Figuring Out How To Work

by | Mar 23, 2020

I spoke with the CEO of a large real estate company (2000+ agents) over the weekend.

I asked: How are your agents handling with what may be the new normal?

It’s interesting. About a third have quickly realized what’s changed, and they’re charging ahead with our virtual tools, reaching out to clients, and even writing a few deals.

Another third are moving slower, but they’re proactively trying to figure out what to do and how to do it.

The final third are sitting at home and flipping between Netflix and cable news and waiting for the world to end.

Capturing and sharing the stories of those who are charging ahead is something every leader should be doing at this juncture.

This CEO sent me 11 screen shots of texts, social media posts, and emails from agents who are charging ahead.   Here are two of my favorites:

So far, I haven’t lost anything, and my team has executed multiple contracts over the weekend.  Let’s hope we can get inspections and appraisals now…

My team is still showing property, but with gloves and restrictions.  We will not hold open houses.  Inspectors and contractors are working, but with caution. New listings are coming online and our MLS has just allowed listings to stay active with virtual showings.  Sellers have become more motivated and offer deadlines have disappeared.  Back to the good old days!

Sharing this kind of good news not only brings recognition to the early adopters, but it also inspires the second group to push forward and not give up.

And, don’t limit the sharing to just your own agents.

Reach out to the broader community of agents who work in other companies, as well.

People need to hear good news, and a rising tide lifts all boats.

 

The Simple Psychology of Real Estate Recruiting [2nd Edition]

Unlock the secrets of effective real estate recruiting. Revised to include actionable frameworks for sharper execution and to help you turn psychological theory into a repeatable recruiting system.

Creating Pacts to Avoid Distraction

Creating Pacts to Avoid Distraction

Notice the two parts to Nir’s formula: a pre-commitment and an external force to keep you accountable to that commitment. For recruiting setting goals and time-blocks in your schedule is not enough. Most people need some kind of external accountability, as well.

Look for Individuals Who Want to be Measured

Look for Individuals Who Want to be Measured

It’s not that people with a growth mindset don’t experience failure—they just see failure as an opportunity to learn new things, to be challenged, and to experience curiosity. This is an important topic to cover during interviews and follow-up conversations with your prospects. If you find someone who likes being measured, you’ve likely found someone who will push through the inherent failures of growing a real estate business and experience long-term success.