How Diversity Can Enrich Real Estate Businesses an…


Diversity is the way of the future, writes The Agency’s Mauricio Umansky. Here, he unpacks the advantages of intentionally building a diverse team for your clients, your agents and your business.

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Diversity is an essential component of building a successful real estate business. Raised in a family of entrepreneurs within the textile industry, I’ve proudly embraced my Mexican and Jewish heritage. I have experienced firsthand the transformative power and value of diversity in creating a more inclusive and vibrant industry.

Human connection is everything in real estate, and diverse teams have a wider variety of perspectives and experiences to offer their clients. 

More and more companies are implementing diversity initiatives and watching their businesses flourish as a result. Let’s unpack some of the advantages that come with having a diverse team.

Increased innovation

In a room where everyone has a similar background and similar strengths, you’re going to hear a lot of the same ideas thrown out over and over again.

On the flip side, diverse teams never have a shortage of fresh ideas due to varying perspectives and broad ranges of skills. Innovation comes naturally when people with different outlooks put their heads together. This outside-the-box thinking will keep your team ahead of the curve on everything from marketing to workspace design. 

Diverse teams are also more resilient and better equipped to weather an ever-changing industry. With a variety of viewpoints at your disposal, your business will be more adaptable and poised to solve whatever problem the market throws at you. 

Stronger client relationships 

Diversity allows your team to foster strong personal connections with a wider range of clients. Having team members from varying cultural…