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Real Estate News and Advice |
October 10, 2008 |
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There's Few People Like New People
by Joe Klock
![]() Like rivaling cannibal tribes, many of the large brokerage firms spend too much time and resources stealing top agents from each other instead of developing the talents of rookies, says Key Largo's Jimmy Buffet of Real Estate, Joe Klock, CRI, CRS. Joe makes a convincing case for not overlooking a continuing natural resource, the unspoiled, eager, and hungry new agent. There are few people like new people. Amid the current feeding frenzy to recruit "proven producers" -- the benefits of which are not to be denied -- don't overlook the pluses of inexperienced hires, to wit:
Of course there are a few disadvantages, including:
The bottom line? As a company, you've gotta grow, or you're gonna go -- and if you're not getting the quality and quantity of new people you need by raiding the competition (while they're raiding you), bite the bullet, and roll out the red carpet for promising "newbies." The stars of today were once raw rookies -- as are the stars of tomorrow. To create a star of tomorrow, try recruiting from a new approach. If your area has seen some downsizing, early retirement, acquisitions, or mergers, take a hard look at some of the potential super-producers pounding the pavement and looking for jobs that both challenge and reward their talents. Then point out to them that real estate-selling is one of the very few careers in which everyone gets paid exactly what they're worth. How do you find them? Keep your eye on the business section of the news, then call the personnel managers of firms announcing layoffs or relocations. Ask for the names of relocating employees or "downsizees." In most cases, human resources will have an interest in placing those displaced and will be receptive to your offer of help. Obviously, corporate moves of all kinds -- in, out, up, down, or elsewhere -- can be a great source for listing leads as well. Published: March 18, 1998 Use of this article without permission is a violation of federal copyright laws. |
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