Why Most Hiring Managers Don’t Reach Their Goals

by | Nov 4, 2024

A while back, I interviewed  a recruiting manager from a large real estate company in the Northeast.

She was responsible for managing the experienced agent recruiting activities of more than a dozen real estate offices in her company.

In addition to her personal recruiting production (she consistently recruited over $25M/year in experienced agent production each year), she helps coach the other hiring managers.

During the discussion, I asked her,

Why are you able to meet your recruiting goals each year, but most of the hiring managers in your company fall short?

She was quick to answer.

Fear. They’re scared to make calls and connect with prospects.

Lack of Belief. They don’t believe in the viability of what they have to offer competitive agents.

Focused on Other Goals. Some hiring managers are “just putting in their time” and prefer to focus on the easier/more enjoyable parts of the real estate management job.

It’s that time of year when real estate organizations are evaluating their progress and making plans for next year.

If you’re not going to reach your recruiting goals this year, and you’re feeling anxiety about what’s ahead, perhaps it’s time to honestly examine your motives.

What’s holding you back?

 

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.