July 26, 2024 Linh Gray

Delegation 101 for Real Estate Agents

Delegation 101 for Real Estate Agents

Delegation 101 for Real Estate Agents: How to Maximize Your Efficiency

Do you feel like you’ve been avoiding a certain task because you’re lacking resources to get it done? Don’t worry, you can still make progress by taking small steps each day. In fact, you may already have the support you need from people in your personal or professional circles. This is a delegation 101 guide aimed to help real estate agents maximize their efficiency.

Starting tomorrow, dedicate the next five days to creating or revising a delegation plan that works best for you.

Monday – Start With Your Goals

Write them out. Start with big, long-term goals and work your way down to smaller goals that you can work toward right now. This will help you see exactly what type of delegation strategy you need to make your business succeed.

Tuesday – Question Everything

Survey your fellow team members (if you’re on a team) and call your clients to get some feedback. Where have you been succeeding, in which areas have you just been getting by and what needs some serious work? Getting feedback about your business from those around you will help with your delegation strategy. You might find that something you used to categorize as a small, insignificant detail might actually be a top priority for your clients or colleagues, so responsibilities will need to be shuffled around.

Wednesday – Get Everything Together

What do you need done on a day-to-day basis, what type of essential communications does your business require and what other business-related tasks have you not had the time to complete? As time passes, you start to forget who is in charge of what, and what exactly needs to be done, especially if you’re taking on a lot of new responsibilities yourself. Remember, taking on too much and overworking yourself is how things fall through the cracks.

Thursday – Start Delegating

Got that giant list of daily to-dos on hand? Good. Here’s where you might need someone who pays close attention to detail to help you out if you’re not up to the task yourself.

Sit down and go through every single task, separating each one by priority and urgency. Any smaller tasks, such as paperwork management and updating your CRM, are things you should assign to someone else, if possible. Take your goals into account; focus on the profit-building duties yourself, and let someone else take care of the day-to-day business management tasks.

Friday – Keep a Record Going

It is important to monitor the effectiveness of your delegation strategy when implementing it for the first time or making changes to it. It is unlikely that the strategy will be perfect from the start, so you may need to make adjustments. Consider hiring a virtual assistant or a runner to help with tasks like placing lockboxes or taking photos. This can ultimately benefit your business and give you more time to focus on other important matters.

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