I’ve Heard of You

by | Dec 2, 2024

I recently received this email from a high-performing hiring manager whom I coach:

This morning, I got a random phone call from an out-of-area prefix that I decided to answer.

It was an agent who was on a team and was not getting compensated fairly for the leads she was generating on her own.  She wanted to step out on her own.

Then she said something interesting: “I heard about your office from _______________.”  (It was another agent, and I didn’t recognize their name.)

She went on to say that if she makes the change, three of her teammates would follow her because they needed more too.

The manager has since hired this agent ($4.4M producer), and there may be more coming.

Who was the mystery agent who referred the prospect?

Turns out, it was a new agent prospect she had interviewed earlier in the year.

The prospect was not a fit for this manager’s office (she was working part-time), but she remembered the amazing details of the office from the interview and referred her friend.

This is the best kind of experienced agent recruiting—you create something so remarkable that agents in the marketplace are talking about it.

How do you create this kind of buzz?  It comes from having a great value proposition and a culture that attracts your ideal prospect.

 

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.