Predicting the Likelihood of Change

by | Jul 14, 2022

Over the last five years, how many jobs have you had?

According to a global recruitment study, 90% of the working population had three or fewer jobs during the last 5 years.

More specifically:

47% of individuals have stayed in the same job

43% of individuals had 2 – 3 jobs

10% of individuals had more than 3 jobs

When evaluating an experienced agent recruiting prospect, always ask yourself:

When was the last time this person changed companies?

This is important information because a prospect’s chances of making a change are much higher if they have:

1. Demonstrated a willingness to change positions (had at least 1 job change        in their recent work history).

2. Been in their current role for more than 2 years.

If both of these conditions are met, your probability of making a hire is much better.

As a bonus, you’ll also increase your chances of retaining the newly hired agent for the next few years because additional position changes become less probable.

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.