Real estate has a new-agent launch problem, not recruiting
A 90-day apprenticeship-style onboarding with activity metrics, practice reps and business basics is key
The real estate industry is facing a challenge with new-agent launches, rather than recruiting. This issue highlights the difficulties new agents encounter when transitioning into the field, and the need for a more comprehensive onboarding process. A 90-day apprenticeship-style program that includes activity metrics, practice reps, and business basics can help address this problem.
Such a program would allow new agents to gain hands-on experience, build their confidence, and develop essential skills to succeed in the industry. By focusing on activity metrics, agents can track their progress and stay motivated. Practice reps and business basics provide the necessary foundation for agents to navigate the complex world of real estate. This approach can lead to better-prepared agents, improved retention rates, and increased overall success.
As the industry continues to evolve, it's essential to monitor the effectiveness of these onboarding programs and make adjustments as needed. To watch next: the adoption rate of 90-day apprenticeship-style onboarding programs among real estate brokerages and their impact on agent retention and performance. Additionally, keeping an eye on industry trends and best practices will help identify areas for improvement and potential innovations that can support new-agent launches.
Originally reported by housingwire.com. ASIDNews adds analysis for real estate & property readers.