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Op/Ed

1 in 5 agents on your team are at risk of burnout – how to retain them

(EDITORIAL) When your productive team members are at risk of burnout, you may lose them to another brokerage or another industry altogether.

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burnout

A recent Gallup poll shows that seven out of 10 employees feel unengaged with their work. And while researchers and HR departments have put a lot of energy into figuring out how to increase employee engagement, less attention has been focused on how to best support those employees who are already engaged. You may think being a broker or team leader is different than a Fortune 500 CEO, but in the sense of employee engagement, it’s the same.

Workers who are less engaged are actually less likely to quit (or switch brokers) than those who are engaged, but are stressed out about it. These losses are also harder for companies to bear, as highly engaged workers are generally the most productive and valuable to the team.

A study by the Yale Center for Emotional Intelligence surveyed over 1,000 U.S. employees to learn about engagement as it relates to burnout – burnout being, of course, the point of no return when an employee or team member is so stressed and exhausted that they can’t take it anymore.

Burnout has both physical and emotional symptoms and can lead to sleep problems and depression. Once an employee is burned out, they may need a lot of time to recover to previous levels of productivity, or worse, may give up and quit altogether. They may float to a different broker, franchise, or even another industry.

The study found that two out of five employees are highly engaged, but with low levels of burnout stress. These employees, categorized by the researchers as “optimally engaged,” had positive emotional health and contributed positively to the company. Unfortunately, one in five workers had high levels of engagement, but were at high risk for burnout. These workers represent the “engaged-exhausted” group,” and while they were very interested in their work, they were also very frustrated and stressed. This group had much higher turnover than even unengaged employees.

This means that all brands are at risk of losing some of their very best employees because they are overworked (and unsupported).

While some companies have helped their employees to reduce stress through wellness programs that encourage exercise, good nutrition, and mindfulness practices, the Yale researchers say that these programs may not do enough for highly-engaged workers.

Highly-engaged workers (or agents), across the board, reported having access to crucial resources such as supervisor support, rewards such as good pay, and recognition for their work. The biggest difference between optimally engaged workers and exhausted-engaged workers was the demands of the work itself.

In a nutshell – workers at risk for burnout simply had too much on their plates.

So while a company can expect to increase engagement, or reduce stress for engaged workers, by being supportive and offering resources and fair pay (or a better percentage), the make-or-break-it factor when it comes to burnout is the sheer volume of work.

Keep demands realistic and goals moderate. “Stretch goals” tend to stress people out more than motivate them.

If you give someone extra assignments or put more on their plate, re-delegate some of their other work to someone else or provide more assistant support. Encourage breaks and lunch breaks if someone is spending too much time at their desk.

In corporate life, the takeaway is to not overwork your best employees. But in real estate, it takes an experienced team leader or broker to spot impending burnout and address it by offering better support so another brokerage with better support doesn’t swoop in and snatch your most productive team members.

Ellen Vessels, a Staff Writer at The American Genius, is respected for their wide range of work, with a focus on generational marketing and business trends. Ellen is also a performance artist when not writing, and has a passion for sustainability, social justice, and the arts.

Op/Ed

Malls repurposed as housing could bring back discrimination

(EDITORIAL) Recycling dead malls into community colleges and libraries are smart ideas, but is there a deeper, darker implication behind the affordable housing idea?

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malls changed into housing

Clever investors want to transform defunct malls into affordable housing. This sounds like a win-win-win at first. It’s helpful, useful, practical–and doesn’t necessarily require federal funding. What a warm and fuzzy idea that can help people and make use of existing structures. Yaaaay!

We need more affordable housing. Nobody will deny that. According to Pew Trusts, the 2018 U.S. housing market was at its least affordable in ten years. Adaptive reuse is a brilliant idea on paper. However, “affordable housing” is not merely a phrase; it holds legal connotations and requirements, both on national and state levels. It’s…complex.

Then my inner skeptic popped up and whispered in my ear, “Careful. What if it’s a trap?” History tells us to be wary of separating people by socioeconomic status (often–though not always–related to race). I started thinking about the long, troubled history of the “projects” in the U.S., which served to effectively segregate low-income families from the post-New Deal era until modern days. This in turn led to less investment in the area, meaning residents had to contend with fewer schools, grocery stores, public transportation routes, and the like.

Perhaps the adaptive reuse of the malls is not so nefarious. After all, these malls are already in residential areas. Therefore, one hopes, decent schools, supermarkets, and public transportation already exist, just as in other areas of a given city. The residents of one mall, one housing development, should not significantly change the housing market and available local resources by much, right? It will be a seamless integration of a whole new group of people into a neighborhood, right? We hope that’s true.

Maybe it won’t be a case of white flight, AKA “There goes the neighborhood” all over again. After all, the ethnic diversity isn’t specified beyond “workforce, student and 55 plus housing,” future residents, as defined by Richard Rubin, CEO of Repvblic, the company leading the charge to invest in old malls and big box stores. It sounds like a positive thing that the new, “recycled” housing developments he’s investing in don’t require federal funding to get built.

Affordable housing is a challenge wherever you look. Investors in multi-million dollar, sexy and modern high rises aren’t traditionally going after the affordable housing market, because what’s in it for them? In Austin, where The American Genius is based, developers already balk at the idea of including the mandated affordable housing units required for new construction. Some developers have even paid the city millions of dollars to get around the requirement.

Adaptive reuse by recycling dead malls into affordable housing feels like a creative, beneficial idea. Yet, I encourage us to delve a bit deeper and ask the hard questions. I mean, there must be a reason there are more movies about hookers with hearts of gold than real estate investors with hearts of gold. This calls for cautious optimism, but also reading between the lines and paying close attention to the details as this type of housing develops.

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Op/Ed

Want to move past your burnout? Stop using multiple lists

(EDITORIAL) How my evolving understanding of “burnout” helped me learn an important distinction between being busy and being productive.

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too busy to burnout

When I used to hear the word “burnout” I would picture the freaks from the gone-much-too-soon series, Freaks and Geeks, as they would bum around outside, smoking in between classes. Now when I hear the word “burnout,” I think of myself a few years ago as my brain was being fried by life.

I wasn’t smoking between classes, rather running around like a chicken with its head cut off trying to figure out how to manage all of my tasks at hand. I’d make a to-do list, see everything I had to do, and drown in overwhelm.

I’d spend my days fretting over how busy I was, and nights catching up with friends via phone, talking about how busy I was and how there just wasn’t enough time in the day.

Notice that nowhere in here was I actually doing anything productive. I fell into a vicious hole of being so consumed with how much I had to do, I wasn’t taking the time to do anything but stress.

At first, it made me feel interesting and somewhat important that I had so much going on. I quickly realized that no one cares and it’s not that interesting (I also quickly remembered how much I love to just relax and not have something planned every day of the week).

This is where I learned the of the most important lessons to date – being busy does not equal being productive.

It got to a point where I was running on fumes and eventually had this epiphany that how I was operating was doing nothing to help me. This was in part brought on by seeing someone close to me behave the same way, and I was able to actually look at how defeating it was.

From there, I made it a point to change my tune. Instead of wasting time writing and re-writing to do lists, I challenged myself to make one master to do list and accomplish at least one item upon completion of writing the list. This helped shake off the cobwebs and I was able to feel a bit of weight off of my shoulders.

The ideas surrounding the hustle mentality had me so consumed and all I was doing was hustling my way to nowhere. After feeling the burnout, seeing someone else operate that same way, and seeing that hustle mentality mocked, I was finally able to break free and get stuff done.

And, guess what? I have even more to do now, but feel more calm and collected than ever. I just have to repeat the mantra: being busy does not equal being productive. Being productive – especially in silence – is so much better and much more rewarding.

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Op/Ed

10 Productivity tips to get the most out of yourself and your team

(EDITORIAL) Keeping up productivity can be a hard goal to shoot for, so sometimes It helps to see what others are doing. Here’s our list of 10 ways to stay productive

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productivity in a team

Funny thing about inverse relationships, they are so counterintuitive. Like working hard. That is an example of doing what you think will be beneficial, but usually just makes the job what you expected, hard. When it comes to productivity, harder isn’t smarter, as the saying goes.

And, if you are sick of the word “hack” we hear you. But, finding ease in work will allow you to be more productive and with better results.

We offer you this list of stories to meet your productivity needs. Here’s to finding work-life balance, seeking ease in the moment and rocking out a productive day!

1. If you’re trying to be more productive, don’t focus so much on time management. Instead, consider energy management to get more out of less effort.

2. Meetings suck, wait I mean they are a time suck. Yeah, that’s it. Everyone knows some meetings are unnecessary and could easily be handled through an email. Yet, many supervisors are hesitant. But, there’s an app for that now. Here’s to meeting less and actually getting work done.

3. Kondo your desk, for God’s sake. If you say you are more productive with a messy desk, yet you have a sandwich from last week and those TPS reports you were supposed to turn in weeks ago somewhere under a pile of crap, you need to clean up your act. Nobody wants to get a report covered in coffee, chocolate and mustard.

4. Are you agile? I mean, really. Is your team as productive as it could be? Whether you are a PM or a real estate agent, if you need a tool that helps your team stay agile and nimble, this will help you and your crew kick ass and take names.

5. Cut the team some slack. Too many messages and you forget what you were originally doing. Slack thought about that and has a way to make the app work for your team so you can be more effective and keep the workflow moving.

6. Working remotely has some serious benefits, notwithstanding working in your PJ’s. Convincing your boss you will actually work and not binge on Netflix may be the challenge. And, for many folks, working from home is a much more productive option. Yet, anyone who has worked remotely also knows it can be easy to get caught up in work and miss human interactions, leading to burnout. Here’s how to make the remote transition work for you.

7. Sometimes more is less. That is the truth when it comes to work where quality beats quantity all day long. Our 9-5 workdays may be good for some, but not for all. And, putting in 80-hour weeks may seem righteous dude, but what do you really accomplish? Kick productivity in the butt and consider are you using your hours wisely.

8. Want to be a baller in the workplace? Then get focused. According to the experts, those at the top of their game aren’t necessarily working harder or smarter, they are just hyper-focused. Here are some good habits to have if you want to get ahead.

9. If it seems everyone has a podcast, you are correct! Some of those podcasts are useful, especially if you are trying to get ahead and find ways to use your productivity to the fullest. Here’s a list of podcasts that will fill your free time with useful information.

10. Creative folks love to start new projects. They can be like kids in the candy store any time they have a new idea they must explore. The problem is that whether you are an artist, writer, graphic/web/software designer or developer, you may start a lot of projects and finish few. Here’s how to finish what you start!

By now, you know what information to keep and you are ready to get your rear in gear. We wish you all the success with your future projects. We know you will be diligent and hyper-productive!

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