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As a franchise owner in the real estate industry, you’ll wear many hats, but one of the most important roles is being a leader to your employees. As they learn from you, their performance will improve, and their efforts will warrant a reward. If you’re trying to decide who deserves the next promotion, use the following guide to narrow down your options.

3 Tips for Identifying Promotion Candidates in Your Franchise

1. Assess Their Relationship Among Other Employees

When considering multiple employees for a promotion, look at how they relate to their peers. While not every candidate needs to be popular among their coworkers, they should be respected. If you award the promotion to an individual whose peers believe is undeserving of the position, it may cause a little friction and difficulty in the new manager-subordinate dynamic. Therefore, the candidate you choose should have consistently shown they treat others respectfully and cooperate efficiently during group tasks.

2. Ensure They Can Take Command

franchiseWhen holding a meeting, don’t be afraid to call out one of the prospective candidates and ask them to weigh in on a situation or offer an original idea. When put in the hot seat, they should respond confidently and enthusiastically.

That way, you can rest assured that they’ll work well under pressure when faced with the duties of their new position. If they don’t seem eager to step up to the plate, they may not be ready to take command.

3. Look for Those Who Don’t Have to Be Told

You’ll want to reward the franchise employee who’s willing to take matters into their own hands even when they’re not explicitly asked to. The ideal candidate won’t wait and try to pass the baton onto someone else—they’ll step in when someone else falls short. Therefore, you’ll want to go with the employee who sees the company’s goals as a collective mission—someone who isn’t just preoccupied with finishing their own personal checklist.

 

If you’re interested in taking your career to the next level, you’ll find a home for your ambition at EXIT Realty Upper Midwest. The firm is proud to welcome new franchise owners into the fold, and they offer a wide variety of benefits for their agents. Your employees will receive free training from the company as well as cash residuals over time. To learn more about this unique business model, visit the website or call (651) 505-3570 to speak with a representative today.

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