The Recruiting Quick Plan

by | Feb 7, 2022

Once you put a recruiting prospect on your Warm List, it’s time to start strategizing on how to dislodge them from their existing brokerage.

The more production and longevity a prospect has with a competitor, the more difficult it will be for them to unplug their business and accept your recruiting offer.

During coaching, I encourage hiring managers to develop a “quick plan” for those who are going to be more difficult to recruit. The quick plan contains the following components:

Problem/Pain: What is this prospect experiencing that would make them want to move?

Potential Solution: What’s the short version of how you can solve this problem (one or two sentences)?

Financial Model: How and why does your solution make financial sense for this prospect?

Influencers: Who else do you know who could help sway this person’s decision to accept your offer?

Next Step: What is the next best thing you can do to get this prospect one step closer to moving?

It’s too time consuming to build a quick plan for everyone on your Warm List.

Just use this technique for your highest value and most complex 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.