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Brokerage Leaders: Use This “Trigger Event” Strategy to Win Top Agents

 

Brokerage owners and team leaders, I want you to start watching for something, and I want you to be opportunistic. That might sound negative, but it’s not.

As an office leader, you have a duty to yourself, your business, your family, and your colleagues. That duty is to recruit consistently. One of the easiest ways to do that is to be opportunistic in a positive way.

What does that mean? Look for trigger events.

Trigger events in your community could be:

  • An office leadership change at XYZ Company
  • A brand change
  • A staffing shakeup
  • A technology challenge

I hear about these things all the time, and when they happen, they give me a reason to engage with that company.

For example, I might ask in my office, “Do you know anyone who works at XYZ? They’re having some changes over there. I’d like to reach out.”

Then I’ll make the call:

“Hey, I understand there’s been some changes at your company. I’ve always been impressed with your work. You’re probably very happy where you are—a...

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The Unsexy Secret to Consistently Recruit Agents to Your Brokerage

 

People often ask me, “Jim, what’s the secret to recruiting?”

Here it is: spend one hour a day recruiting—just like your agents are expected to spend one hour a day lead generating. We tell agents to prospect daily; as a brokerage owner or team leader, you need to do the same thing with recruiting.

I call this the “Five by Five” system. It’s a proven strategy we use in our company and with our brokerage coaching students across the country to drive performance and success.

Here’s how it works. Within that one hour of recruiting, you commit to:

  • Making 5 calls
  • Sending 5 texts
  • Sending 5 video texts
  • Writing 5 personal notes
  • Doing 5 social media touches

If you hold yourself to that standard, you’ll start unlocking new opportunities.

The next question is: what do you say? What should you be texting, saying on calls, writing in notes, or posting on social media?

The key is natural, authentic conversations that resonate. Great recruiting isn’t about pushing for an appointment eve...

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Why Time Management is Killing Your Brokerage’s Growth (Try This Instead)

 

As a recruiting coach, one of the things I hear most often is, “Jim, I’d love to recruit experienced agents every day like you recommend, but I just don’t have the time. My schedule is already stretched too thin.”

I get it. As brokerage owners and team leaders, we’re all busy. But here’s the truth: We can’t control time. If we could add two hours to the day, that’d be great. But since we can’t, the real focus has to be on self-management, not time management.

And self-management comes down to priority management.

The number one priority for every brokerage owner in America should be recruiting experienced agents every single day. Until you gain control of that, your company won’t grow.

Here’s the magic of self-management: if you want to start doing something important—like dedicating one hour a day to recruiting—that means you have to stop doing something else.

So the real question is: what are you willing to stop doing that isn’t leading to results?

Recruiting daily is the singl...

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Why Firing Agents Could Be the Best Move for Your Brokerage

 

As a brokerage owner and team leader, I have a question for you: when’s the last time you fired someone?

That’s a big one, isn’t it? Have you ever actually fired someone, or do they just leave on their own? A lot of brokerage owners and team leaders don’t have the strength to say, “This person isn’t working here anymore.” But avoiding that creates roadblocks for recruiting.

Sometimes one agent creates what I call the “bad apple syndrome.” They’re so difficult—dramatic, gossipy, toxic—that potential recruits won’t join your company because they don’t want to work with them.

Think about your roster right now. Maybe everyone is fantastic. But maybe not. Maybe you’ve got someone with barnacles—someone others don’t want to work with.

And here’s another question: how many people on your roster haven’t closed a deal in the last year? You might have five, six, eight, even ten agents producing nothing. Why are they still on your roster? They’re dragging down your company’s production number...

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Why Competing on Commissions Sends Top Agents To Your Competitors (And What To Compete On Instead)

 

If I asked you—as a brokerage owner or team leader—what are your top five differentiation points, could you answer clearly?

What makes your company different from every other company in the marketplace? In other words, what’s your value proposition?

If you can’t answer that, no one else in your market can either.

Some of you might rush to say, “Well, we have the lowest commission plan in the market.” But that’s a terrible value proposition.

If a commission plan were all it took to recruit agents, then the brokerage with the lowest commission would have the most agents. But that’s rarely true.

Why?

Because commission plans are not the single greatest motivator for agents.

The #1 motivator for an agent to join your office is this: Will you help them grow their transaction count?

If your value proposition doesn’t clearly communicate how you’ll help agents do more deals, you’re going to lose—every single day—to competitors who can.

So here’s my challenge to you:

Take some time to...

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How Top Brokerages Double Their Production (Without Selling a Single Home)

 

If you own a brokerage or you're a team leader, I’ve got a question for you:

How much of your time each day is spent recruiting? And why is recruiting such a high priority for the top offices and team leaders in America?

The reason is simple: top leaders understand that at the end of the day, we don’t actually sell real estate—the agents who work with us do. What we do is provide the environment, support, administrative resources, marketing, and tools necessary for agents to succeed.

We don’t sell real estate—we help people who sell real estate.

That leads to a big mindset shift. If we’re not serving buyers and sellers directly, who are our customers?

Our customers are the agents.

When you reframe your business like that, it changes how you grow. Just like your agents grow by serving more buyers and sellers, you grow by serving more agents. That means recruiting more agents is how you scale your business.

One of the biggest mistakes office leaders make is this: They think that i...

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This “Pre-Recruitment” Page Helps You Recruit Agents On Autopilot

 

I've got a question for you as an office leader or team leader:

Do you have a recruiting website?

Most of the people I coach—office leaders and team leaders across the country—don’t. It's just not something they've thought about.

But having a recruiting website is important.

When someone starts to consider joining your company, they’ll do a little Google search. They’ll check out your website. They’ll look to see if it looks professional, if it feels like a good fit, and if it reflects who they are.

Now, if you also have a recruiting website—or at least a dedicated recruiting page—they can dive into the value your company offers without needing to talk to you just yet.

That’s powerful. A lot of agents are nervous about making that first contact. They don’t want to jump on a call right away. You can make it easier by creating a recruiting page on your website—or even a separate website entirely—dedicated to recruiting.

The most important part of that page?

Outlining your entire ...

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The #1 Recruiting & Production Advantage Most Brokerages Ignore

 

If you're a brokerage owner or team leader, I want to talk to you about something that's kind of outside the box—and that is what we call “adoption rates.”

What's adoption? Adoption means you bring in technology, a system, a tool, or maybe a training program into the company, and you watch as only 20% of the people utilize it—and 80% do not.

That's the rule of thumb: The 80/20 rule.

So you start to wonder why the heck you would bring anything into this company? You feel tempted to cut everything: the technology they’re not using, the training, the mentorship program—this, that, and the other.

Well, remember there's also an 80/20 rule in production too:

20% of the people are doing 80% of the production.

So when you cut these things, you might actually be hurting the people who are supporting the company the most.

But I want you to rethink the 80/20 rule for a second.

When we measure whether we should cut, keep, or add something to the company, don’t just look at whether people a...

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Want More Closings? Start Every Team Meeting with THIS Question

 

If you're a broker, owner, or manager running weekly team or office meetings, here’s one key component you might be missing: the “Genesis Conversation.”

The Genesis Conversation happens when someone talks about a new listing, a new escrow, a pending deal, or a closed sale. When they share that win, ask them:

  • "Where did that lead come from?"
  • "What was the genesis of that client?"
  • "How did you find the buyer or seller?"

When you get everyone in the room sensitized on what’s actually working and creating results, something powerful happens:

Your whole team focuses on what creates results.

Most of the time, you’ll find that 70-80% of the business comes from repeat and referral clients. But you’ll also uncover seasonal patterns or specific lead sources that are currently hot—like open houses, sign calls, online marketing, farming, or targeting absentee owners.

It’s a simple but effective way to direct your team's attention to activities that produce results.

And it's a key trai...

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Why Your Agents Aren’t Performing (And The Secret to Doubling Agent Production)

 

One of the jobs we often overlook as managers, broker-owners, or team leaders is the important fundamental of setting macro and micro level goals for your organization.

What do I mean by that?

A macro goal is the big picture—being able to say to your team this is our goal for the company this month.

It might be:

  • “We want to take 25 listings.”
  • “We want to generate 25 transactions.”

(Or maybe it’s 50. Maybe it’s 100. Pick your numbers.)

But we have to set a clear expectation for what we’re trying to achieve. That’s how we build a culture of performance.

When we don’t set those expectations, there’s no strategy, no sense of direction. No one knows what we’re aiming for—and as a result, it never happens.

We wonder why we can't break through certain barriers. It's because we don't set goals.
You can't hit targets you don’t set.

So set a target for your organization. Say it out loud. Proclaim it. Make it something your team is excited to shoot for.

And when you’re getting close...

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