Real estate and stress go together like peas and carrots. But when agents’ stress levels become too high it’s easy to feel overwhelmed and burn out.
Real estate agents need to learn the early warning signs of stress overload to avoid burnout in an industry often described as a ‘rollercoaster’, according to stress scientist Chris Wilson.
Speaking as part of Accelerate 2021, Chris explained agents need to learn the difference between good stress that motivates them to succeed and bad stress that causes cortisol to flood the body and lowers their immune system.
Turning to alcohol and sugar-laden foods isn’t the answer either.
Chris suggested each agent needs to identify their triggers and have a bag of tools or strategies to lower their set point.
What those tools are could be different for every agent.
BIDIRECTIONAL
Itโs common for real estate agents to feel as though theyโre being pushed and pulled in all directions as they juggle work, parenting, home life, friendships and other numerous demands for their time.
โIn a small period of time your resources get stretched,โ Chris explained.
โThen your ability to cope becomes less, and we call it bidirectional. So youโre increasing your stress and your tolerance level drops… if people donโt stop and force the reset, their brain and body will go, โNo thanks!โ Thatโs when people start feeling really burnt out, really tired and things like that.
โIf you want a career in real estate, youโve got to change the way you play.โ
The good news is agents donโt go from relaxed to incredibly busy to burnout in a split second.
Thereโs always time between each of those stages.
The problem is people donโt recognise the early warning signs.
โWe keep pushing,โ Chris said.
โWeโve got to accelerate and go faster, and I think with agents, or even the industry itself, thereโs no real endpoint.โ
Chris says the goal should not be to avoid stress at all costs but to build up a tolerance or resilience.
EARLY WARNING SIGNS
Itโs also critical to recognise early warning signs that stress levels are rising beyond a healthy level.
Those warning signs could be physical, such as tense muscles or headaches, mental signs such as feeling angry or irritable, or emotional signs such as low mood and racing thoughts.
If agents donโt recognise the signs and hit the reset button, a snowball pattern is created until they start each day from an already overwhelmed position, rather than a harmonious place where stress levels are healthy and manageable.
โI can identify when my negative stress is dominating, and I can force myself back down into the healthy zone,โ Chris said.
โIf I ignore it and keep the negative stressโฆ then even the little things start to trigger me, and if I donโt recover by the time I go back to work the next day, Iโm starting way up here, and Iโm triggering straight away.โ
One of the quickest and easiest perceived fixes is to reach for a bottle of wine or a sugary treat, but Chris warned this is self-sabotage.
Alcohol prevents the brain from entering the deepest sleep stage, which is what allows us to recover overnight.
Sugar is addictive, which explains why you get that daily 3pm craving for a Mars Bar.
โYour brain starts going, โHey, whereโs my sugar?โโ Chris said.
Instead, he suggested agents need to map out the areas where they can regain control of the situation and their stress levels.
To do this, they need to recognise their ability, or capacity, to cope with stress changes day by day.
It also changes from one agent to the next, so itโs important not to compare yourself to others in the industry.
โWhat we donโt allow for is where we are and when we compare ourselves to who we believe we should be, and where we should be, we have this disconnect,โ he said.
One way to help limit the bodyโs stress response is to control the ‘imagination piece’ in your brain, which is responsible for all of the made-up scenarios that play out in your mind ahead of what you perceive as a potentially threatening situation, such as a meeting with your boss.
HORMONES ARE MESSENGERS
Chris said this would cause the brain to release cortisol, the primary stress hormone.
โWhat we know is that if youโre chronically exposed to cortisol and stress your immune system, your first-line defence drops,โ he said.
โWe can control the release of these chemicals in the body by controlling our perception and our responses in our environment.โ
Chris described hormones as โmessengersโ, with cortisol sending the signal to accelerate and go faster, while chemicals such as serotonin and dopamine help you decelerate or slow down.
Unfortunately, you canโt release both types simultaneously.
โImagine your typical, accelerative, stable day,โ Chris said.
โThe alarm goes off, you jump out of bed, and youโve got 10 minutes before you need to feed the kids and get in the car. Youโre late to school, you get to the office, and itโs a typical day where at 7pm your phone is still going.
โYou havenโt allowed those other hormones (serotonin and dopamine) to come into play, and what it does is it changes the chemical balance in the brain and the body.โ
YOUR CIRCADIAN RHYTHM
If you donโt switch off in the lead-up to bedtime, your circadian rhythm, also known as your sleep-wake cycle, can be thrown into disarray.
โThe term I use is, โwhen the house goes quiet, the brain gets busyโ,โ Chris explained.
โWhen things are taking my focus, I donโt have time to ruminate and think about the future or the past.
โBut when things go quiet, we start to have this battle in our brains about everything thatโs going to happen tomorrow and how everyone is going to react and how thatโs going to make me feel. So we are starting to accelerate the body and the brain again.โ
One trap agents fall into is catching up on work late at night under the false belief that they are not harming themselves because they still fall asleep easily.
But Chris said the quality of sleep is the issue, and itโs difficult to achieve deep, restorative sleep.
If this happens for as little as three consecutive nights, Chris said agents can have more emotional reactions to vendors and clients and are less likely to make sound business decisions.
โMost importantly, your natural killer cells in your body drop by 70 per cent because you havenโt gone into that deep sleep recovery,โ he said.
โIโm not trying to put fear in people, but now weโre talking about health issues. Consecutive high stress, poor sleep and no intervention are how we start to see agents burn out.โ
FINDING MORE TIME
To slow things down, Chris reminded agents that time is merely a concept, and the barrier of โnot having enough timeโ can be eradicated once you look at your capacity to do more in conjunction with the capability piece of your puzzle.
Some days you will have the capability and the capacity to do more, but on other occasions, you may have the capability but not the capacity.
โWe often have to look at the capacity piece and the capability piece of the individual, and then we have to map where they can take some control back,โ Chris said.
He also recommended journaling or writing out a daily to-do list, right down to assigning time to check your emails, make calls or network with people.
This can help you stop viewing these necessary tasks as taking time away from your day.
โJournaling is a way in which we can start to feel like weโve got control,โ Chris said.
โI purposely lean on that, especially in the real estate industry. Itโs the lack of control and reactiveness of the industry that causes overwhelm.
โThe journaling piece at the beginning is about saying, โHow am I allocating my time today? Where am I directing my energy? Whereโs the best return or interest for energy spent?โโ
CURTAILING CORTISOL
Chris says your cortisol levels are naturally higher when you wake up in the morning, so you get going and start your day.
As long as these levels arenโt too high, he recommends using that energy to exercise, which is also a great stress reliever.
โThe best bang for your buck is to get up in the morning and move,โ Chris said.
When it comes to meditation, Chris says thatโs best before bed, while the ultimate goal is to be able to use your meditation techniques anywhere and at any time.
โWhat youโre doing is sleep hygiene, so youโre forcing your brainwaves to go into that deeper level before you try and sleep. Youโre preparing to sleep.โ
Chris said a better nightโs sleep will also help you flatten the cortisol curve, and you wonโt wake up with such a high spike of the hormone.