8 Defining Characteristics of Crisis Leadership for Brokerage Owners
Originally published by Inman News and authored by Chris Pollinger, Founder and CEO of RE Luxe Leaders™.
In times of uncertainty and rapid change, brokerage owners face pressures that test both resolve and strategic clarity. Exceptional crisis leadership is not accidental—it emerges when timing, skill, and individual leadership voice converge.
This article distills eight consistent leadership characteristics that top-performing brokerage leaders embody during crises—traits critical to maintaining operational stability, culture, and long-term legacy.
1. Communicate Clear Expectations for Each Team Member
In the volatility of crisis, clarity is your strongest ally. Every administrative and sales professional must understand their responsibilities and how performance will be assessed. Setting transparent benchmarks—such as reasonable sales targets and professional conduct standards—fosters accountability. This structure protects culture and minimizes turnover during disruption.
2. Ensure Each Person Has What They Need to Represent the Team Well
Avoid gaps in tools, training, and support no matter how fluid circumstances become. Each team member requires the right technology, coaching, and domain knowledge to uphold your brokerage’s brand promise.
Your brand’s reputation is one of your firm’s most valuable assets—sustaining it depends on enabling every individual to meet its high standards, especially in crisis.
3. Give Opportunities to Do What They Do Best Daily
Crisis can reveal both vulnerabilities and potential. Strong leaders recognize and cultivate the unique strengths of each team member. Identifying and providing consistent outlets for individuals to apply their core competencies enhances engagement and productivity when it matters most.
4. Consistently Recognize and Praise Strengths
Public recognition fosters motivation and elevates team morale, while private correction maintains dignity and trust. Deliberate and timely praise sparks a culture where excellence is noticed and encouraged, inspiring higher performance across your brokerage.
5. Show Genuine Care for Each Person Beyond the Role
Financial results are the outcome, but human capital fuels success. Especially during crisis, empathetic leadership that acknowledges the personal challenges and wellbeing of your team members cultivates loyalty and resilience. Remember, your people are more than their job titles—they are the foundation of your legacy.
6. Encourage Personal and Professional Development
With shifts such as remote work and social distancing, time reallocated from commute or office presence can be invested in skill advancement. Supporting growth—whether through training, mentorship, or external experts—strengthens the team’s overall capability. Development should extend holistically to include financial acumen, communication skills, and wellbeing.
7. Listen to Opinions from All Team Members
Crisis demands adaptive solutions. The frontline perspective offers insights unattainable from the corner office alone. Intentional listening creates collaborative culture and uncovers practical, elegant pathways through uncertainty.
8. Lead with Purpose Beyond Profit
The real estate transaction is more than a financial exchange—it is a pivotal life experience for your clients. Leading your brokerage with a sense of deeper purpose reminds every team member that their work impacts lives profoundly. This philosophy fortifies commitment and sustains morale beyond quarterly results.