Successful Estate Agencies Leave Clues

A quick one this week folks as I’m knackered after being a detective for the past couple of days (hopefully more Columbo than Inspector Clouseau).

Several of my clients have been very successful recently at different industry award competitions.

And success leaves clues as I’ve discovered while researching a future article on what makes some agencies do a lot better than others at awards.

The three clients I’ve featured here are all at different levels in terms of size.

One is a single office agency, another has three offices following a rapid expansion, and the final agency has 15 offices spanning four counties and several property disciplines.

They all have very good market shares in their patches, which let’s face it is a lot more important than awards.

And they all do quite a lot of things better, or at least differently from their rivals.

Small examples include:

Single office agency – The first agency I saw using personalised email signatures with a smiling, approachable looking photo of the staff member. And great social media use.

Three office agency – Have a mantra of ‘How will this benefit our clients? The owner is obsessed by learning about anything which can propel his agency forward. And that’s rubbed off on his well-motivated team.

15 office agency – Invest thousands in staff training, getting involved in local community events and never missing a trick to get their brand out there.

And although the above examples are different, and the agencies individual, they are all united by three things.

  1. They all have some sort of newsletter or regular method of staying in touch with precious (not a typo, work it out) clients who they have served in the past.
  2. They pay their bills on time. (I can usually gauge an agency’s attitude to clients by how they treat suppliers).
  3. The heads of all three companies are very decent, hardworking and honest people. Making a mockery of misconceptions about ‘dodgy agents’ which in my experience is a load of old bollocks anyway.

There are loads more things they do that make them great agencies but I’ve got to go now and solve the case of the missing bagel from my office (I really fancied it for lunch and some Herbert has nicked it).

Thanks for reading and here’s to your next instruction.

Jerry

PS: The Earlybird offer on my new Letting Agent Articles (31 great articles to win some landlord love) ends tomorrow at 5pm. To find out more simply ping me your postcode so I can see if your area is still available and I’ll reply with the deal and more info.

Jerry Lyons

You May Also Enjoy

Estate Agent Talk

A Guide To Moving To The UK

Are you considering moving to the UK, perhaps you are relocating for work or returning after some time as an expat elsewhere. Whatever the reason, to help you begin your journey smoothly, we have compiled all the relevant information on how to relocate to the UK. This guide to moving to the UK will cover…
Read More
Breaking News

Breaking Property News – 30/04/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Will Yardi’s multi-million gamble on WeWork the former £37Bn Unicorn pay off? The word is that Adam Neumann the enfante terrible and former co-founder is unlikely to be the new owner of WeWork as it emerges out of the gloom of its present bankrupt…
Read More
Love or Hate Rightmove
Breaking News

Rightmove rental tracker: 50,000 rental properties needed to bring supply back to pre-pandemic levels

Average advertised rents outside of London rise to a new record of £1,291 per calendar month (pcm), though the pace of rent growth continues to slow, with average rents now 8.5% higher than last year London rents reach a new record by two pounds, rising to £2,633 per calendar month. Average advertised rents in the…
Read More
Letting Agent Talk

Half of Renters Don’t Know Where to Turn When Something Goes Wrong

Results come as TDS Charitable Foundation develops new service to support tenants to uphold their rights. HALF of all private renters would not know where to turn to if a landlord or letting agent failed to address a problem in a property. That’s according to interim results from a new representative survey of over 2,000…
Read More
Estate Agent Talk

Liverpool’s Real Estate Market: What You Need to Know

Liverpool’s real estate sector presents a dynamic environment for investors, homebuyers, and tenants alike. As the city continues to expand and develop, understanding the nuances of this market is crucial for anyone looking to engage with property in the area. This article provides a comprehensive look at the current trends, investment opportunities, and potential challenges…
Read More
Estate Agent Talk

Identifying Common Structural Issues in Balconies

Living in a city like Sydney, where a breathtaking view of the cityscape and ocean can be the crowning jewel of your property, it’s no surprise that balconies are key features sought after by homeowners. However, over time, these aesthetically pleasing elements can become a structural nightmare due to a range of issues that compromise…
Read More