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Archive for selecting managers

Choosing that best manager is very challenging. Before I share my questions with you, let me ask you:

What traits, skills, and qualities are you looking for in a manager? List them before you read this blog.

To help you create a great system to choose your manager, I’ve created questions based on the skills, traits and qualities I think are important in a manager. First, I’ve listed each important trait, quality and skill an effective manager needs (in my opinion).  

Questions: After each item, I’ve listed questions to ask to ascertain if this person has sufficient strength and background in each area. 

Using this questionnaire: Probe deeply in each question to discover their true behaviors. Don’t go quickly from question to question. Write the answers and analyze them later.

 1. Successful salesperson in real estate or another field

 Question: Describe your sales record in your previous field (s). Probe.

 Note: You need a manager with a successful sales record or else that manager won’t actively recruit, and won’t have the skills to make recruiting calls.

 2. Possesses leadership qualities to inspire others.

 Note: You need a manager who can get others to follow in a positive, participative manner.

 Question: Describe a time in your life where you assumed a leadership role. Probe.

 Question: Which manager in your business history did you admire? Why?

 Question: Which manager in your business history did you not admire? Why?

 Question: Have you ever worked in a participative organization? (with leadership groups, etc.)  Probe.

 3. Is willing to hire and retain to company standards.

 You need someone tough enough, but diplomatic enough, to create and implement a standards-based company.

 Question: Have you ever worked in an organization with standards? (minimum expectations). Probe.

 Question: What standards did you work with at your last real estate company? (You want to ascertain if this person thinks standards are important, and whether this person will implement standards to hire, select, and retain).

 4. Has recruiting skills.

 Question: Describe how you got leads in your sales career (listen for pro-active lead generation). Listen for taking full responsibility for his/her own sales success. Listen to assure it wasn’t ‘inside sales (retail or given an area to follow up on).

 Question: Describe your lead generating plan in sales.

 5. Has coaching skills.

 Question: Have you ever been coached? Describe it. What were the positives? The negatives?

 Question: Have you ever coached others? Probe.

 Question: Have you ever taken a course (s) in how to coach? Describe.

 6. Has training skills.

 Question: Have you ever trained anyone? Please describe. (Listen for training, accountability, measuring results).

 Question: Describe your training (the training you have taken). Have you taken training courses in management? Describe.

 Question: Have you ever taken a speech course? Describe. (ability to organize thoughts, do persuasive presentations, lead meetings successfully)

 7. Ambitious and energetic person who wants to build wealth through others.

 Question: Tell me a goal you attained and how you attained it.

 Question: Tell me about a time in your life when you refused to give up on a dream of yours. Probe.

 Question: How have you been preparing to lead others?

What other traits, skills, and qualities are you looking for in a manager? Do you questions reflect your needs? Let me know.

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You’re in the interview process, attempting to do a great job in choosing your next manager. What do you want to listen for? What ‘red flags’ should you notice? It all starts with your job description. (Look below to get mine).

The real estate industry is changing rapidly. Yet, many of our job descriptions for managers have not changed in 40 years! So, don’t rely on that old job description when hiring. Instead, look way past the ‘traditional manager’ profile. What do I mean? You can’t afford to have just a ‘maintenance manager’. You can’t have a manager who:

Sits in the office and waits for a crisis

Refuses to recruit because he/she ‘doesn’t have time’

Doesn’t believe in standards of performance

Thinks training should be done by someone else (unless he/she is managing a very large office)

Thinks managing is about getting groups to do what he/she says, instead of developing each agent to his/her potential

What to Listen for in the Interview

 If your candidate says any of the statements below,

 “I just want to support my agents”.

“It’s tough out there; I want to keep encouraging them to just hang in there.”

“I want to be available to agents 24 hours a day.”

“Retention is much more important than recruiting.”

“ I don’t train or coach. You’ll have to hire someone to do that.”

“I don’t believe in taking courses. I learn from experience.”

“My expertise is in answering broker questions. I’ll be there for them”

“Crisis management is my forte.”

 Run the other way. In my experience interviewing hundreds of would-be leaders, any of these statements is a strong indicator that the person is going to practice ‘maintenance management’. You need much more than that. You need an action leader.

For a job description of that action leader, click here.

Want many more tips/strategies/leadership actions to put to work to build a more profitable office? Check out www.365leadership.net. This subscription series provides you one leadership idea/action per month. It will motivate and inspire you to be the best leader you can be. Next series starts in September. Join us!

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Are you dreading hiring your next manager? Have you had some bad experiences? Made some serious hiring mistakes? You’re not alone.  This is one of the most important decisions you need to make, and one of the toughest.

There are a myriad of classes on recruiting and managing agents. But, where’s that class (or series) on choosing and managing your manager? I coach leadership in my coaching company. It’s obvious that owners are having lots of trouble figuring out how to hire the right manager—and how to manage their managers. So, helping owners step to that next level of hiring a manager—or helping them figure out if their manager is making or costing them money, is an integral part of our coaching process.

  If you want to hire a manager, or, if you now have a manager that you doubt is giving you your money’s worth, this blog is for you. (And, if you’re thinking of managing, or are a manager now, do the work here to assure you are a ‘marketable’ manager—that you are doing the job that provides value to your owner).

 Your First Step in Hiring a Manager: Describe the Kind of Person You’re Looking For

 What are the traits and skills of the person you’re looking for? Before you read my list below, write your own list.  In my opinion, this person should have been an above-average agent on his way to becoming a top 20% agent.. Why? Because this person must have the skills of

             Organizing a lead generation database (for recruiting)

            Writing and running a marketing plan to prospects (recruiting marketing plan)

             Above-average selection and presentation skills (for recruiting and selection)

            Tough-mindedness, to make selection choices for developable agents (that selection demonstrated by above-  

          average agents)

         More tough-mindedness, for setting and holding to standards of performance (who they will and won’t work with)

        Creating long-term relationships

(See my job description for a great manager below, too).

More Skills You Will Need

 In addition to the skills I’ve just listed that above-average agents have developed, there are other skills you will need in an ‘agent developing’ manager:

             Training skills

            Coaching skills

            Leadership skills

            Computer skills

            Staff management skills

 Fresh and Revitalized, or Tired of the Business?

Look for the person who has been in the real estate business up to five years, and has developed a strong business. Why five years? This person is probably still ‘on his/her way up’, is excited about the business, and is using the business skills that work in this environment. This, of course, is very approximate, but I think you understand what I mean. 

Job Description: Click here to get my detailed job description for a successful manager.

 Note: By the way. It’s so difficult for managers to step into leadership today. I’ve created a ‘leadership by the month’ series of specific strategies—one a month, to energize and enable managers to lead. Check it out at www.365leadership.net. The next series starts in September.

 

Past Experience is a Huge Benefit

Look for a person who has been trained in another business as a trainer/coach/leader. This is really important. When I was finding and screening leadership for one of the largest franchises in the world, I found that the really ‘magic’ ingredient was that the potential leader had already had some experience in the skills of management.

Now, you have the right combination for a dynamic, effective ‘agent developing’ manager.

What did I leave out that y ou think is important? Let me know.

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