Business
Transforming Team Conflicts into Cooperation: A Real Estate Leader’s Handbook

Transforming Team Conflicts into Cooperation: A Real Estate Leader’s Handbook

In any occupation, members of a team may inevitably disagree over something for any number of reasons: temperament, misunderstanding, and stress, to name a few, and the real estate industry isn’t a stranger to such conflicts. These clashes may affect productivity and team spirit, and hence, leaders must solve them for the good of the whole team. The best leaders approach these challenges with the mindset of cooperation to become more effective in handling the situation. When constructive discussions replace disagreements, they are beneficial for team morale, work relations, and work output.

Understanding the Roots of Conflict

Conflicts in real estate often stem from misunderstandings or differing priorities among team members. For instance, an agent might feel overlooked during a team meeting, while another might perceive a lack of support in closing deals. Stressful conditions such as working towards meeting quarterly sales targets or clinching a difficult sale only add to such pressures. Knowledge of these factors is important, especially for leaders who wish to improve employees and organizational relations.

Mediation Techniques for Real Estate Leaders

As a leader, the idea of mediation might feel daunting, but with these 6 simple steps, it doesn’t have to be:

  1. Listen Actively: Encourage open communication by allowing team members to express their concerns fully. It’s important to document key points to demonstrate understanding and validate their feelings. This not only fosters trust but also sets the stage for effective resolution.
  2. Maintain Neutrality: Being a mediator means not playing a side, but rather trying to resolve the problem. This neutral stance helps create an atmosphere where all parties feel safe to express their views without fear of judgment.
  3. Promote Open Dialogue: Creating a safe space for team members to share their perspectives is vital. Encourage an environment where feedback is constructive and differing opinions can coexist. Regular team check-ins can help maintain open lines of communication.
  4. Identify Common Goals: Highlight shared objectives to shift focus from the conflict to potential solutions. When people understand that they are working towards a common goal, they are more willing to compromise and look for the middle ground.
  5. Structured Problem Solving: Help manage a more formal approach to conflict resolution by walking your team through the steps from problem definition to resolution. Use techniques like brainstorming sessions or facilitated discussions to generate ideas and find common ground.
  6. Follow-up: After reaching a resolution, check in with the involved parties to ensure the solution is effective and reinforce a commitment to harmony. Follow ups can also keep future conflicts from arising and establish an open culture of accountability.

The Role of Emotional Intelligence

Alongside the practical knowledge of mediation techniques, developing emotional intelligence is important for real estate leaders. Emotional intelligence means the ability to understand your feelings as well as those of others, and this will go a long way in improving both interaction as well as conflict management. Managers who care and take their time to listen make sure that everyone in their team can freely discuss ideas. In addition, developing emotional intelligence as a team will enhance people’s interpersonal relationships and make the team more united.

Recommended reading: Why Emotional Intelligence is Crucial for Effective Leadership

Real-World Application: Darryl’s Approach

Darryl Davis’s methods emphasize practical strategies for resolving conflicts. For example, in a situation where two agents clash over responsibilities in a high-stakes property sale, Darryl encourages leaders to facilitate open communication, allowing each agent to express their concerns. By actively listening and guiding them toward a resolution, leaders can empower agents to collaborate effectively in future transactions.

Another example is a team experiencing conflict due to miscommunication about roles. Darryl often recommends organizing a team meeting to clarify each team member’s responsibilities and foster collaboration to “turn breakdowns into breakthroughs.” This concept outlines the need to step back and look at the situation with the mindset of “what could I do better next time?” This proactive approach addresses the current conflict while building a foundation for better communication in the future.

What’s most important for leaders, according to Davis, is to have a plan in place for mediation before leaders find themselves in the midst of it. Develop guidelines and set clear expectations for managing conflicts, and then use those parameters to manage the conflict resolution process.

The Takeaway

Leading a real estate team involves navigating conflicts with mental agility and finesse. When leaders use proper mediation skills, understand the cause of conflicts, and develop the emotional intelligence required for handling the situation well, then they are able to establish proper working relations. Continuous communication and feedback will improve the morale and productivity of the team as well as turn challenges into growth opportunities for the team.

For those looking to further develop their skills in conflict resolution and team leadership, opt in for Darryl’s powerful Leadership Lens weekly newsletter here: Leadership Lens by Darryl Davis