Claim Your Niche

by | Apr 28, 2020

One of the key components of a recruiting strategy is defining a niche.

A niche is a tightly defined portion of the overall recruiting marketplace.

This marketplace can be quickly divided into the broad categories of new agents and experienced agents.

But to be effective, you need to drill down further.

For example, your new agent niche could be referrals from the sphere of influence of your existing agents.

It’s better to put intense focus on dominating a narrow niche than going shallow across a broader number of opportunities.

As you develop your after-covid recruiting plan, some of the common niches may be less fruitful for a while or completely gone.

For example, if your niche was capturing new agents from physical real estate schools, it’s time to pivot.

As old opportunities go dormant (or disappear completely), new opportunities emerge.

Those who find and dominate the new niches in the after-covid recruiting marketplace will win the next generation of agents.

 

The Simple Psychology of Real Estate Recruiting [2nd Edition]

Unlock the secrets of effective real estate recruiting. Revised to include actionable frameworks for sharper execution and to help you turn psychological theory into a repeatable recruiting system.

Creating Pacts to Avoid Distraction

Creating Pacts to Avoid Distraction

Notice the two parts to Nir’s formula: a pre-commitment and an external force to keep you accountable to that commitment. For recruiting setting goals and time-blocks in your schedule is not enough. Most people need some kind of external accountability, as well.

Look for Individuals Who Want to be Measured

Look for Individuals Who Want to be Measured

It’s not that people with a growth mindset don’t experience failure—they just see failure as an opportunity to learn new things, to be challenged, and to experience curiosity. This is an important topic to cover during interviews and follow-up conversations with your prospects. If you find someone who likes being measured, you’ve likely found someone who will push through the inherent failures of growing a real estate business and experience long-term success.