Are you running sales contests with your teams and brokerages?
If not, you're missing a big opportunity. Sales contests can generate energy and excitement, which drives performance. But there’s a right way and a wrong way to do a sales contest.
Here’s the wrong way: focusing the contest on results.
You might wonder, what else would you focus on?
Well, if you're tracking things like how many escrows were created or how many listings were taken, the same people will win every time. The problem with focusing on results is that you can’t control them.
What you can control is the work. So, instead of focusing on results, shift the focus to what actually creates results—the work itself.
For example, you might say, "We’re doing a contest this month on who adds the most people to their sphere of influence." Or, "Who can do five posts a week for the next four weeks?"
You could track how many unsolicited CMAs agents push out in three weeks, who does the most open...
If you're coaching agents as part of your real estate brokerage or team, which we all do, one of the best methods I’ve learned is the 1-3-1 Method.
When someone brings you a problem, start by asking:
First, let's clarify the problem: What’s the one main issue we’re dealing with here?
Not 55 different things—just the one big issue we need to solve.
Then, ask: What do you think are three viable solutions for solving this?
If they can’t come up with three, help them brainstorm.
Finally, have them choose: Which do you think is the most viable option for actually getting this resolved?
Encourage them to go out, try it, and see how it works.
As a leader, whether you're a team leader or a brokerage owner, make a note in your CRM to follow up with that agent in a day or two. Check if the resolution actually solved the problem. Sometimes they'll come back and tell you, but if they don’t, reach out and ask, "Did that solve the issue?"
By using the 1-3-1...
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