Recruiting’s Siren Call

by | Jun 25, 2026

Getting a consistent number of new recruiting prospects to engage is difficult.

So many hiring managers rationalize that a lower number of prospects will suffice.

I’m better at connecting with the right individuals—so I don’t need as many prospects.

I’m better at interviewing and closing the prospects in my recruiting funnel—so

I don’t need as many prospects.

I’m really good at picking the winners, so I focus most of my effort on just a few high-potential candidates—so I don’t need as many prospects.

This is the same line of reasoning athletes use to do fewer practice reps, anglers use to make fewer casts, and agents use to make fewer prospecting calls.

All these scenarios lead to the same outcome:  poor results.

After working with many high-performing hiring managers over the last decade, here are the sourcing metrics they use to drive outstanding results:

For referral-based, experienced agent recruiting, you must engage about 12 recruiting prospects to produce 1 good interview (8% interview rate).

You must conduct about four good interviews to produce one high-quality hire (25% interview to hire rate).

When things get difficult, the shortcuts always come calling.

The best hiring managers know better than to listen.

 

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.