What is Your Recruiting Strategy?

by | Aug 9, 2021

If someone asked you to describe your recruiting strategy in one sentence, what would you say?

Most hiring managers stumble on this question because it’s difficult to define strategy.

Here is a helpful definition that Rich Millington recently published:

A strategy is the unique value you provide to prospects that they can’t get anywhere else.

A strategy statement describes how you will prioritize your efforts to deliver that unique value.

Using this definition, here are some short strategy statements to get you thinking about your unique value.

We’re the most reliable/trustworthy.
We have the friendliest culture.
We’re the most exclusive.
We’re the most nimble.
We’re the most comprehensive.
We’re the most focused.
We’re the best at assisting new agents.
We’re the best at helping experts.

You already know it’s unrealistic to try to be good at everything.

But it’s also a mistake to be truly good at something and then fail to clearly communicate it to your recruiting prospects.

 

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.

The Attrition Variables

The Attrition Variables

While these attrition constants still have the greatest influence, there are some emerging attrition variables worth noting. People also tend to leave companies when: They feel like they’re not doing as well as others in their peer group outside the company. They feel like they’re not as far along as they should be at a certain point in life.

The Attrition Constants

The Attrition Constants

If you’re not focusing most of your retention effort on these issues, you’ll miss the mark. If you’re not focusing most of your recruiting effort on exploiting these weaknesses among your competitors, you’re missing the best opportunities.

The Persistence Mindset

The Persistence Mindset

A leader equipped with this mindset can have a profound effect on the life and career of each individual they engage. It works because an agent is getting a real-time glimpse of what it would be like to work on your team. But it only becomes believable when it is persistently applied over time.