How to Answer: What was the most challenging space you've had to lease in the past? What made it a challenge?
Advice and answer examples written specifically for a Property Manager job interview.
5. What was the most challenging space you've had to lease in the past? What made it a challenge?
How to Answer
If you have leased space before, something likely jumped to mind right away! Simply tell the interviewer about that space (where is was located, what size it was, what type of tenant the space was intended for), how long it was available, and what made leasing it a challenge. Be sure to mention a couple of measures you took to try to lease it more effectively, such as posting it on websites, sending mailers, adding new signage in front of the property, etc.
Written by Ryan Brown on March 19th, 2021
Answer Example
"The most challenging space I've had to lease was an apartment building next to a freeway. As soon as potential tenants would arrive to look at the space, they would be turned off by the noise and proximity of the freeway. The building was only about 20 years old and the units were nice with updated appliances. Ultimately, I decided that more amenities were needed in order to attract residents. I developed a plan to build out a small gym on the bottom floor, in an effort to add value to the building. The owners approved the plan and the gym was renovated. We chose not to raise the rent prices and market specifically to residents who would utilize this feature. It was a long road, but the gym renovation did eventually help us lease more apartments in the building."
Written by Ryan Brown on March 19th, 2021
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