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

Love or Hate Rightmove
Breaking News

Rightmove asks government to consider retaining first-time buyer stamp duty threshold

New analysis shows only 37% of homes for sale will be eligible for first-time buyer stamp duty relief in England come next April, down from 58% of homes that are currently eligible Currently, a first-time buyer pays no stamp duty on properties up to £425,000, but this is due to drop back to £300,000 from…
Read More
Estate Agent Talk

5 Steps to Becoming the Best Estate Agent in Your Town

Are you passionate about your estate agency and want to become the most noted estate agency in your local area? Finding a family their dream home can feel like the greatest accomplishment, and can be extremely rewarding. In order to become the best estate agent in town, here are some top tips for success. 1.…
Read More
Breaking News

Breaking Property News – 25/07/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Latest property data trust framework helps digitise conveyancing The Open Property Data Association (OPDA) has released the newest version of its property data trust framework which, among other benefits, will help key conveyancing information to be provided digitally. It will be easier for consumers to…
Read More
Rightmove logo
Breaking News

Rightmove’s weekly mortgage tracker

Matt Smith, Rightmove’s mortgage expert said: “We’ve seen average mortgage rates drop at a pace not seen for a while this week, faster than many expected as lender competition hots up. The first sub 4% rate for those with larger deposits and prepared to pay a higher fee is the headline-grabber, but we’ve also seen…
Read More
Coastal and sea front property
Estate Agent Talk

Why You Should Invest in Herne Bay Property

Herne Bay, a charming coastal town in Kent, is fast becoming a hotspot for property investment. With its picturesque seafront, vibrant community, and excellent transport links, Herne Bay offers a wealth of opportunities for property investors. If you are considering a property investment and looking for estate agents in Herne Bay to guide you through…
Read More
Breaking News

Breaking Property News – 24/07/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   The recent UK election, with a new Labour government, is set to have significant implications for lettings. As housing is a devolved matter in Wales, local governance and devolution will play a crucial role in shaping this sector. Williams & Goodwin The Property People,…
Read More