Utah | $41,115 | $20 |
| 15 | Tennessee | $40,769 | $20 |
| 16 | Arizona | $40,070 | $19 |
| 17 | Indiana | $39,887 | $19 |
| 18 | Georgia | $39,255 | $19 |
| 19 | Minnesota | $37,166 | $18 |
| 20 | Wisconsin | $35,806 | $17 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Cummins | $61,357 | $29.50 | |
| 2 | Hyatt Hotels | $50,194 | $24.13 | 3 |
| 3 | Broward County Public Schools | $48,984 | $23.55 | |
| 4 | Bell Flight | $48,179 | $23.16 | |
| 5 | Chevron | $47,638 | $22.90 | |
| 6 | BioMed Realty | $47,619 | $22.89 | 1 |
| 7 | Price Chopper Supermarkets-Market 32 | $47,252 | $22.72 | 2 |
| 8 | Acadia Realty Trust | $47,062 | $22.63 | 2 |
| 9 | Kentucky Farm Bureau | $45,401 | $21.83 | 1 |
| 10 | Marriott International | $44,970 | $21.62 | 26 |
| 11 | CHECKS & BALANCES INC. | $44,338 | $21.32 | |
| 12 | Cactus Wellhead | $44,302 | $21.30 | |
| 13 | Vacasa | $44,203 | $21.25 | 12 |
| 14 | OCF Realty | $44,113 | $21.21 | 2 |
| 15 | JLL | $44,080 | $21.19 | 29 |
| 16 | Randstad North America, Inc. | $44,037 | $21.17 | |
| 17 | CIM Group | $43,459 | $20.89 | 1 |
| 18 | Firstservice Residential California, Inc. | $43,420 | $20.88 | |
| 19 | Textron | $43,401 | $20.87 | |
| 20 | Kelly Services | $43,356 | $20.84 | 3 |
A job description for a property coordinator role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a property coordinator job description:
To find the right property coordinator for your business, consider trying out a few different recruiting strategies:
To successfully recruit property coordinators, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the property coordinator position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
Once that's done, you can draft an onboarding schedule for the new property coordinator. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Hiring a property coordinator comes with both the one-time cost per hire and ongoing costs. The cost of recruiting property coordinators involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of property coordinator recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $42,502 per year for a property coordinator, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for property coordinators in the US typically range between $14 and $28 an hour.