Pros: structured training program, paid uniforms every 6 months, dry cleaning allowance, rent discounts in all icac properties
Cons: no weekends off, will need to work holidays if you don't hit your numbers (as a property), constantly changing bonus structure, difficult to advance
This is a review for the Irvine Company Apartment Communities. The company is very well-known in Southern California and has a very strong place in the Orange County. The reputation of the company resonates with many positive and negative vibes.
The basic duties of the LC is to set up appointments, take tours and eventually close deals and get leases. – more... The miminum expectation is two a week - which depending on your property can be difficult. The flow of success is dependent on upper managements' ability to price their product well. Leasing is a roller coaster of a ride when prices fluctuate as much as they do.
The culture of the company is very conservative. Black/White suit attire is required at work, with little room to be "unique". You will be working weekends and vacations are tough to take. Holidays are only given if you hit your property quotas. The company values "People Serving People" as a motto that drives the customer service portion of the business.
With the promise of delivering a luxury rental living with an emphasis in customer service in a safe and secure city, the company delivers to the people/residents....if they have the money for it. The company often pushes its luck when it comes to increasing rent. This is a huge turn off for many people as rent is sometimes the same as a mortgage in neighboring cities. Greed is definitely the name of the game.
The pay structure is hourly plus commission. The hourly is essentially for serving your residents and solving their issues (inputting work orders, settling rent, etc.) and the commission is for any/all new leases you bring to the community. The commission structure is constantly changing and the bar seemingly out of reach everytime. Depending on your property, you are going to face competition with other LCs and also other members of the office to get leases...It is difficult to hit your bonus consistently, and with the new bonus structure it looks like LCs will be making less money and less consistently.....
Overall the company is decent for college graduate. The reputation of the company should be able to help jump start someone's career. The training is top-notch and should help groom most people to be prepared in selling oneself in their next interviews. – less