As the future of the workplace continues to evolve, companies are embarking on a journey of digital transformation to leverage the power of AI to become faster, more efficient, and more effective at recruiting.
In light of this, Lone Wolf Technologies -- a North American leader in residential real estate software, serving over 1.5 million real estate professionals across Canada and the US -- launched Recruit, what they are claiming to be is real estate's first AI and machine-learning powered recruiting solution.
By leveraging AI, machine learning, and data science, Recruit will help brokers find the best talent and the people who represent the best fit for their brokerage.
With Recruit, brokers can create custom search profiles based on the traits of their best agents. Recruit's AI technology then crunches over 30 industry-specific metrics to calculate a 'Fit Score' for each agent.
With this 'Fit Score', brokers can easily and more accurately identify and recruit the best agents -- who are also the best fit -- and are most likely to contribute to the brokerage's bottom line.
"We're thrilled to launch Recruit today," said Jimmy Kelly, CEO and President of Lone Wolf. "This year, we're on a mission to provide more cutting-edge technology to the real estate industry than ever before."
Lone Wolf says the "revolutionary solution" will solve the age-old problem that brokers face: finding and recruiting the right talent.
When it comes to running a successful brokerage, Lone Wolf says there is a direct line between crafting the right team of agents and profitability.
Unlike other solutions on the market, Recruit's use of AI and machine-learning makes it a first-of-its-kind solution in real estate.
"Recruit is the real estate industry's first-ever AI and machine learning tool for better recruiting," said Chris Egan, Chief Strategy Officer at Lone Wolf.
"Our unique algorithm analyzes key agent performance metrics to help brokers define who they should recruit to their brokerage. Recruit delivers a total experience for brokers and agents in that it ultimately brings together the right team so brokers can dramatically increase sales and profitability."
As real estate continues to rapidly evolve, especially amid the pandemic, Recruit is the long-overdue answer to the recruiting challenge that real estate faces, said Matt Keenan, CRO at Lone Wolf.
"Real estate is evolving at a faster pace than we have ever seen, and Recruit helps brokers not only keep up but stay ahead of the game, all while remaining efficient, informed, and profitable."
Recruit joins Lone Wolf's leading end-to-end technology suite, Broker Cloud, and is available for purchase in most markets across North America.