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.

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.