fbpx
6 steps for cultivating a culture of inclusion that agents want to join

6 steps for cultivating a culture of inclusion that agents want to join

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us.

Every savvy business owner recognizes that strong company culture is a competitive advantage. Benefits span from being able to recruit top talent to retaining current team members, influencing performance and increasing productivity.

But building a culture that no one wants to leave isn’t easy. Read on to learn about the core pillars of an inclusive culture and how you can leverage them as components to take your brokerage to the top.

1. Create strong mission, vision and values statements

Culture is unique to each organization, and it needs to be defined by your company’s purpose, mission, vision, and values and be aligned with your brand.

Mission, vision and values statements serve as the foundation for an organization’s culture. They convey the purpose or reason the organization exists, the direction it is going and the underlying values of the organization.

When developed and implemented in a thoughtful and deliberate manner, these statements guide the day-to-day operations of the organization, communicate to external stakeholders the core services the brokerage provides and motivate agents toward a common goal.

With these foundational attributes, people know what to expect when they choose to associate with you, and, as a leader, decision-making becomes easier as you can quickly see if your decisions fall in or out of alignment.

2. Create a sense of belonging

One of the most basic human desires on the planet is to feel like we belong. Belonging refers to a fundamental human emotional need for interpersonal relationships, affiliating, connectedness, and being part of a group or community.

Although social belonging is a fundamental human need, according to Harvard Business Review, citing Ernst and Young’s Belonging Barometer, 40 percent of people say that they feel isolated at work. This results in lower organizational commitment and engagement. U.S. businesses spend nearly $8 billion each year on diversity, equity and inclusion training and fail to address the need to feel included.

To fulfill the need of belonging, people need to have a minimum number of enduring, meaningful relationships in their lives that they value and appreciate. It’s important to feel like we’re part of a social group that embraces who we are, rather than feeling a need to hide aspects of our life and identity.

You can create a sense of belonging by:

  • Welcoming interest or affinity groups: Interest or affinity groups are groups that link people with similar backgrounds, experiences, and interests and provide a place to experience business and social inclusion and belonging.
  • Using inclusive language: Inclusive language is communication that proactively uses words, phrases and expressions that are welcoming. Where possible, avoid assumptions that may exclude people.
  • Prioritizing meaningful connections: Meaningful connections in the workplace foster an inclusive environment where diverse perspectives are valued, collaboration is enhanced, and team members feel respected and supported.

3. Build and cultivate psychologically safe environments

Psychological safety is the belief that you won’t be punished or humiliated for speaking up, sharing ideas or raising questions, concerns or mistakes. Psychologically safe environments allow agents to be themselves, show up as themselves, ask questions, disagree, obtain/give feedback, and speak up if they see or hear something concerning.

Creating an open dialogue is the best asset in building an environment that helps agents feel secure, accepted and supported. Allowing your agents to bring up any issues respectfully can help address problems that they’re noticing in the company structure or culture and challenge the status quo.

They may even come up with innovative ideas to suggest a new path. This allows leadership to swiftly provide solutions. Rather than brushing issues under the rug, you and your team will be tackling them head-on to create an inclusive company culture.

4. Employ shared decision-making

Team members and agents need to feel like they belong to something they value — and that they have the power to bring about change when it’s needed.

Shared decision-making is a process that draws on the combined knowledge of many stakeholders (whether that’s members of your team or other leaders) to make smarter, more effective decisions.

While powerful, shared decision-making doesn’t have to be centered on a formal format. You can bring more of it to your organization by simply asking where you could better engage your team members for input. Because you’ve already created a psychologically safe environment, agents will feel comfortable sharing their ideas and bringing fresh perspectives.

5. Recognize and reward team members for their contributions

According to Gallup, about half of the workforce is actively seeking other jobs. The good news is that 42 percent of workers who quit last year said their manager or organization could have done something to prevent them from leaving.

Recognition is an essential part of making team members feel valued in the workplace. According to Gallup, only 23 percent of employees strongly agree that the work they do receives the right amount of recognition. But those workers who do get recognition are four times more likely to be engaged.

Team member recognition refers to all the ways an organization shows its appreciation for an agent’s contributions. You can recognize agents for a number of things like:

  • Achievements
  • Exhibiting desired behaviors
  • Going above and beyond expectations
  • Milestones such as tenure

While monetary rewards are powerful ways to support and recognize agents, small gestures can go a long way in helping promote positive workplace culture, too.

You can do simple things like:

  • Create space for peer-to-peer acknowledgment at your team meetings
  • Extend opportunities for professional development and learning
  • Make it a point to give one word of acknowledgment to someone every day

6. Be a bridge to guide people toward their goals

Just like brokers know whether their company is on track to meet its monthly, quarterly and annual goals, each agent must know whether they are on track to meet their own goals.

Help agents set goals by sitting down with each person and asking them what their goals are.

Here’s how you can also be an effective champion for someone as they journey toward their goals:

  • Discuss their values, aspirations and how they fit into the organization
  • Provide a level of accountability by consistently meeting and providing coaching
  • Make sure to place the focus on progress, not perfection

Creating a workplace culture where everyone feels valued, welcomed and respected is vital to an organization’s success, and it doesn’t just happen overnight. Understanding and adhering to your values, allowing space for authentic conversations and expressing care for the agent’s goals will take intentionality.

Workplace cultures that easily retain agents and keep businesses thriving take time — and it’s worth it.

As the head of inclusion and belonging for Keller Williams Realty International, Julia Lashay Israel advises, trains and coaches leaders, team members and agents to recognize and address diversity, equity and inclusion opportunities and challenges across the organization.

8 fair housing terms every agent should know

8 fair housing terms every agent should know

Keller Williams’ Julia Lashay Israel offers a glossary to help you navigate the complex landscape of fair housing regulations and provide fair and equal service to all clients.

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us.

Getting familiar with fair housing terms is crucial for new real estate agents to ensure they comply with legal requirements and provide equal service to all clients. Here are some key terms they should learn:

TAKE THE INMAN INTEL INDEX SURVEY FOR MAY

1. Fair Housing Act (FHA): The primary federal law that governs fair housing practices, which prohibits discrimination in the sale, rental and financing of housing based on race, color, religion, sex, disability, familial status or national origin.

2. Discrimination: Discrimination in real estate refers to the unfair treatment of individuals or groups in housing-related activities based on characteristics that are protected by law. Examples of discrimination in real estate may be: 

  • a landlord refuses to rent an apartment to a family with children
  • preferring to rent only to adults
  • a property manager requires a higher security deposit from tenants of a particular race
  • a real estate advertisement states that a property is “ideal for young professionals” and discourages families with children from applying.

3. Protected classes: These are groups of people protected by fair housing laws, including race, color, religion, sex (which includes gender and sexual orientation), handicap, familial status, and national origin. Discrimination against these classes is illegal.

4. Reasonable accommodation: A reasonable accommodation is a change, exception or adjustment to a rule, policy, practice or service that is necessary for a person with a disability to have an equal opportunity to use and enjoy a dwelling. This requirement is intended to ensure that individuals with disabilities are not discriminated against and can fully access and enjoy their housing. Examples of reasonable accommodation are:  

  • Allowing a tenant to have a service animal
  • Providing a designated accessible parking space close to the entrance of the building
  • modifying a lease requirement, such as allowing a live-in aide for a tenant with a disability.

5. Reasonable modification: A reasonable modification refers to structural changes made to a dwelling or common areas to enable a person with a disability to have full enjoyment of the premises. Unlike reasonable accommodations, which are changes in rules, policies, or services, reasonable modifications involve physical alterations to the property.

These modifications are often paid for by the tenant. Examples of reasonable modifications are:  

  • installing a ramp to provide wheelchair access to a building entrance
  • adding grab bars in bathrooms to assist with stability and movement
  • adjusting doorways to accommodate wheelchair access. 

6. Redlining: Redlining is a discriminatory practice in real estate and lending where services, such as mortgages, insurance, or loans, are denied or made more expensive for residents of certain areas based on racial or ethnic composition. The term “redlining” comes from the practice of using red ink to mark areas on maps, typically minority neighborhoods, where financial institutions would avoid making investments.

7. Steering: Steering is an unethical and illegal practice where real estate agents or brokers guide prospective home buyers or renters towards or away from certain neighborhoods based on race, ethnicity, religion, or other protected characteristics. This practice reinforces residential segregation and violates the Fair Housing Act. Examples of steering may include:

  •  only showing homes in certain neighborhoods to clients based on their race or ethnicity
  • advising clients against looking at homes in particular neighborhoods based on the agent’s perception of where they should live
  • providing different levels of service or information to clients based on their background. For instance, giving more detailed information about school quality and amenities to clients of certain races or making comments about the racial, ethnic, or religious composition of neighborhoods to influence a client’s decision.

8. HUD (Department of Housing and Urban Development): The U.S. Department of Housing and Urban Development (HUD) is a federal agency responsible for national policies and programs that address America’s housing needs, improve and develop the nation’s communities and enforce fair housing laws. HUD’s involvement with fair housing is central to its mission to ensure equal housing opportunities for all Americans.

Learning and understanding these terms will help new agents navigate the complex landscape of fair housing regulations and provide fair and equal service to all clients.

As the head of inclusion and belonging for Keller Williams Realty International, Julia Lashay Israel advises, trains and coaches leaders, team members and agents to recognize and address diversity, equity and inclusion opportunities and challenges across the organization.