How to hire brokers who stay.
The hard-won version, from someone placing into this market every week.
When to hire, who to back next, and the mistakes that cost principal brokers a year.
Hire before you are desperate
The right time to hire is hardly ever the moment it feels urgent.
By the time everything's routing through you, recruitment, compliance and training all waiting on you, and you're working in the business instead of on it, you're already behind.
The clearest sign we see is a business writing past roughly $150M a year where the owner's become the bottleneck.
That's an ops or GM conversation, and the businesses that have it early tend to pull away from the ones that wait for burnout.
Hire for year three, not year one
A junior broker isn't a quick revenue win.
They're an investment that pays off in a couple of years.
Hire someone who soaks things up, who goes looking for harder problems and treats ability as something you build, not something you're born with.
Judge them on what they'll be capable of at six, twelve and twenty-four months, and on the environment and mentoring you'll give them, not on what they write in their first quarter.
The mistakes that cost the most
Three things cost principal brokers more than anything else.
Hiring too late, once the burnout's already done its damage.
Hiring a senior operator with no equity on the table, which quietly leaves you with the second-tier candidate.
And hiring someone to run things, then refusing to actually hand over the reins.
The fix for all three is the same: get clear on what you're really hiring for, put a real offer on the table, and be honest with yourself about whether you're ready to let go.
How we do it
We take on a handful of searches at a time and do them properly.
We work out the real problem before we put anyone forward, we throw everything at it, and we're straight with everyone about whether the fit's real.
What you end up with is the kind of hire you stop thinking about, because they're just getting on with it.
Know the hire you need to make?
Tell us the seat and the situation.
We will give you a straight read on who to look for and how long it should take.