NFL Roster Cuts and Real Estate

This past weekend all 32 NFL teams had to cut their rosters from 90 players to 53. This is a mandatory cut required by the league. Team leadership is faced with hard decisions. It doesn’t matter who they like, what individual players are nice or good people. What matters is performance and contribution.

Leadership is faced with the decision to limit their roster to the strongest 53 players, who they feel will make the biggest contribution to the ultimate goal of winning.

I wonder what would happen if real estate brokerage owners and team leaders had the same deadline. What if you had to cut your roster down to the strongest performers in your company?

One of the reports I use in brokerage/team operations, is the quadrant report. It separates the agents in an office or on a team into four quadrants. The transaction numbers change by company, so I’ve used general rule of thumb numbers for the illustration below, but essentially you are segmenting agents by production in four increments. Note: step two of this report is to use company dollar instead of transactions. I don’t suggest using gross commission income or dollar volume.

The goal by quarter should be to see a migration of agents from the non producing quadrant into one of the producing quadrants. If an agent stays in quadrant 4 with no production, then perhaps they should be cut from your team.

Building a strong team of producers is the fastest path to making money in real estate.

Published by Wendy Forsythe

I've spent my career working with people and organizations to help them build their brands. We live in a connected world where that line between a personal and professional persona has become nonexistent. Your brand is you 24/7. This blog is about me and my life. Some of it will relate to my passion for the real estate industry and some of it will just be about me living life and exploring my interests. The opinions expressed here are my own personal opinions.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: