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I recently gave a speech to a group of seasoned broker owners on how to use the Internet to boost their recruiting efforts, and what I learned in the process was frankly, shocking...

Since recruiting agents is simply a form of marketing (and eventually, closing the "sale") I asked my audience to first tell me who they wanted to recruit and why. After a few moments of deafening silence, it became quite clear that the majority of them had no idea as to what constituted the ideal new and seasoned recruit. Then I asked them if they were in a meeting with a recruiting candidate, how would they differentiate themselves from the other brokerages their area. Many of them fired off an enthusiastic stream of "features" available to anyone lucky enough to work at their shop, but not one broker / owner / manager could give me a "benefit" from the recruit's perspective.

Clearly, these brokers had no real idea as to who their "target" market was, and even less on how to answer the question "What's in it for me?" from their perspective. Is it any wonder why the vast majority of real estate sales people have no clue on what real marketing is and how to make it happen?

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A brokerage is only as good as it's agents. We want to recruit careeer dedicated professionals who intend to have a future. Anyone can get bodies, turnover is failure. Recruiting and retention is a win/win model.
Hey, let's tell the truth about the broker-agent relationship. If I am an owner/broker and have 200 agents providing me with a revenue stream, why should it make any difference about quality vs. quantity. As in any volume sales multi-tier scheme, the important thing is multiple bodies making whatever sales they can for me. Why should I care if they make enough to live on, as long as there are enough of them?
Raising the bar on real estate agents starts with the brokers. So may associations are governed by independant mom and pop brokers who hold progress back.
I am sure you have been up and down the road on this one. You must first define the terms qualified, quality, professional, part time, full time and on and on. No one can or will ever define it. One mans trash is another mans treasure. With agents wanting higher and higher commission splits and leaving an unfair split to a brokerage company, it's imperative for brokers to get more agents demanding less if they want to stay in business. It seems to me that the best a broker can and should do is offer an environment that encourages training, mentoring, guidance and accountability (on both parts) and let the agent make the decision on how many transaction they can handle without getting over burdened. Be a coach and give them guidance and support. The rest will take care of itself.
why have real estate brokers not taken up the responsibilty to hire only quality agents? the industrys apparent lack of interest contributes significantly to its poor image

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