The real estate industry is continuously evolving, not only because of technology but also because of the constantly changing needs of consumers. Thus, it’s more important than ever to hire the right people. With the best real estate professionals on your side, your company can climb to the top and thrive.
However, there are times when you’ll inevitably run into recruitment roadblocks. This can lead to several consequences, from slow hiring times to selecting the wrong person for the job. The organization itself can also suffer the consequences, in the form of a tanked reputation.
Fortunately, this can be avoided if you hire a recruiter. Whether in-house or a third-party supplier, a recruiter can help you find the best people for your real estate company in the most efficient way. The key is to hire a recruiter at the right time. When is that, you may ask? Here are some signs to watch out for:
If You’re Spending Too Much Time Recruiting
Does it take you too long to find the right person for the job? Then it’s the best time for you to hire a recruiter. Remember that the process of recruitment can be a long and tedious one, which can eat up a lot of your time that can be used for other pursuits. With a recruiter on board, you can dedicate more resources to advertising, negotiations, submitting offers, and other aspects of the business.
While you’re looking for a recruiter, it’s also a good idea to get Broker kit. This CRM software can help you organize your leads, access crucial data, and automate several processes. All of these can benefit your real estate company, whether you decide on hiring an in-house recruiter or working with an external consultant.
If You Can’t Spare the Time to Recruit at All
On the other end of the spectrum, there may be situations in which you actually can’t spare the time to hire more agents. This is another sign that it’s high time to hire a recruiter. Remember that adding more people to your brokerage is an important step towards growth; if you can’t dedicate resources for this endeavor, then you’ll get left behind by competitors.
In addition, it would be wise to remember that the real estate industry is currently a candidate-driven market. This means that the best people will often be considering multiple opportunities. If you don’t reach out to these people as fast as you can, your competitors will definitely snap them up for their own teams. When you work with a recruiter, you can make offers as quickly as possible.
When You Need to Fill a Position ASAP
Did someone in an important role leave your company all of a sudden? Then it’s imperative that you find someone to replace them or else, your productivity will suffer. The problem is that hiring new employees can take a lot of time, especially if you’re caught unprepared. In this case, it might be best to simply work with a recruiter.
Remember that a recruiter’s full-time job is to find qualified candidates for job posts. This means that they can focus on this singular task, allowing them to do it much faster and more efficiently. You can probably find a candidate just as fast, but you can get caught up in the minutiae like checking CVs, conducting an assessment, and scheduling the interviews. With a recruiter on board, you can comfortably leave the process to an expert.
When You Need to Hire for Senior or Specialized Positions
If you think the recruitment process is easy, wait until you’re looking for senior-level candidates and executives. The field gets more competitive the higher you go, with fewer candidates in the pool and thus more time and resources needed. The same goes for highly specialized or technical positions. The more niche it is, the more difficult it is to find a candidate.
Fortunately, it’s a recruiter’s job to know where to find the best candidates for any job level and experience. No matter how senior or how specialized the position, you can rest assured that they can find suitable people. You may strike upon some luck on job boards or through your own network, but recruiters can make things happen faster and more efficiently.
When You’re Looking for the Best of the Best
Perhaps your real estate company’s HR department has its own unit dedicated to recruitment. That’s all well and good, but are you satisfied with the quality of the candidates they find? If your answer is more often no than yes, it might be time to consider a recruiter.
Again, recruiters have one primary goal: find the best candidates for a job position. Their training and knowledge are focused on achieving this. They’ll not only know the best places to look but also how to convince candidates to respond favorably.
Of course, all real estate companies want to hire the cream of the crop. However, it’s also understandable if you don’t have the resources or the stability to hire a recruiter. Nevertheless, if these signs are already making themselves known, perhaps it’s time to ponder the advantages of working with a recruiter.
