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No matter what industry you're in, keeping hold of your top talent is a challenge worth meeting. While compensation and other benefits play important parts in employee retention, most experts agree the best thing you can do is make those who work for you feel valued. EXIT Realty Upper Midwest, a regional leader with successful real estate franchises throughout Wisconsin, Minnesota, Iowa, and the Dakotas, recommends doing what you can to make your employees feel like family.

When engaging with your employees, they recommend:

  • Communicating Value: This can seem fairly obvious, but you'd be surprised how many managers and employers think it's enough for employees to just know how important they are. Instead, you have to communicate you know that, as well. Simply telling your employees they did an excellent job, which is why you're giving them another lead, will go a long way.
  • real estate franchiseSharing Praise: When a client tells you they had a great experience or were impressed with one of your employees, be sure to share that information with the staff member. Depending on the culture of your office and the personality of your employees, you may want to do this publicly, but privately sharing an email from a client can also demonstrate the value an employee brings to the team.
  • Giving Challenges: Challenging your top employees will keep them engaged and interested, which will ensure they stick around. When giving out challenging assignments and goals, though, it's important to let your employees know it's because of their past performance. In a real estate franchise, this can be extremely beneficial because, in general, overcoming challenges comes with immediate financial rewards.

EXIT Realty Upper Midwest provides every real estate franchise owner with the training they need to build a high-performance team that will maximize their returns. To learn more about their revolutionary approach to the real estate industry and how it can provide business opportunities you've only dreamed of, visit their website or call (612) 414-4022 today.

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