Building a Strong Talent Pipeline in 2024

by | Dec 15, 2023

This month, many hiring managers are putting together their recruiting plans for 2024.One of the oldest recruiting techniques that still deserves a place in your plan is the building and maintaining of your talent pipeline. Mat Apodaca highlights the importance of talent pipelines and points to some critical things to consider when focusing on this strategy.Invest in Your Employer Brand. Having an employer brand that resonates with potential candidates does a lot of the heavy lifting for you.Use Your Tech Wisely. There is lots of technology available to make the recruiting process more effective, but a shotgun approach will never produce great results. Pick a few tools you know work and focus on execution.Stay Accessible. An important component of building a candidate pipeline is being visible. Make your LinkedIn profile visible to potential candidates, and don’t snub those who reach out with interest.Talk to Referrals. Referrals will always be the best source for hires. Research shows that referrals account for 40% of all hires yet only 7% of applicants. Because referrals often take time to ripen into hires, a talent pipeline strategy keeps individuals from falling through the cracks.If you don’t have a tangible talent pipeline, start building one today. Even a simple spreadsheet is a great way to start.

 

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.

Resilience:  Your Recruiting Super Competency

Resilience:  Your Recruiting Super Competency

You cannot overvalue your own resilience. It affects everything about you–from your capacity to solve problems and innovate to your physical, mental, and emotional well-being. Resilience is like a super-competency, influencing many other related skills and abilities that you need to deploy in order to work, manage, and lead well.

How to Work a Recruiting Funnel Like a Pro

How to Work a Recruiting Funnel Like a Pro

This framework helps us remember there’s a natural pace and process that honors talented prospects—it makes them feel valued and respected. If you’re not getting the number of high-quality hires you desire, work back through each step of the recruiting funnel.

How to Disqualify a Recruiting Prospect

How to Disqualify a Recruiting Prospect

But what happens when the prospect is NOT qualified? If you’re being selective and focused on hiring talented agents, at least 80% of recruiting prospects are not going to meet your standards. Here are some ways to wrap-up a call with an unqualified prospect.