Does This Prospect Belong On My Prospect List?

by | Mar 11, 2025

Recruiting is hard work.

If you’re going to make the effort, it only makes sense to focus your energy on recruiting prospects who will make a meaningful contribution to your team.

Who are these prospects? It depends on your team.

Internet marketing expert Frank Kern advises his clients to use the PVP index to define a target market.

The same criteria apply to recruiting:

Personal Fulfillment: Is this recruiting prospect someone I’d enjoy working with? Do they fit my culture and support what I’m trying to build?

Value:  Does this recruiting prospect need/value what I’m offering? For example, if you’re offering agents a high level of support, focus on prospects who would value (pay for) a high level of support.

Profitability:  Are you and the recruiting prospect both going to make a profit by working together? From a holistic perspective (money and work-life balance), is your team the most profitable place for the prospect to work?

Having clarity on who you’re trying to recruit is the first (and perhaps most important) step in the recruiting process.

Before you add someone to your Potentials List, do a quick gut check:  Does this person meet the PVP criteria?

If not, find someone who does.

 

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.