This page gathers the most used terms within the BoldTrail Recruit into a vocab. Let us know if there's something else you'd love to see!
Active Recruiting Watch List — Shows agents on your watchlist along with their total volume, allowing you to gauge their productivity and potential contribution.
Additional Agent Expenses — A section in the Net Income Valuation Calculator that illustrates any potential additional expenses or gains an agent might experience upon joining your brokerage.
Agent Retention — A section that provides a comprehensive view of Office Market Stats and critical metrics to help ensure agent retention by addressing the needs of struggling agents.
Agent Status — A filter option in Recruit Search that helps target recruitment efforts based on an agent's current status, such as experienced agents, those who recently moved, or newly licensed agents.
Avg Sales Price — The average selling price achieved across all agents within a specified timeframe, providing insight into market pricing trends.
Balance Report by Total Volume — A report that segregates agents into top, middle, and low performers based on their sales volume, helping understand individual agent performance.
Closed Sales Volume — Offers a comparative view of Year-over-Year (YOY) sales statistics for each month, highlighting sales volume fluctuations compared to the previous year.
Company Dollar — An optional percentage input in your recruiting goals to measure progress against retained volume, not just listing prices.
Company Market Stats — A section displaying Total Sales Volume, Total Pending Sales, Total Sales Volume, DOM over 60 days, and Avg Sales Price metrics with comparative views against previous year's figures.
Co-Broke Sales — A section offering a detailed overview of transactions closed by your office, highlighting the cooperative agents involved in these deals for potential recruitment insights.
Cooperating Agent — Identifies agents with whom your office has cooperated in transactions, indicating individuals you might consider recruiting.
Current Company — In the Net Income Valuation Calculator, refers to the section where you input details about an agent's current brokerage for comparison purposes.
Dashboard — The main hub page providing comprehensive data representation with various sections offering crucial insights into your real estate business.
DOM (Days on Market) over 60 days — The count of properties that have remained unsold on the market for more than 60 days, indicating extended market durations.
Email Notifications — Settings in My Account that allow you to receive notification summaries by email and survey completion notifications.
Heat Map — Shows intensity by number of transactions and is weighted by higher sales prices. Users can drill down for a closer view using the '+' and '-' buttons.
Hot List — Predefined options aligned with successful recruitment strategies, such as identifying agents with zero active deals or newly licensed agents.
Individual Office Data — A table offering a detailed breakdown of metrics specific to each office, allowing for a granular view of performance across branches.
Last 365 Days — The default time period view in BoldTrail Recruit, which can be changed to other year-over-year views.
Market Share — Information about your market presence across connected MLS platforms, offering a glimpse into your market reach.
My Account — A hub for managing essential personal information and setting pivotal targets for the year, particularly the Recruiting Goal.
Net Income Valuation Calculator — A tool designed to present potential recruits with a comprehensive comparison PDF of what they currently receive versus what they could potentially gain by affiliating with your brokerage.
Our Company — In the Net Income Valuation Calculator, refers to the section where you input details about your brokerage for comparison with the agent's current company.
Watch List (ex Pipeline) — A central hub for monitoring and managing your active recruiting pipeline, providing insights into agents on your watchlist.
Production Insights — Filters in Recruit Search that help understand market performance, including minimum production levels and custom ranges to match specific recruitment criteria.
Recruit Search — A powerful tool for finding the right agents, companies, and offices based on their performance and characteristics.
Recruiting Goal — A feature in My Account that allows you to set specific numerical targets for agent recruitment, sales volume, transactions, and company dollar value.
Sales Heat Map — Visually represents geographical areas where your agents have listings and transactional activities, aiding in understanding the distribution of agent activities.
Sales Map — Visually presents points corresponding to active, closed, pending, and expired listings or transactions on a geographical map.
Saved Searches — A feature allowing users to save frequently used search configurations for quick access and organize them by Agent, Company, or Office.
Share of Market Active Listings — The percentage of your brokerage's share concerning the total active listings available within the connected MLS.
Share of Market Volume — The percentage of your brokerage's share concerning the total market volume across active listings within the connected MLS network.
Total Market Active Listings — The comprehensive count of all available listings within the MLS network connected to the system.
Total Market Volume — The cumulative market size amount encompassing all properties within the connected MLS network.
Total Pending Sales — A comprehensive count and accumulated value of closed sales that are currently pending, serving as an indicator of ongoing sales activities.
Total Sales Volume — The cumulative sum of all sales within a specified timeframe, offering an overview of total sales performance with comparison to the previous year.
Variable Fees — In the Net Income Valuation Calculator, a table to input any additional fees or expenses not covered in the initial comparison.
Year-over-Year (YOY) — A comparative analysis of data from the current year against the same period in the previous year, highlighting performance trends over time.