The Recruiting Shuffle

by | Oct 24, 2024

In some ways, we all want things to stay the same.

We want the things that are working to keep working.

We want the people who are productive to stay on track and produce even more.

We want the systems we depend on to remain reliable.

But if you’ve been around long enough, you know the business and real estate world doesn’t allow us to indulge in this comfort.

It requires us to adjust or be left behind.

It also rewards those who recognize that the connection between people, systems, and opportunities needs constant adjustment.

It’s the reason the most successful business owners are always recruiting, regardless of market conditions.

They recruit to replace those who are paralyzed, uncommitted, and dragging down their team.

They recruit to find new talent who is better suited for the new systems they’re creating.

They recruit to keep competitors from employing the most talented agents in their marketplace.

It’s the shuffle that never ends, and those who are good at this part of the game create the most sustainable and profitable organizations.

As a veteran CEO once told me:  If you don’t get that real estate is about recruiting, you don’t get real estate.

 

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.