If you're a brokerage owner or team leader and you're saying to yourself, “hey, who should I target in terms of recruiting in my local market,” I'm going to give you The 20% Rule.
This is something we should all be aware of: There are people that are more likely to move than others in your market area, which falls in The 20% Rule.
Here’s what The 20% Rule means:
People that have had an upswing in their business by 20%, or a downswing in their business by 20% over the past 12 months.
So let's look at the downswing folks. The downswing folks are looking to be rescued. It's a perfect opportunity to be calling them because who do they blame? They never blame themselves.
There's never going to be a time where they say, “well, I didn't do what I was supposed to do.” They're always going to say, “well, my brokerage should have given me better marketing or better support or better training or better leads. It's their fault, not my fault.” It's just a natural tendency of what agents do.
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