Focus on Great Design

by | Jul 12, 2023

Seth Godin surmises that the world of design operates on two axes:Did you produce within the constraints?Did you deliver measurable results?Good design doesn’t exceed the available resources and produces measurable change against the agreed upon objectives.Great design is better than good design because it uses fewer resources and/or creates even better results.Just a couple of years ago, there was a lot of external capital flowing into the real estate industry.And it seemed many of the traditional economic restraints had been removed—especially in the recruiting arena.Companies were growing by offering unreasonable splits, signing bonuses, low caps, and other short-term financial incentives.They were making progress by removing traditional constraints.  It was all good in the short term.Now that the pendulum has swung the other way, who will be the winners? The great designers.These are innovators who have built profitable systems that are good for the agent, good for the consumer, operate within constraints, and produce measurable results.Don’t get caught up in the race to the bottom. Spend your time, effort, and creativity designing a better system that will be sustainable under any market conditions.

 

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.