The Goldilocks Equilibrium

by | Sep 29, 2021

In a recent blog, Seth Godin explains the Goldilocks equilibrium.

It’s the belief that when a service is offered, a few people will like it really hot, a few people will like it really cold, but most people will like right in the middle.

Naturally, you’d want to craft your offering to meet the needs of the middle.

But what if your assumptions about the middle are wrong? According to Seth, they usually are:

Seeking the Goldilocks equilibrium is a trap.

While it might diminish criticism, it maximizes apathy.

While it might increase your appeal to a hypothetical middle-of-the-road consumer, it might be that there aren’t many of these.

For many services, the middle is hollowed out.

What you’re left with are the people who want a lot more or want a lot less of whatever it is you’re able to adjust.

This is exactly what is happening in the real estate recruiting marketplace.

Some brokerages serve agents by offering them a high-service/high fee model.

Some brokerages serve agents by offering them a low-service/low-fee model.

But many brokerages are still attempting to serve a diminishing number of agents in the middle by offering them a Goldilocks alternative.

It may be time to pivot.

 

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.

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On Tuesday, you’ll have the opportunity to download our latest Agent Migration Report. It’s 47 pages packed with actionable insights that will help make sense of the recruiting landscape. For example, the report outlines the basics of who’s moving and at what rate.

Agent Migration: Q1 Had Some Big Surprises

Agent Migration: Q1 Had Some Big Surprises

While there’s a lot to digest, it’s critical to apply these insights to your recruiting strategy in the months ahead. That’s one of the reasons we’ve partnered with Lone Wolf to host a live webinar covering the Q1 Agent Migration trends you need to understand to compete effectively. Industry veterans Mark Johnson and Kyle Hunter will lead the session, simplifying the data, prioritizing what matters most, and outlining clear, actionable steps you can take.