Why Should You Hire Former Athletes?

At NexGoal, we specialize in matching organizations with top-tier talent with a focus on former athletes and those with the athlete mindset. While our history working with and being founded by former athletes may make us biased, the experts agree that you can’t go wrong filling your company with ex-athletes. Studies show that former athletes may make 5-15% more than their peers. Meanwhile, Japanese companies are heavily turning to retired athletes in order to achieve competent workers. Many hiring managers and CEOs like ASM Sports Groups’ Christopher Vidal have found former athletes to be some of their best candidates.

The traits that allow athletes to succeed at their chosen sport translate seamlessly to the business world. Even those who didn’t play organized sports can still embody the traits of a successful athlete—this is what we refer to as the “athlete mindset.” If you’re seeking to fill your organization with quality talent, you can’t go wrong with hiring someone with the athlete mindset thanks to these virtues.

Goal-oriented

No matter the sport, every athlete is a competitor striving for ascending heights. Their goals may be different, but each athlete is working towards an ever-changing finish line. From making the varsity squad to becoming a world champion, everyone starts somewhere and creates a clear vision of where to go next.

All Business’ Jon Forknell points out that this teaches former athletes to excel both on their own and as part of a team. Both of these tenets are highly desirable in the professional world as well. Athletes know that to achieve their goals, they’ll have to put in the work themselves. The coach isn’t taking the shot for them, writes Forknell.

But most sports are a team effort, and even those that aren’t can benefit from teamwork. Knowing how to succeed as a team to help the squad reach its goals is crucial for athletes and professionals alike.

Coachability

Think of your favorite athlete. No matter how gifted they are or how much inherent potential they had, it took years of coaching for them to achieve their goals. An athlete’s willingness to grow and accept criticism, feedback, and direction from a mentor is something that serves them well in life after sports.

“If you aren’t able to humble yourself and submit to the coach, you’re not playing.” –Vaughn A. Calhoun

GradLeaders points out that even solo sport athletes have coaches. Someone that grew up being coached and knowing how to accept criticism without becoming offended will be off to a better start in the workforce than someone less disciplined.

The contemporary career climate evolves at breakneck speed thanks to ever-changing technology and world events. Being able to accept guidance is critical to keep up.

Balanced

Being a student-athlete can be tough as you’re expected to wear different many different hats (sometimes literally). Balancing academics with team events, practices, and games, potentially for multiple sports, means that athletes must have excellent time management skills and the ability to balance their many duties.

“Playing a sport through high school and then in college, and maintaining a good GPA is not easy. It reflects very nicely on the resume of an athlete, and shows to the potential employer that the person can manage their time effectively.” -Chris Valleta

Not only does this make former athletes fantastic at scheduling, but they know how to prioritize and compartmentalize in the workplace. A former athlete is well-positioned to know what tasks to prioritize and how to stay focused when things get hectic.

Emotional strength

Being an athlete isn’t all glory. Because of the competitive nature of sports and other extracurricular activities, most of those in any given event will not be the winner. It takes a lot of effort to win, but one must also learn how to lose with dignity.

Businessman and former NFL player Chris Valletta says that athletes having a network of teammates and coaches helps facilitate a sense of belonging, a boost in mental health, and a group to lean on in hard times, helping keep them strong.

Athlete Career Placement mentions an athlete’s discipline as one of their most valuable traits. Knowing how to focus on a goal and compartmentalizing failure in order to focus on the next steps give them an edge in staying emotionally strong when things get tough at work. The past few years have shown that changes can happen quickly, and having the emotional strength to come out on top is crucial.

Wrap up

Remember—one didn’t have to play a sport at a high level to have the athlete’s mindset. Not all had the privilege or physical gifts required to have a long sports career. These intangible traits we recognize from former athletes are found in many, and these are the types of candidates that can truly make an impact in your organization. Consider former athletes and those with the athlete mindset for your next opening and you won’t be disappointed with the results!

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Testimonial: Former MLB Pitcher Slides Into Med Sales Role

At NexGoal, we take our athlete career placements very seriously – which is why our Project Coordinators spend so much time working with each candidate to put them in the best position to succeed. Once our candidates are placed, we like to take the time to share that candidate’s journey with all of you.

Our client is a leading designer, manufacturer, and marketer of innovative healthcare products. The needs of their customers and their patients drive everything they do. Because of their dedication to excellence, innovation, and value, they seek those same values in their employees. They turned to NexGoal to find their next Respiratory Sales Specialist.

We were fortunate to make contact with Zach Seipel, a former MLB pitcher with the Atlanta Braves. Zach has a deep passion for the healthcare industry thanks to his mother’s experiences as a nurse. Over his three-year MLB career, Zach combined his love of healthcare and his athletic background by learning about the treatment and recovery of athletes. Zach’s dedication to healthcare, along with the competitive drive, coachability, persistence, and confidence that made him a successful athlete, made him a perfect candidate for our client’s opening.

Once Zach connected with NexGoal recruiter Brittany Brady, he knew it was the right fit. “The NexGoal team really gets the athlete experience and what former athletes like me can bring to an organization. It was clear they really knew their stuff,” Zach said of his decision.

Brittany and Zach formed an easy rapport, and Zach highlighted their interactions as a bright spot in the process. “I felt like [Brittany] really listened to me and understood me. She kept in touch regularly, was available to answer any questions or concerns I had, and provided valuable knowledge on what went on behind the scenes during the hiring process. ” Zach said.

It didn’t take long for Zach to get the job and begin his new career. “The process couldn’t have been easier. Job searching can be a pain, but with someone like Brittany and the [NexGoal] team on your side, it’s a lot easier. If you’re looking for a new job, I highly recommend reaching out to them.”

Over the past 10+ years, we have specialized in placing former athletes in careers with our various corporate clients. The core of our business surrounds athlete job seekers, and Zach was quick to recommend NexGoal to any other former athletes looking to make a career change.

“NexGoal truly understands what life after the game is like and how to help athletes pivot,” Zach said.

The NexGoal team would like to thank Zach for his valuable feedback and for sharing his journey, and we wish him continued success in his new role as a Respiratory Sales Specialist.

Are you looking to advance your career in the prestigious medical device industry? Your dream job is only a click away! We look forward to placing you in your next career. You can get started by filling out our Athlete Candidate page here.

Employers: Are you looking to bring on highly qualified candidates like Zach, who may not find you on their own? Reach out and discover how quickly we can connect you with top active and passive job seekers near you!

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Testimonial: NexGoal Helps Driven Salesman Achieve New Role

At NexGoal, we take our athlete career placements very seriously – which is why our Project Coordinators spend so much time working with each candidate to put them in the best position to succeed. Once our candidates are placed, we like to take the time to share that candidate’s journey with all of you.

As a title industry leader, our client is raising the standard of title service delivery and upholding a culture of professionalism, integrity, and performance. They attribute their success to their talent pool, and when they had an opening for a Commercial Sales Executive, they knew NexGoal would provide talent that would exceed their high standards.

NexGoal recruiter Brittany Brady reached out to Robbie Breuner, a resilient and relentless sales guru looking for a new position. Brittany immediately recognized Robbie’s talent and sales expertise, and it was clear he was the right man for the job. Once the process started, it didn’t take long for Robbie to receive the job offer.

Robbie lauded his experience working with Brittany and the NexGoal team. “I had an extremely pleasant experience. I was helped throughout the whole process and was given frequent updates” Robbie told us. “She was able to give me a lot of advice and tips and tricks. Her advice
was great and helped me land the job.”

Robbie felt that Brittany was there for any questions or concerns he had, and he said he had many throughout the process. “I am not an easy person to live with so I was appreciative of her patience with me,” Robbie joked.

Robbie was quick to recommend NexGoal to other job seekers thanks to the ease of the process, the knowledge and advice of the recruiting team, and the support he received. “And because Brittany is there!” he added.

Over the past 10+ years, we have specialized in placing former athletes and those with the athletic mindset in careers with our various corporate clients. The core of our business surrounds competitive-minded job seekers with valuable traits, and it was a privilege to work with a top-tier candidate like Robbie.

The NexGoal team would like to thank Robbie for his valuable feedback and for sharing his success story, and we wish him continued success in his new role as a Commercial Sales Executive.

Are you looking to advance your career in the thriving mortgage and title industries? Your dream job is only a click away! We look forward to placing you in your next career. You can get started by filling out our Athlete Candidate page here.

Employers: Are you looking to bring on highly qualified candidates like Robbie, who may not find you on their own? Reach out and discover how quickly we can connect you with top active and passive job seekers near you!

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Learn From The NFL Draft And Recruit Like The Pros

This is an exciting week in the world of sports as the 2022 NFL Draft begins. For those who don’t follow the sport, during the National Football League’s annual draft, the 32 teams recruit former college football players through an arranged system over the course of seven rounds.

The draft is the best way for teams to bring in new talent, and the process of talent evaluation is extensive. Each pick is a risk, as you’ll never have a complete picture of a prospect’s ceilings, and the fit with the right team can change everything.

In that way, business recruiting is similar. Recruiters must hire who they believe the best candidate is based on the information they have, and they can’t ignore their gut feelings. If your organization wants to recruit like the pros, you need to approach the process like the pros. Embrace these NFL Draft principles for your next hiring cycle.

Analyze your team’s needs

Scouting is a major part of the hiring process, but it starts with self-scouting. Know your team’s strengths and weaknesses. An NFL team may need a wide receiver, but they won’t just bring in anyone to fill the role. They need a good scheme and cultural fit. What can that prospect do for your team that others can’t? How can they fulfill the team’s unique needs?

Ask yourself what the ideal candidate would look like. Maybe you’re a tech recruiter and you need someone a little more specialized this time. Perhaps you’d like your next shift manager to have stronger people skills. The insight you can from self-analysis will put you in a better position before you even start researching candidates.

ATD’s Angel Green recommends shifting to a continuous performance management process to keep analyzing your team’s performance. The more frequently you self-scout, the more prepared you’ll be when a need arises.

“Is a position about to open because performance is lackluster in an area? Do you need to add a utility player? Add some strength? Build for the future depth?  By constantly having a pulse on how your players are performing, you can be strategic in your recruitment efforts.” –Angel Green

But don’t reach

The flip side of the above point is to avoid simply hiring the first person that checks your boxes. In the NFL, a team may “reach” for a position of need when there are better options on the board or they could get the same player much later. A team may need a quarterback and take a less polished option early while other teams are getting quality players ready to make the jump.

Gut feeling matters, but don’t ignore analytics. The best resumes are data-driven and provide tangible measurements of performance. Just as the NFL has more analytic data available than ever before, use all available data at your disposal before you make the hire.

Bet on traits

A college football prospect is almost never a finished product. Even the best can’t-miss prospects need time to adjust to the faster, stronger competition of the pros and to learn the more complicated playbooks. Instead, what makes a player desirable is the traits they possess. Teams will bet that possessing valuable traits is enough, and the player can learn the “teachable” skills down the road. NFL scouts swear by intangibles, traits like confidence, mental toughness, and coachability, as some of the most important traits.

“Some guys carry themselves like they’re hoping something good happens. Other guys carry themselves like they expect to make something good happen. And [with the latter], you really can feel it.” –Stephen White, former NFL defensive lineman

Your hiring search is best served by following the same philosophy. You may have a deep wishlist of traits and skills you’d like your next hire to have, but it’s rare you’ll find someone that possesses them all. Decide what skills are a priority for you. Many soft skills, including communication skills and adaptability, are highly-transferable and hard to teach. Meanwhile, proficiency in a specific software may be something easy to pick up as the employee gets acclimated.

Consider floor vs. ceiling

NFL teams must balance players that can come in and play right away versus players that can become future superstars. You may find a player that seems pro-ready, but they might not get much better than they were when you drafted them. Meanwhile, a player with desirable traits in need of polish can lead your team to glory with the right coaching.

Are you looking for someone who can come in and fill a role immediately, or do you want to nurture growth and find someone that can play a major role for your organization in the future? Every organization needs both, and there’s no shame in being a role player or depth piece. But it’s important for scouts and hiring managers alike to look at a candidate’s floor and ceiling.

Sell your team

In the NFL, players don’t get to choose their employer, but neither party is served by a bad fit. A player telling a team they won’t want to play for them isn’t unheard of. Job seekers, meanwhile, DO get to make their choice. Modern Hire reminds us that interviews are a two-way street. You need to sell your organization and why you’re the best fit for this prospect.

Have a backup plan

You never know how the board will fall in the NFL Draft. You may desire a player, but your rival gets the chance to draft them before you do. In the business world, your ideal candidate may take a more lucrative offer or seek a benefit you just can’t meet. You can’t put all your eggs in one basket. Good NFL teams will find multiple players to fit their needs, and you need to as well.

Remember that we said to avoid reaching. Don’t stop interviewing after you find one candidate you really like. Continue to do your research and gather data. In that way., you’ll be prepared for anything.

Wrap up

There may be no “business world draft”, but recruiters can learn a lot from the big leagues. NFL teams must constantly evaluate their needs and choose which traits to prioritize, and a savvy organization will do the same. Embrace the above strategies and recruit like the pros!

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Assessing The Mortgage Industry: Top Trends & Statistics

Is the U.S. housing market overheating? Within the stability of low mortgage rates and high buyer contention, the housing market continues to be highly competitive. While it is a great time to be in the market for a loan, borrowers don’t quite have their’ pick of the litter’ like in times past. Home prices continue to rise, as does the volume of offers placed on each listing. 

“Demand is robust throughout the country, but homebuyers continue to be held back by the lack of homes for sale and rapidly increasing home prices.” – Joel Kan, MBA Economist.

After assessing various expert opinions, knowledge, and studies, we have constructed the ultimate guide to the latest Mortgage industry trends and statistics entering 2022. Courtesy of the industry professionals with The Mortgage Banker’s Association, Fannie Mae, Forbes, Wall Street Journal, Bankrate, The Motley Fool, TIME Magazine, & more!

Mortgage Rates Staying Low

While banks and lenders compete for consumers, the lingering of favorable rates comes much to the delight of borrowers. Mortgage rates have hovered around 3% throughout 2021, and experts predict that trend to continue. While many foresee a gradual incline, the experts in Real Estate at the likes of Bankrate and Next Advisor are still forecasting rates below 3.5% through 2022.

Why are mortgage rates remaining low? Mortgage rates are also influenced by consumer demand for home loans and the lenders’ willingness and ability to adhere to the numbers. According to the Mortgage Banker’s Association & Fannie Mae, the total volume of loan originations (purchase and refinance) in 2021 is on pace for a $250 million decline (10%) from 2020. The current year is on pace to see an 11% increase in purchase mortgage originations at $1.8 trillion, but a 14% decrease in refinance originations at 2.2 trillion. With loans able to derive from any location, banks and lenders are making their best effort to beat out the competition’s low rates and hold on to their newly hired employees. 

Inventory Causing High Buyer Competition

Realtors across the country have reported seeing multiple offers come in on nearly every listing, and they expect that trend to continue through the Spring as well. According to the National Association of Realtors (NAR), the U.S. housing market is short 3 million homes, and supply will likely remain tight for the next few years. As a result, we are experiencing the most significant annual growth in home value in over 30 years, including a 14.6% price increase from April 2020 to April 2021. Chief Economist with CoreLogic, Frank Nothaft, details how the low rates “have led to really eye-popping house price gains, and I expect that to continue.”

Why is the current housing supply unable to keep up with demand? In addition to the low mortgage rates that have new buyers emerging from every location, construction of new homes was also severely slowed by COVID-19 and has yet to get back on track. The NJ Lenders Corporation also reports that many homeowners who are removed from the big-city lifestyle are reluctant to sell their homes with the ease and comfortability they’ve found in working remotely. Homeowners are much more likely to explore refinancing to cut their monthly payments, focus on new home projects, and build more equity in their homes. Furthermore, these homeowners are well aware that choosing to reap the benefits of the seller-friendly market means they will become a part of the crowded homebuyer market.

via National Mortgage News             
(via National Mortgage News)                                                             (via Affinity Realty Group)

With sellers earning top-dollar for their listed properties, buyers need to be exceptionally savvy in hopes of striking a deal. More desirable homes, such as those not requiring renovations, encompassing ample living space and coveted amenities, are often swept off the market in 1-2 days. The mortgage reporting team at Bankrate implore consumers to enlist the support of a knowledgeable realtor to steer them through the competition. Buyers and sellers have a unique opportunity in the current market, but each must stay aggressive and calculated in their approach to capitalize. 

NOTE: This past June marked the first time since 2020 that the volume of existing-home sales rose as more houses hit on the market. (Courtesy of The Balance)

A Spike in Job Openings

Despite many lenders and banks reporting a decline in the volume of loan originations, hiring is seeing a dramatic increase as the economy heals. Courtesy of the National Mortgage News: “Users of the company’s compensation system found year-over-year processor headcounts in the first quarter were up 58% from a year ago. The number of registered loan officers increased by 32%.” The search consultants at Hunter Hollis confirm this growth and anticipate high demand in the real estate, mortgage, and title industry among those seeking a career change. With interest rates expected to remain low, many organizations are experiencing various career professionals who want to get in on the action.

What The Remote Work Shift Means in Mortgage/Real Estate

Regarding Potential Buyers

COVID-19 has forced employees from all lines of work into temporary or permanent remote working environments. With the ability to operate from a home office for the foreseeable future, homebuyers have reevaluated their priorities and created new arrangements for their futures. They have more freedom than ever before when choosing where and how they want to live. What does this look like in real life? Forget the perk of dodging NYC, Chicago, LA, or other big-city rush hours; employees can ditch their current home’s upscale, costly lifestyle for a more reasonable and desirable one. Whether it is to move closer to family or find peace and safety in a rural or suburban area, people across the country are taking advantage of the opportunity. In fact, a recent study from H.R. Executive revealed that 58% of workers would “absolutely” look for a new job if they were not allowed to continue working remotely. 

Regarding Your Employees & Talent Recruitment

Talent demand is high within the mortgage and title industry, and despite the plethora of job seekers, employers are admittingly finding it hard to fill their open positions with highly skilled personnel. Employers’ ability to adapt to the times plays a significant role in keeping up with competitors and constructing a healthy recruitment marketing model. Being locked down to one location due to a job is a thing of the past. Many employers have opened their opportunities to fully remote and semi-remote positions to adhere to national guidelines and reach a higher quality of talent recruitment.

Tech Trends via The MPA

The Rise of Tech-Savvy Home Buyers: “Where some companies were reluctant to invest in tech advancements prior to the COVID-19 outbreak, most lenders now recognize the need to offer online mortgage solutions.” – Allison Leung, Maxwell Financial 

Driven by customers’ developing expectations in “speed, seamlessness, convenience, personalization, and transparency,” here are a few of the MPA’s revealed tech trends that experts presume will shape the future of the mortgage industry:

  1. Adopting API To Improve Efficiency

Mortgage lenders are taking part in the transcendence of application programming interfaces (API) to streamline business processes. From workflow automation, data accuracy assurance, and facilitated compliance, employers are making a pivotal effort to stay up to date with the latest technology trends. Leung states: “A lack of efficiency in back-office operations not only affects loan processing speeds and loan officer morale, it also has an impact on the saleability of loan products overall.”

  1. Improving Self-Service & Omni-Channel Capabilities

The digital home-buying experience is here to stay. Allowing consumers to engage with you through their preferred method of communication will open up your lead attraction capabilities. I.T. tech consulting firm, Infosys, believes that if lenders can provide “online calculators, scenario analysis tools, and open mobile communication channels,” they will see lead conversation improve. 

“For many, working with lenders that offer an online experience that allows them to get quickly pre-approved, lock in their rate and upload required mortgage documentation is a welcomed departure from the traditional mortgage process.” – Glenn Brunker, Ally Home.

  1. Increased Machine Learning (ML) & Artificial Intelligence (A.I.)

Infosys suggest that the adoption of ML & A.I. can increase speed and efficiency within the document-intensive process for lenders. Key examples include paperwork organization and analysis and borrowers’ salary and credit history assessment. Completing preliminary mortgage advising tasks and offering product recommendations through the use of an A.I. chatbot will remove tedious, repetitive tasks from your desk.

Homebuyers Statistics: (Pulled Directly From Mortgage Calculator)

  • First-Time Buyers– The number of first-time buyers entering the housing market fell to its lowest percentage since 1981.
  • Median Age and Income of First-Time Buyers– The average age of first-time homebuyers in the United States stands at 31, showing little to no change over the last few years. Their average annual income was approximately $68,300. The median cost of homes purchased by first-time buyers is $169,000.
  • Median age and Income of Repeat Buyers– The average age and income of repeat buyers remain relatively stable, with a median age of 53 and an income of approximately $95,000 per year. The average cost of a home purchased by a repeat buyer is $240,000.
  • Household Composition of Homebuyers– The statistical make-up of home buyers has remained unchanged over the last few years, with 65% being married couples, 16% single women, 9% single men, and 8% unmarried couples.
  • Financing Profiles– 88% of all buyers financed their purchase, with younger buyers more likely to rely on financing than consumers aged 64 or older. 93% of first-time buyers opted for a fixed-rate mortgage, with 35% financing their purchase with an FHA-backed mortgage. The average down payment for first-time buyers was 6% of the total cost of their home, while the average down payment for repeat buyers was 13%.
  • Housing Profiles– 79% of buyers purchased a detached single-family home, while 16% bought a townhouse or condo. The average home purchased had three bedrooms and two baths.
  • Average Time Between Moves– The average time a family is expected to stay in their home is approximately 13 years.

Final Thoughts

In a recent writeup for NextAdvisor, Finance Journalist Jason Stauffer surveyed what mortgage experts project for the coming months/years. Surmised from industry specialists Lindsey Piegza with Stifel Financial; Tian Liu with Enact Mortgage Insurance; Jon Bodan with Perpetual Financial Group; Erin Sykes with NestSeekers International; and Robert Frick with Navy Federal Credit Union, the most commonly relayed messages held true to these three common themes: 

  1. A slight, gradual increase in mortgage rates, but remaining below 5% for the foreseeable future.
  2. Demand has overwhelmed supply, and the low housing inventory remains the greatest concern for lenders and homebuyers.
  3. Lenders are pursuing borrowers. While potential homebuyers are experiencing decreased odds at landing their future home, lending professionals and real estate agents are enduring increased workloads.

Learning About NexGoal

Want NexGoal to help you access the often-closed community of passive candidates and start sourcing top-performing employees for your organization? We have tracked great success within the mortgage and title industry and would love to introduce you to talent we believe in! Contact our CEO, Kevin Dahl, at kevindahl@nexgoal.com to start putting your plan into action.

*Reference this article, and we will promote your job openings on LinkedIn and/or Indeed for free!

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