(Updated March 2014)
Who benefits from mentoring? Everyone! In fact, current research in mentoring literature indicate that all parties gain from mentoring relationships—mentors, mentees and organizations. It's no wonder that many successful real estate firms have realized the benefits of establishing a mentoring program. And, in turn, many successful agents have realized the benefits of working with a mentor. This updated field guide will help you with mentoring basics, mentoring programs, tips to locate a mentor and a section on mentoring and the real estate industry. You will also discover a variety of eBooks, books and other mentoring resources available just for you from the National Association of REALTORS®. (K. Bartlett Walsh, Senior Quality Assurance/Customer Advocate)
Mentoring: Myth or Truth?
- Myth - The mentor does all the work.
- Truth - Proteges seeking mentors must drive the mentoring process based on what they want to accomplish.
- Myth - One mentor can do it all.
- Truth - With the volume of skills needed in today's business environment, proteges should seek the best mentor for a specific skill set.
- Myth - Mentoring must be a long-term commitment.
- Truth - Structuring short-term, goal-oriented arrangements addresses the limited time of both parties and increases the likelihood of success.
- Myth - Mentoring must occur one on one.
- Truth - Effective mentoring can occur in a variety of settings.
- Myth - Mentor-protege similarities are essential.
- Truth - Potential mentors and proteges should seek those with different backgrounds, experiences and perspectives.
Source: Think you're interested in mentoring? Learn the truths behind the myths., (Louisville Business Journal, Jan. 17, 2009).
Mentoring: An Overview
Mentors and mentoring: what is a mentor?, (About.com, 2014).
Mentors and mentoring: being a mentor, (About.com, 2014).
We must all be mentors now, (KM World, Nov./Dec. 2013). Q
Creating bonds, (McClatchy-Tribune Business News, Sept. 13, 2013). Q
Mentoring as a source of organizational advantage, (Leader to Leader, Summer 2013). Q
What keeps people in mentoring relationships when bad things happen, (Journal of Vocational Behavior, Dec. 2010). Q
Unleashing the power of anytime coaching, (Public Manager, Spring 2010). Q
Informal Mentoring, (Leadership Excellence, Feb. 2010). Q
A mentoring culture can boost employee retention, bottom line, (Minneapolis St. Paul Business Journal, Apr. 17, 2009).
(6) Ways to groom your successor, (Builder, Jan. 2008). Q
Have you had a mentor in your career? If so, what valuable things did you learn from that person?, (Cincinnati Business Courier, Apr. 27, 2007).
Mentoring & Real Estate
The coaching, mentoring and training toolkit, (REALTOR® Magazine Online, 2014).
AE mentoring program, (REALTOR.org, 2014).
Growth Coaching Systems; Business Coach, Mentor and Best-Selling Author Dennis McGough's True Secret of Success: "Be Coachable", (Insurance Weekly News, Mar. 7, 2014). Q
MAR mentor program aims to keep new REALTORS® from leaving the business, (REALTOR.org, Oct. 25, 2013).
REALTOR® volunteering works program announces 2013 mentoring and grants recipients, (REALTOR.org, Apr. 23, 2013).
The champion agent's time block—Mistake #1, (Realty Times, Oct. 15, 2010).
7 tricks and tips for mentoring, (Florida Association of REALTORS®, 2009).
What makes a good mentor?, (Florida Association of REALTORS®, 2009).
The importance of mentors and role models, (Realty Times, Sept. 16, 2008).
The international mentoring association, (mentoring-association.org, 2014).
MENTOR/National mentoring partnership, (mentoring.org, 2014).
Midstate mentoring program helps women network, learn, (McClatchy-Tribune Business News, Jan. 29, 2014). Q
SBA advice for small businesses: how to develop mentors, board of advisors (Journal Record, May 2, 2013) Q
Help them grow, (Caterer & Hotelkeeper, Mar. 29-Apr. 4, 2013). Q
Building a successful mentoring program, (The Journal for Quality and Participation, Summer 2007). Q
Mentoring program pushes Fed Ex beyond just deliveries, (Pittsburgh Business Times, June 29, 2007).
Crafting a coaching culture, (Training, May 2007). Q
Great mentoring relationships are strategic, tactical, (Phoenix Business Journal, Apr. 6, 2007).
Mentoring programs can provide employees with tools for success, (Columbus Business First, Sept. 29, 2006).
Finding a Mentor
Real estate mentors, (isucceed.com, 2014).
Mentors and mentoring: Finding a mentor, (About.com, 2014).
Why you should find a mentor, (REALTOR® Magazine Online, 2014).
The misery of mentoring Millennials, (Business Week, Mar. 14, 2013).
You're never too experienced to have a mentor, (Washington Business Journal, Mar. 6, 2009).
Need help with your biz? Find a mentor, (Nashville Business Journal, Aug. 10, 2007).
Starting out - first job's first 90 days, (Wall Street Journal, July 22, 2007). Q
Books, eBooks & Other Resources
The following eBooks and digital audiobooks are available to NAR members:
Appreciative Coaching—A Positive Process for Change (Kindle, Adobe eReader)
Beyond the Myths and Magic of Mentoring (Kindle, Adobe eReader)
Coaching, Counseling & Mentoring (Kindle)
Double your income doing what you love—Raymond Arrond's guide to powerful mentoring (OverDrive Audio Book)
Power Mentoring—How Successful Mentors and Proteges Get the Most Out of Their Relationships (Kindle, Adobe eReader)
The Power of Self Coaching (Kindle, Adobe eReader)
The Power of Self Coaching (OverDrive Audio Book)
Books, Videos, Research Reports & More
The resources below are available for loan through Information Central. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Central at 800-874-6500 for assistance.
Coaching, counseling and mentoring - how to choose and use the right techniques to boost employee performance, (New York, NY: American Management Association, 2007). HF 5386 St7
Magic bullets in real estate - your complete guide to understanding and using real estate to your best advantage, (Kodiak, AK: Hathshire Press, 2005). HF 5438 Au4
Portable mentor, (New York, NY: American Management Association, 2004). HF 5386 C38
Winning the talent wars, (New York, NY: Norton & Company, 2001). HF 5549.5 T82
Peer mentoring relationships among real estate salespeople, (Columbus, OH, 1999). HD 1375 P96
Mentoring: the most obvious yet overlooked key to achieving more in life than you dreamed possible: a success guide for mentors and proteges, (New York, NY: McGraw Hill, 1997). HF 5386 P27
Mentoring: the most obvious yet overlooked key to achieving more in life than you dreamed possible: a success guide for mentors and proteges, (New York, NY: McGraw-Hill, 1997). AUDIO CT607
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