Is Your Estate Agent Business Productive? (infographic)

Published on:

May 6, 2021

A picture of a toy house and keys

Over the years, we've worked with many estate agents, helping them improve their business productivity so they can become more profitable businesses that grow year after year. We pulled all our analytics together to figure out how productive the average estate agent was and here's what our research found:

Estate Agent Productivity Infographic

Estate Agent Infographic

As you can see:

  • More than 60% of estate agents are losing revenue from low caller engagement
  • Just 10% of customers would highly recommend their estate agent's service
  • More than 25% of calls are hidden complaints
  • On average, 55% of calls are service calls as opposed to new enquiries
  • 75% of estate agents have poor call closing
  • 80% of call handlers fail to own the call
  • 25% of calls go to overflow, missing a first contact opportunity

The importance of these statistics shouldn't go unnoted. Everyone on the high street right now is struggling, from department stores to fashion retailers, and high street estate agents are no exception to this rule. To compete with hybrid and online estate agents, traditional letting agents need to deliver the Rolls Royce of customer service and experiences.

To achieve this though, they need to be an their most productive. It's no easy feat, but Awardaroo can help. Find out more.

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About Paul Freudenberg

Paul Freudenberg is a business productivity coach and consultant with a focus on operational excellence delivering improved profitability and business performance, and Founder of Awardaroo in 2005. Paul has set the mission of Awardaroo to help raise UK Business Productivity from one of the lowest in the G7 to one of the highest by 2030. Connect on LinkedIn

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