I get this question all the time from brokerage owners and team leaders: “How do I start recruiting today when I don’t have everything built yet?”
They often feel stuck in a catch-22: They think they need to build their vision first in order to start recruiting, but they don’t have the money or resources to build it because they don’t have agents yet.
Here’s the answer: People will buy into your vision as long as you can articulate it clearly and tie it to a timeline.
When you’re talking to agents, say something like:
"I’ve got this vision of the kind of company I want to build. I’m looking for a few people who want to get in on the ground floor and help me build it. We call them ‘founder agents.’ They’ll be right there, side by side with me, helping shape this vision. Can I explain to you what I’m trying to create?"
If you can sit with people and lay out a clear vision of what you’re working...
If I sat down with you right now as a brokerage owner or team leader and asked you, "What's next for you after real estate?"—what would your response be?
Think about it. You might say, "I want to be on a beach somewhere," or "I want a cabin in Colorado," or maybe even "I want to live in Alaska." Whatever your dreams are, it likely takes you into an aspirational, dream-like state.
Now, here's the reality: 70 to 80% of brokers in your market, if given the right circumstances and opportunity, would choose to exit.
Why?
Because 70 to 80% of them are losing money. Many would be far better off selling their firm to you, transitioning their agents to your company, and then working for you. This would allow them to earn a consistent income, start saving for retirement, and ultimately achieve their dreams of escape.
What stops them from pulling the trigger?
One word: ego.
But what if there were a way to move past that ego barrier and help them feel comfortable making the decision?...
Let’s do a quick quiz for team leaders and brokerage owners to test how well you know your agents. This is essential for agent retention. While recruiting is critical, retaining your agents is just as important—if not more so. Retention is all about re-recruiting your agents consistently: every week, every month, every year.
Here’s the key: friends don’t leave, and friends refer friends. Your agents—your customers—need to see you as more than just their leader. They need to see you as a friend. And that kind of relationship only happens when you invest time in them and approach your interactions relationally, not transactionally.
Many brokerage owners and team leaders make the mistake of thinking transactionally. They view agents as numbers in a model—hiring 10 new agents a month and watching eight leave. It’s a churn-and-burn approach that feels like a meat grinder.
That’s not how you build a strong company.
A successful...
As a real estate broker or team leader, there’s one thing that might be holding you back from growing your team: distractions. Whether you realize it or not, your main job as a team leader or brokerage owner is to recruit experienced agents every single day.
If you’re not recruiting, you’re not bringing in new "customers." And here’s the shift: when you transitioned from being a superstar agent, closing millions in sales to leading a team or brokerage, your focus changed. You’re no longer selling real estate to buyers and sellers. Your agents are now your customers, and the more agents you have on your team or in your office, the more profit you bring home.
Here’s the catch: as soon as you stop recruiting, you cap your ability to earn. Unlike being an agent, where sales directly increase your income, being a team leader requires constant recruitment to grow.
Your ultimate goal should be getting out of production entirely. And there’s only...
Are you running sales contests with your teams and brokerages?
If not, you're missing a big opportunity. Sales contests can generate energy and excitement, which drives performance. But there’s a right way and a wrong way to do a sales contest.
Here’s the wrong way: focusing the contest on results.
You might wonder, what else would you focus on?
Well, if you're tracking things like how many escrows were created or how many listings were taken, the same people will win every time. The problem with focusing on results is that you can’t control them.
What you can control is the work. So, instead of focusing on results, shift the focus to what actually creates results—the work itself.
For example, you might say, "We’re doing a contest this month on who adds the most people to their sphere of influence." Or, "Who can do five posts a week for the next four weeks?"
You could track how many unsolicited CMAs agents push out in three weeks, who does the most open...
If you're coaching agents as part of your real estate brokerage or team, which we all do, one of the best methods I’ve learned is the 1-3-1 Method.
When someone brings you a problem, start by asking:
First, let's clarify the problem: What’s the one main issue we’re dealing with here?
Not 55 different things—just the one big issue we need to solve.
Then, ask: What do you think are three viable solutions for solving this?
If they can’t come up with three, help them brainstorm.
Finally, have them choose: Which do you think is the most viable option for actually getting this resolved?
Encourage them to go out, try it, and see how it works.
As a leader, whether you're a team leader or a brokerage owner, make a note in your CRM to follow up with that agent in a day or two. Check if the resolution actually solved the problem. Sometimes they'll come back and tell you, but if they don’t, reach out and ask, "Did that solve the issue?"
By using the 1-3-1...
If you're a brokerage owner or team leader, what's the number one reason someone would join your firm?
Often, when I talk to brokerage leaders, they say it’s all about commissions—that’s the driving factor.
But that’s not true. We need to move away from that outdated thinking.
What really drives agents to join a company or team is the potential to close more transactions.
It’s about transaction count, not commissions.
So, how do you build a company or team that focuses on generating leads and helping agents develop leads on their own? Your goal should be to increase each agent’s transaction count, making them one of the highest-performing in your market area.
Here’s an interesting statistic that might surprise you: 50% of all agents in America closed one deal or less last year.
Even if those agents are getting a high commission on that one deal, it’s not enough to support their families. They’re struggling and barely staying in...
Hey guys, as a team leader or brokerage owner, there's one key metric that defines your success:
Per agent productivity.
This metric encompasses every aspect of your role as a brokerage leader. It includes your recruiting plan, retention plan, marketing, branding, technology, training, coaching, mentoring, staffing, and location.
Essentially, everything you do at your brokerage is reflected in what your agents produce on a per-agent basis.
When I come to you and say, "Let's open up the hood of your company," we'll look at the average agent production over the last 12 months. What does it look like? If your average agent is closing six deals, seven deals, eight deals, three deals—whatever the number is—you'll have a starting point.
Our goal is to raise that number over time. The higher we push that number, the more likely you are to attract more agents to your business.
The number one way to attract agents is by demonstrating that your system drives higher sales than your...
The Art of Leadership: How to Effectively Manage a Real Estate Brokerage and Thrive in a Competitive Market
Introduction to leadership in the real estate industry
As someone who has built successful real estate companies, I have learned that effective leadership is the key to building an amazing company culture. The role of a brokerage manager is not only to oversee daily operations (that’s the easy part) but also to inspire and guide a team of real estate agents towards success. In this article, I will share my insights into the art of leadership and how it can help you manage your brokerage effectively and thrive in a competitive market.
The role of a real estate brokerage manager
The role of a real estate brokerage manager goes beyond just managing transactions and paperwork – that’s what we call in the industry a ‘deal doctor’. Deal doctors are a dime a dozen. A successful manager is someone who can provide...
Do you want to be a better recruiter?
As a seasoned recruiter with over 30 years of experience, I can tell you the secret to successful recruiting is this:
Recruiting is like owning an NFL or NBA team.
You need to understand that recruiting is all about building relationships with people. People join people, not companies or brands. If they don't like you, they won't come to work for you.
So, first and foremost, you need to establish a career-long relationship with people in the marketplace.
To build these relationships, you need to have conversations with potential recruits. Top recruiters in the NBA, NFL, and NHL are cold-calling and creating connections with people. They're showing them the organization's value, passion, and vision of how they can help them win. Ultimately, people want to be with a winning team and need to see how you can help them make more money and make their life easier.
It's not all about commission...
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