A component for a downhole tool includes a rotor and a hardfacing precursor. The hardfacing precursor includes a polymeric material, hard particles, and a metal. A hydraulic drilling motor includes a stator, a rotor, and a sintered hardfacing material on an outer surface of the rotor or an inner surface of the stator. Methods of applying hardfacing to surfaces include forming a paste of hard particles, metal matrix particles, a polymeric material, and a solvent. The solvent is removed from the paste to form a sheet, which is applied to a surface and heated. A component for a downhole tool includes a first hardfacing material, a second hardfacing material over the first hardfacing material and defining a plurality of pores, and a metal disposed within at least some of the pores. The metal has a melting point lower than a melting point of the second hardfacing material.