What To Do When the Pie Gets Smaller—Experienced Agent Recruiting

by | Feb 18, 2025

The real estate industry will probably produce about 4M transactions in 2025.

If you want to grow, you must figure out a way to capture transactions that your competitors would normally get.

How do pry these transactions out of their hands?

You recruit their hands.

Experienced agent recruiting increases your transaction count while simultaneously reducing the transactions your competitors are capturing.

It has a multiplying effect, and it’s the fastest way to increase your market share and inflict pain on your competitors.

But here’s the problem.

You’re not the only one who knows about this strategy.

The fight for transactions is really a fight for talent–those who have the highest number of productive agents on their teams will win.

And you can’t just play defense.

Agents want to be part of something that’s growing.  This is how they know it’s alive.

If you’re not growing, you become a target for those who are.

Years ago, one of my mentors told me that if the bottom two-thirds of agents in the industry stopped working, no one would notice.

According to recent reports, it’s already happened.

It’s more important than ever to have agents in the other third working with you.

 

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.