Transparency is a must in a real estate industry, actually, in every organization. Imagine experiencing trouble in the business yet you don't know the root-cause of the concern. How can you even know what step to take if the problem itself is unknown in the first place? They say "attack the problem, not the person"; however, if the problem is hidden, chances are, you will be attacking anyone in the industry. This is such a recipe for disaster!
Ezine reveals that transparency yields good results if considered as a culture in every organization, let alone, in the real estate business.
You can find solutions easier
If, from the very start, the problem is unveiled to everyone in the industry, then, the concern shall raise awareness among the whole staff, not to threaten them but to give them an opportunity to share their own solutions to the problem. The industry then should let the agents speak out while the management is open to feedback. Thus, the problem should not merely become an 'open secret' but it should be cascaded among the real estate staff to be addressed holistically. Two is better than one after all.
You can develop teamwork
Would there be trust if you know there are things that are hidden to you? Certainly, not! Transparency contributes to a stronger bond among your peers. Transparency should even start within one's self. Doing so can motivate others to also tell the truth and be transparent rather than holding back something from you. Interdependence should be observed to achieve good results. Along with interdependence is loyalty. If you are loyal to yourself and to others, you can keep everything in the real estate industry going; thus, the industry thrives.
Your industry becomes the most sought-after
Because there is transparency circulating in the veins of your industry, everyone strives harder to perform well so as not to get caught slacking around the company. Poor performers love hiding things while great performers want transparency. Every real estate staff seeks for areas where they need to improve and they will be happy to be told whether they are performing well or not. Let's face it! Top performers and great staff in an industry demand transparency, so don't deprive them of that. If your industry has nothing but great performers, you will most likely be listed as one of the sought-after real estate firms. How does that sound to you?
But, there's one more thing you should know about transparency - it should be implemented for the common good of the company as a whole, not for one's personal interest only. So, are you up to the challenge?
