The Real Estate Encyclopedia
Four Prospecting Strategies For Recruiting The Experienced Agent
Category - Real Estate Information Sources - Real Estate Articles

Letís recap the last 2 articles focused on the experienced agent.  We have established that recruiting experienced agents is a critical piece to your business plan and also defined what the experienced agent is looking for.  Now, letís dig in and look at some prospecting strategies so that we can get some recruiting interviews.

A couple years ago I was training a group of managers and one of the first comments was, ďI have mailed out 5,000 postcards to experienced agents and have not received a single call.Ē

What are the 2 most used prospecting methods for recruiting experienced agents?  Postcards and letters have been my observation.  What is the least effective prospecting method for recruiting experienced agents?  Postcards and letters is also my observation (a caveat to that is the effectiveness goes up dramatically with a follow up call, but whoís making consistent experienced agent recruiting calls?)

I will share with you some prospecting methods to recruit experienced agents, but remember this; they are all worthless without picking up the phone.  We will visit the telephone prospecting later in the article.

Strategy #1:  The Postcard:  ďWait a minute,Ē youíre saying, ďYou just told me thatís the least effective form of prospecting.Ē  Youíre right, I did, but I kind of left myself an out.  Youíve got to pick up the phone.  You canít just rely on reactionary prospecting.  Youíve got to take action.  Letís get back to the postcard.  There are some rules that go with this strategy.  First I have a question.  If you sent out 500 postcards to an agentĒ office, how many would actually be received by the agent?  That would be zero, but I see it still taking place.  Any and all recruiting mail must go to the agentís home address.

The next question:  What are you communicating in your postcards?   Thereís only one communication, how you can personally take their business to the next level and a call to action that will prompt them to call you or at least peak their interest when you make the follow-up. 

Simple postcards mailed to their home address that provokes thought about your ability to take their business to the next level.

Strategy #2:  Training Events: Rent a training room at a local hotel and put on a half day training event for all the agents in your marketplace.  Thatís right, train the competition.  How else will they be able to measure you and your leadership, training, and coaching skills?  These are the reasons an agent will join your company.  If you are not comfortable enough with your training skills, then bring in an industry trainer to your market and invite your agents and your target recruits.

Strategy #3:  Acknowledgment:  Do for your recruits what their manager is not doing for them, acknowledge them for their work.  On a weekly basis, have your assistant monitor the sales and listing activity of the agents you are trying to recruit.  At the end of the week make a simple call to each and every one of them.  Hi Eric, this is Jon with ABC Realty.  I wanted to call and congratulate you on your new listing and sale this week.  If there is anything I can do to help you sell more real estate, please donít hesitate to call.  Very simple and not a big old sales pitch.  One other question:  Is their manager acknowledging them on a consistent basis.  More importantly, are you acknowledging your agents for their work?

Strategy #4:  Pick Up The Phone and Prospect:  I know, we just talked about picking up the phone in strategy #4.  That was just to warm you up.  Strategy #4 is the real deal.  This call has one purpose, get an appointment.  Before we go further, I would like to ask you to reflect on your current calling strategy.  Hopefully you do have oneÖÖO.K., letís move forward.  The call is quite simple and is not designed to ďsellĒ the recruit, itís designed to provoke thought and allow them to see value in meeting with you.  Hereís what it looks like.  Hi Eric, this is Jon with ABC Realty. Iím calling today for a couple reasons.  First of all I want to congratulate you for the great work you are doing with your businessÖ..Second, I wanted to know if you are open minded?......Great, I would like to take the time to sit down with you and learn more about you while coaching you with some strategies and tactics that Iím sure you can use to increase your business.

Notice Iím not leading with my brand new super cyber prospecting secret that all of our agents are now using to make a billion dollars.  Thatís the antiquated method of recruiting.  Itís about having the confidence and ability to sit down with an experienced agent and display your value proposition by coaching them.  Pretty simple, isnít it?



Jon Cheplak Contact Information
p: 775-846-5748 p: 775-562-9009 email: jon@therealrecruiter.com


External Links

www.therealrecruiter.com www.therealestaterecruiter.com

 

 
 
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Real Estate Information Sources - Real Estate Articles
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