Learn the key elements of a realtor scoreboard for real estate agents to effectively track their lead generation activities to bring in more business.
Realtor scoreboards (sometimes referred to as dashboards) are essential for a growth-oriented business model. You must have a compelling dashboard in front of you at all times. And, you must refer to it regularly in order to create professional responsibility. This is absolutely key.
Today we are going to dive into the Realtor scoreboard/dashboard, and what it should look like.
VIDEO: The Realtor Scoreboard – How to Track Lead Generation
Realtor scoreboard: it’s pretty simple
This Realtor scoreboard model works for solo real estate agents just as well as for teams and brokerages.
The one I’m showing you today is a very “old school” model of a scoreboard/dashboard. It’s the one I’ve used to coach and train forever. It’s pretty basic … it’s an Excel spreadsheet. That said, there are so many great, high-tech versions of this model out there. I truly believe that all you need is a simple spreadsheet, however, because sometimes simple is better. It’s up to you — the rest is just window dressing.
Today, I’ll show you the team Realtor scoreboard. It shows what team members should be tracking as far as Activity Based Indicators (ABIs) and Results Based Indicators (RBIs).
The items on your Realtor scoreboard
ABIs – Activity Based Indicators on your Realtor scoreboard
Remember, ABIs are actionable. These are the primary focus of agents on a team.
- Sphere of Influence (SOI) Contacts
- SOI Growth
- Open Houses
- Circle Prospecting
- Social Media
- Lead Follow Up Tasks
- Total Online Lead Contacts
- Recruiting Appointments
RBIs – Results Based Indicators on your Realtor scoreboard
- Listing Appointments Set
- Listing Appointments Had
- Listing Agreements Signed
- Buyer Appointments Set
- Buyer Appointments Had
- Exclusive Buyer Agency Agreements Signed
The Executive Team Real Estate Coaching Program is designed for a high functioning larger team. These team leaders will build their influence, structure their brokerage systems and growth, recruit, lead internal divisions to operate at a high level and leverage their time. Opportunities to add ancillary services to build wealth.
Realtor scoreboard: track your training
You can also use your Realtor scoreboard to track training measures.
At ICC, we provide over 50 industry-leading online courses, with various certifications and designations, across every topic you could think of relating to real estate.
This section can also include job shadowing opportunities that you provide your agents.
Your agents will graduate through this process, which usually takes 6 months to a year. Then, they can start to self-manage and will require less of this intensive training.
Your Realtor scoreboard will help you run your business by design
Your Realtor scoreboard/dashboard will help you see, at a glance, if you are ahead or behind.
It is an invaluable tool, and completely necessary for any real estate organization that hopes to grow.