Creating a Destination

by | Mar 7, 2025

Seth Godin once observed there are two types of businesses.

Those that make money by being a destination and those who make money helping people get to a destination.

For example, Facebook makes money by pulling users into their site and keeping them there as long as possible.

Google makes money by pointing people to the best websites.

Which category do most real estate companies fall into?

You guessed it–the second category.

You help consumers get to their desired destination (a new home or free from owning their existing home).

This may be why some real estate companies struggle with recruiting.

Recruiting (and ultimately retention) is about being the destination.

It’s opposite to your core business and requires a different mindset.

Stop asking: How do I get talented agents to join my team?

Start asking: How to I make my team a place where talented agents come to build prosperous careers?

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P.S. Have you signed up for next week’s Mastermind yet? If not, take a minute to do so now!  It will be a great session packed in with new ideas, insights, and takeaways you can use to recruit more successfully.

 

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.