3 Questions You Should Ask Every Experienced Agent

by | Jun 2, 2021

When you’re in a dialog with an experienced recruiting prospect, it’s appropriate to ask:

Did you make more money last year than you did the year before?

Are you on track to make more money this year than you did last year?

Is your life more sane now than it has been in the last couple of years?

If you get a ‘yes’ to all three questions, your chances of recruiting such an individual are low.

But according to NAR’s recent member survey, your chances of getting a ‘yes’ to all three questions is pretty low.

In 2020 (compared to 2019), agents had:

Less Production– $2.1M (down from $2.3M)
Less Transactions—10 (down from 12)
Less Income–$43K (down from $49K)

This decrease happened in spite of a record number of homes (5.64M) being sold in 2020.

Since sales were going up and income was going down, the competition for this business was intense and that makes for highly stressed agents.

If your value proposition helps agents increase their income and lower their stress, your message should resonate with a large population of agents.

And these questions will help you get the conversation on this topic started.

 

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.

Find a Struggle to Share

Find a Struggle to Share

If you want to connect with someone beyond the surface level, find something they’re struggling with and share in their pain.
Authors Chip and Dan Heath describe how this works:
One study found that when strangers were asked to perform a painful task together—in one case, submerging their hands in tubs of ice water to perform a sorting task—they felt a greater sense of bonding than did strangers who had performed the same task in room temperature water.
This bonding happened even though the task was pointless.