Breaking Property News 14/08/24

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

New innovative Plug-in to amplify business success by aggregating multiple review sources

Every Estate and Letting agent relies upon reviews and testimonials to win new business, but having put in the hard work to get them, a large number of them go hidden. VerifyTrusted addressed this today by officially launching its powerful new plug-in designed to help businesses leverage value from their existing reviews at super low cost and zero effort.

Unlike other review platforms, this simple yet robust solution aggregates reviews from various sources, empowering businesses to enhance their credibility and boost their success. By searching out and finding all reviews and shining a spotlight on them. Working on autopilot, VerifyTrusted’s solution addresses the critical need for businesses to effectively manage and showcase customer feedback from multiple review sources such as Google, Allagents, Facebook and many more.

As Ian Dobrin co-founder explains,

‘Agent’s new business comes from reputation, often when VerifyTrusted gets a new agent as a client they may have 50 reviews, using our software we find they actually have another 50 genuine reviews that they were unaware of, sometimes many more, just think how that powers their position in their local marketplace – they have put in the effort we make sure everyone knows how good they are.’

Jet Chohan co-founder adds, ‘VerifyTrusted is an Agent’s Beacon of Excellence.’

‘Estate Agents and Lettings Agents are brilliant at selling and letting property, but are too busy or just do not understand how to drive new business digitally. Which costs them as it is where the public now searches, that is why VerifyTrusted has a Unified Review Reputation Page. It combines reviews from multiple sources into a single, easy-to-navigate platform, simplifying management and response efforts.’

Ian Dobrin further comments, why reviews really matter, backing this up with some industry statistics,

‘Consumer Trust: with 88% of consumers trusting online reviews as much as personal recommendations, showcasing positive reviews from diverse platforms can significantly enhance a business’s credibility. Increased Sales: estate agents and suppliers with reviews are 270% more likely to be engaged, demonstrating the powerful influence of customer feedback on decisions.

Local and general SEO boost: businesses with positive reviews have a 54% higher chance of appearing in local search results, driving more organic traffic and increasing visibility. Frequent and positive reviews enhance a business’s SEO, making it easier for potential customers to find them online. Revenue Growth: a one-star increase in a business’s Google rating can lead to a 5-9% increase in revenue, underscoring the financial impact of customer reviews.

Competitive Advantage: 73% of consumers are influenced by reviews when making decisions, making it essential for businesses to maintain a robust and positive online presence with VerifyTrusted digital tools you can easily showcase your reviews. Enhanced Visibility: By leveraging positive feedback from various platforms, businesses can improve their online reputation and stand out in a crowded market.

Actionable Insights: clients gain valuable insights from customer feedback to improve products and services, leading to increased customer satisfaction and repeat business. Mobile Compatibility: We ensure reviews are accessible and visible on all devices, catering to the 63% of consumers who prefer to make purchase decisions on their mobile devices.’

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Breaking News

Real-life value of the most famous Christmas film homes

The real-life value of the most famous Christmas film homes, from budget classics to multimillion-pound mansions New research has gathered and analysed the estimated valuations of real homes featured in popular Christmas films, ranking them by cost. The priciest homes are featured in The Holiday, Trading Places, and Home Alone, with Amanda’s home from The…
Read More →
Estate Agent Talk

77% of buyers refuse to buy a flood risk property

Despite 4.7 million English homes facing flood risk New research from Lyons Bowe has revealed that 77% of homebuyers would not consider purchasing a property in a flood risk area, despite more than 4.7 million homes across England currently being deemed at risk of flooding. The findings come as the Government launches a new flood taskforce amid…
Read More →
Letting Agent Talk

Poor Communication becomes Expensive at Scale

The hidden cost of fragmented property management By Adam Hills, Client Services Director, LRG Living Markets A landlord asks for an update on a repair. The property manager asks the contractor, who is waiting for access from the tenant. Meanwhile, the accounts team has received an invoice but cannot tell whether the work is complete.…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

When Estate Agents Decide to Go Solo

Leaving an established estate agency to work independently gives experienced agents more control over fees, client service and working hours. It also brings responsibility for compliance, cash flow and every part of the customer experience. Before handing in your notice, test the idea against realistic sales volumes, local competition and the amount of time you…
Read More →
Estate Agent Talk

What Should Buyers Ask Before Reserving a New Build?

Research from Skipton Building Society has found that 44% of aspiring first time buyers would rather buy a new build than an older property, with just 30% favouring an older build. Modern fittings and appliances were the biggest draw, cited by over half of those who preferred a new build, alongside the promise of lower…
Read More →
Breaking News

The UK cities with the largest property price increases revealed

A new study has unveiled the most challenging UK cities for first-time buyers. Newry leads Northern Ireland’s ranking, with a property price increase of 12.8%, while Hull leads Great Britain’s ranking, recording an increase of 6.6%. The research examined data from HM Land Registry to reveal the cities that have faced the highest property price…
Read More →