How to Tell if Someone is an Active Recruiting Prospect

by | Nov 19, 2024

Yesterday, we learned that an active recruiting prospect is usually preferable to a passive recruiting prospect.

Why?

According to researchers, it takes money to dislodge a passive prospect.

You must make them “unhappy” with their current broker by what you’re offering.

On the other hand, active prospects are already thinking about leaving and will consider options that address the unique problems they’re trying to solve.

So, how do you tell if an agent is an active prospect?

Look at their data.When the data profile of an agent changes, they may become active.

Things like a significant drop in production, crossing certain benchmarks (time and production), and organizational and management changes tell you an agent may be looking.

There are lots of great tools on the market that can help alert you of these types of changes in an agent’s profile.

Reach out if you need some recommendations.

Just ask.Simple questions can get an agent to reveal their status.

Have you thought about changing brokerages, or are you at your forever brokerage?

Most agents change brokerages three or four times during their careers as they grow.  When do you see your next change happening?

It’s worth spending some effort assessing prospects before dedicating energy to more time-consuming recruiting tasks.

Your chances of success increase when the prospect is already leaning towards making a change.

 

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.