My Recruiting Blog

Recruitment process outsourcing, or RPO, can be beneficial to any company that has reduced its recruiting staff, including those in the real estate business.

According to an article by RISMedia, recruiting in the real estate industry has fallen behind, even though increasing recruiting would positively impact the bottom line. Adding experienced agents that are able to produce is a key component of profitability and growth.

However, most brokers don't have the time to sharpen their recruiting skills so they can focus on hiring. One easy solution for brokers that don't have the time or resources to complete the hiring process themselves, but still want to hire, is RPO.

RPO is a form of business process outsourcing that allows employers to outsource or transfer all or part of the recruiting process to an external service provider. That provider should have the skills, tools, technologies and activities necessary to help their clients.

Some advantages of RPO include:

• Concentration on core business - by reducing the amount of time, effort and energy required to successfully recruit experienced agents, a broker can concentrate more on the core business of their office
• Specialized expertise - by outsourcing to a company whose sole focus is recruiting, you have a key resource to turn to for knowledge and expertise along with well defined recruiting best practices to ensure the highest level of success
• Increasing your value and visibility - having an executive recruiter call and positively communicate your value proposition to hundreds of agents in your market place will put you and your brand ‘top of mind’ and create excitement about your dedication to growing your office
• Competitive advantage - the ability to effectively identify and attract experienced agents is more than a tactical advantage - in a highly competitive market, it is a core capability that will drive the success of your business for the long term.
• Increased revenue - adding experienced, producing agents provides an immediate and positive impact to both the bottom line and the excitement level in an office

Labels: RPO