Restarting Agents Who are Locked-Up

by | Apr 15, 2020

Many agents are stuck right now, and if they remain in this state, they probably won’t survive.

Do a quick inventory: Which of your agents are struggling to demonstrate any productive movement since the crisis started?

If you want to retain some of the agents from this group, you’ll need to quickly diagnose what’s causing them to lock-up.

Use the following framework to start asking some open-ended questions.

Strategy. How have you revised your business plan in light of the current circumstances? What are some of the creative solutions you’ve found to the new problems you face? What actions should you being taking to build trust with your clients during these difficult times?

Mindset. How would you describe your attitude since the crisis started? How are you making decisions on where to place your focus? What have you done to make yourself more mentally tough and less fearful?

Execution. How has your work routine changed in the last month? What are you doing to limit distractions while working at home? How are you measuring progress and holding yourself accountable?

The agents who are struggling will typically not have good answers to these questions.

When you help them find the answers, you’re teaching them to overcome obstacles and build resilience.

This will pay dividends for years to come.

 

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.

The Attrition Variables

The Attrition Variables

While these attrition constants still have the greatest influence, there are some emerging attrition variables worth noting. People also tend to leave companies when: They feel like they’re not doing as well as others in their peer group outside the company. They feel like they’re not as far along as they should be at a certain point in life.

The Attrition Constants

The Attrition Constants

If you’re not focusing most of your retention effort on these issues, you’ll miss the mark. If you’re not focusing most of your recruiting effort on exploiting these weaknesses among your competitors, you’re missing the best opportunities.

The Persistence Mindset

The Persistence Mindset

A leader equipped with this mindset can have a profound effect on the life and career of each individual they engage. It works because an agent is getting a real-time glimpse of what it would be like to work on your team. But it only becomes believable when it is persistently applied over time.