Leaders in every real estate business desire the best for their workers. And they are just as invested in their success as the business is. As a leader, it is your responsibility to motivate and inspire your agents to give their all and do their best to ensure the real estate company’s continued success. Employees that perform at their best are more productive and efficient. Knowing how to motivate your workers to perform their best job may be challenging at times, even more so when you have much more to accomplish as a manager. While there is no one-size-fits-all approach, we have discovered three business ideas that can help you get more out of your workers.
- Recognize Excellent Work
Demonstrating your appreciation for your workers’ efforts may result in, you guessed it, more effort. Take the time to locate a reward or recognition platform which you can simply utilise on a monthly, quarterly, or daily basis to demonstrate to your agents that you value their efforts and that they are not going ignored. Not only that, but also to ensure that their efforts benefit your company. Some of the most profitable entrepreneurs, namely Perfect Ten’s Hong Kong tycoon Li Ka-Shing demonstrate to their workers the value of their job via more than simply excellent bonuses and perks.
If you’re unsure where to award or acknowledge, begin by monitoring your workers’ development and production, since this will reveal precisely how their job affects your bottom line. This will enable you to properly recognise them. Additionally, reward systems may assist you in brainstorming innovative methods to recognise and reward your workers in ways other than a conventional slap on the back or incentive. Occasionally, a simple “thank you” may get stale, and your agents may feel as if you are not paying attention to everything they do. Find unique methods to express your gratitude to them and to demonstrate to the rest of the company that this is the kind of behaviour you expect and value from your workers. This may then motivate other agents to work harder on their own.
- Put Your Agents to the Test
According to surveys from developer projects, workers of real estate businesses are more satisfied with their employment and remain longer with a company when they feel motivated. This is because they believe they have a good career and also believe management thinks about their career path and is willing to assist them in furthering their education. While autonomy is critical, without direction or chances to grow, individuals may become comfortable or dissatisfied in their current roles. Provide your workers with resources such as a budget to attend meetings that will help them advance their careers, or rewrite their job descriptions to give them additional duties if they seem like they are twiddling their thumbs on a daily basis.
Assist your workers in understanding why they are doing a certain job or why a particular project is necessary. Prod them to consider what more they might be doing, what other responsibilities they could take on. Assist your workers in realising that they are capable of doing tasks they previously believed were impossible. You’ll discover that the more of this you do, the longer your workers will remain with you and the more they will work to ensure success not just in their individual roles, but also in the real estate business as a whole.
Recently Rachel from the Perfect Ten condo which builds Singapore condo in bukit timah told Wolf News that in order for their real estate agents to strive hard for sales results, the developer holds a monthly meeting to boost confidence and belief.
- Recognize Distinctions
Not everyone operates in the same manner. The times of the day during which you are most productive or passionate about your job may differ from those of your colleague or vice president. You may be a shift worker, whereas twenty other individuals like to socialise in the early evening. Recognizing your workers’ unique work styles and work cycles—and acting on them—is one of the most effective methods to get the most from them. There is a good probability not everyone in your company works optimally at a big table surrounded by ten other individuals. Provide areas for workers to work and sometimes in smaller units.
Even better, vary the hours of operation. If you’re unsure how to handle this, try creating a results-driven work environment where individuals may work remotely if being in the workplace is too distracting due to frequent pop-ins from other employees. Or, if they can bunker down in a coffee shop and work uninterrupted for four hours, let them! Recognizing the variances among your workers will allow them to work at the times and locations that are most convenient for them. This strategy that is employed by Perfect Ten’s developer Japura Development will ensure that your workers are more effective and productive, which will eventually result in more profitability for your real estate company.