Click To Call’ Prompts 35% Increase In Estate Agent Calls

Estate agents are receiving 35% more calls than they did five years ago as the rapid growth of property portals encourages customers to ‘click to call’ at all hours of the day and night, according to new research.

Commissioned by leading outsourced communications provider Moneypenny, the research revealed that an increasing number of calls are judged by agents to be serious leads – with at least 40% of calls resulting in a valuation or viewing request and 10% claiming this figure to be as high as 80%.

Alongside a rising number of valuable phone calls, Moneypenny’s research also found live chat to be an increasingly important source of leads. 26% of agents have now adopted the technology and whilst that still leaves much room for improvement, it does put the sector ahead of IT and telecoms, financial services and automotive businesses.

Commenting on the findings, which also cement the phone as estate agents’ number one channel for customer communication, Samantha Jones, Head of Field Sales at Moneypenny said:  “Customers are increasingly using online searches for preliminary research and then ‘clicking to call’ directly from Google’s search results once they know what they want.  The result is more calls to businesses and calls that stand to have far greater value.

“This survey has proved that the phone call is still king for customers, even with the boom in online searching, but agents need to be able to respond quickly and ensure they make every call count.

 

“We know that 69%[1] of callers don’t leave voicemail messages, so it’s very important to  answer every call, particularly as 97%[2] of consumers give more business to companies who respond quickly.  Efficient call handling is essential as missed calls cost business.”

 

Craig Reynolds from multi-branch estate agent Urban & Rural, which works across Bedfordshire and Buckinghamshire, said: “Excellent communication is essential in delivering premium customer service. Our clients are always able to speak with someone – a real person – with a friendly and helpful manner. Better still, they’re greeted by someone who knows our business and the property sector, which is reassuring for them, and for us.”

 

The research also highlighted that despite an increasing number of calls generating serious leads, one in ten estate agents say that their branch staff find the phone a distraction and 17% say their staff would prefer customers to use email or live chat.

 

Moneypenny handles 13 million property calls and 2 million live chats each year.  Established in 2000, Moneypenny is the world’s market leader for telephone answering, live chat, outsourced switchboard and customer contact solutions. In total, more than 13,000 businesses across the UK benefit from Moneypenny’s mix of extraordinary people and ground-breaking technology.

 

For more information about Moneypenny’s work with the property sector visit www.moneypenny.co.uk/property

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

UK housing market built for couples

As Valentine’s Day approaches, the latest research from Yopa reveals that couples have a significant advantage when it comes to buying a home, as solo buyers who are trying to get a foot on the ladder find themselves nearly £50,000 short of the amount required to secure the average property based on current mortgage lending…
Read More
LIVING BY THE SEASIDE 2022
Overseas Property

Brits continue to chase Spanish sunshine

The latest data insight from Enness Global has revealed that British interest in buying property in Spain continues to strengthen, despite growing political pressure from the Spanish government to restrict overseas buyers and curb foreign investment in the housing market. Enness Global analysed Google search trend data across the UK, tracking search activity related to…
Read More
Breaking News

Property finance expert reveals the five renovations that could devalue your home

Expert warns that not all home improvements add value Over-personalisation is one of the biggest risks Renovation mistakes could shave THOUSANDS off final sale price Homeowners can spend tens-of-thousands of pounds on renovating their home, but not always make that back on the sale price. In some cases, renovations can seriously reduce a property’s appeal…
Read More
Estate Agent Talk

Urban housing mix forces estate agents to work harder

The latest market analysis from eXp UK has revealed that estate agents operating in more urban, built-up markets are often required to work significantly harder to generate comparable earnings, due to the dominance of flats within city housing stock and the far lower commission secured per sale when compared to detached homes. eXp UK analysed…
Read More
Breaking News

Property compliance experts urge landlords not to ignore major tenancy changes under Renters’ Rights Act

Beresfords property group highlights key actions landlords must take as new tenancy rules, enforcement powers and energy standards approach. UK landlords are being warned not to overlook major changes to tenancy agreements and compliance requirements, as the Government moves closer to implementing the Renters’ Rights Act 2025. Following the publication of draft secondary legislation, the…
Read More
Breaking News

Nationwide becoming first lender to allow mortgage deeds to be signed digitally

Mary-Lou Press, President of NAEA Propertymark (National Association of Estate Agents), comments: “The conveyancing process remains one of the most common sources of frustration for buyers and sellers, with more than 30 per cent of housing transactions taking over 17 weeks to complete on average. These prolonged timescales only serve to increase pressure and uncertainty…
Read More