When should I hire an assistant? How should
I train them? What should they do for me? These are questions I get asked
every time I coach a new client or speak before a group of realtors.
Assistants can be an important addition to a realtor’s business. Hiring
an assistant can also be one of the most frustrating experiences and
financially challenging times in business.
Before a realtor should hire an assistant you should clearly identify
the need for one and the job responsibility of the assistant. I believe
the purpose for the assistant is two fold. First, to relinquish the low
pay off activities to someone who has less value per hour than I do.
Second, to fill in the gaps in the areas I am not highly skilled at doing.
To determine what the low payoff activities are, make a large T the
size of a piece of paper. On the left write the high payoff activities.
On the right fill in low payoff activities. List the things you do based
on value on each side. Value based dollars returned to you when you do
those things. We generally earn 85-95% of our income doing about a half
dozen things. The key is to identify those things. Then create a game
plan to increase the time we are doing those high payoff activities on
the left side. By taking the right side low payoff activities you can
develop an assistant’s job description. Over time they should be trained
to perform the bulk of the low payoff activities so you can focus more
energy on the high payoff activities.
Now we need to focus on what we are truly skilled at and enjoy doing.
Separate those tasks and activities. Create a list of activities you
are not skilled or highly efficient at. These should be delegated to
staff, affiliates or completely dropped from performing. Then we must
find the person who has the skills and enjoys doing those functions.
Too often we hire people like ourselves. This does not allow someone
to fill in our gaps. I always looked for staff that enjoyed the paperwork
aspect, the office behind the scenes environment. Someone who had strong
organizational skills. Someone who was a great follower. We already had
a leader and did not need another leader- I was it.
The timing of adding a staff member is important. We often add an assistant
too late. We are overwhelmed and throw the new assistant in the pressure
cooker with us. We have more business than we can handle effectively
so we hire. The problem is we have no time to train. We get discouraged
by their performance and ability to perform effectively right now. That
is truly a no win situation for an assistant.
My advice is to hire before you are in a crisis. Try hiring your assistant
in the slower months of your business. I realize you will have to feed
the business for a few months. But you will be able to invest the training
time necessary to produce a quality assistant who will be ready to perform
at a high level when you take off. When you are growing and very busy
it is hard to find time to train staff properly. Preparation is the key
to achieving success through assistants.
Take the steps to evaluate your need for an assistant. Then create the
job description out of your low payoff activities. Then invest the time
daily to train, coach, and monitor your assistant. These steps will ensure
your hiring an assistant that is a wealth center. A quality assistant
will increase your business and give you more freedom to spend with your
family.
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