Tuesday, 30 March 2010

27 things the public want from the perfect estate agent

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Last week, a very interesting question was posed on the Money Saving Expert forums (the site run by Martin Lewis, that chap off GMTV):

What would your dream estate agent do?


 Here's a quick summary of 27 points from the thread, in the order they were raised:
  1. Listen and respond to specific requirements, not just price and number of rooms.
  2. Responding to enquiries, answering and returning calls, actively using email and doing some of the running during the sales process.
  3. Communicate the benefits of using an estate agent, versus a private sale.
  4. Confirm and show up on time for viewings (or, particularly for lettings, cancel them if the property has already let).
  5. Provide interesting information, rather than tell you that you're standing in a kitchen.
  6. Don't behave like a friend, treat customers professionally. Acknowledge and welcome any foot traffic. Keep in regular contact.
  7. Qualify applicants properly and report their status accurately.
  8. Cultivate a plan B, ready for if a sale falls through.
  9. Make the effort to identify and recommend only good, reliable conveyancers and mortgage advisors.
  10. Offer advice on how to maximise the chance and value of a sale or let.
  11. Encourage the vendor to influence the property description.
  12. Use floor plans and indicate the total square footage.
  13. Use Google Street View.
  14. Give the size and aspect of the garden, as well as the rooms.
  15. Avoid judging people based on appearance - keep an open mind - and don't treat them like idiots.
  16. Be honest. Provide as many (professional quality) pictures and details as possible.
  17. Avoid complacency (if you know what to do, keep doing it!).
  18. Provide weekend and out-of-hours services.
  19. Use a good CRM system. ;o)
  20. Give timely and honest viewing feedback.
  21. Allow adequate time for viewings.
  22. Explain to house hunters that you will show them some properties that aren't quite right, but that this will help you better understand their priorities (as per Phil and Kirstie).
  23. Systemise your business to improve quality, using checklists and the like.
  24. Educate first time buyers.
  25. Spell accurately.
  26. Empathise and be respectful.
  27. Keep property statuses up to date on your website and property portals.
All good advice!

4 comments:

Eric said...

Very good Martin!

I can see that alot of the frustrations the general public have with agents should be fairly easily rectified by a 'good' agent, so that's encouraging!

Regards

Eric

Martin Smith said...

Thanks for the comment Eric - glad you found the conversation thread as interesting as I did.

There's so much pressure in the world for new and exciting innovations, but sometimes the answer is just good old fashioned service levels!

Martin

mpjoakes said...

V good, simple straightforward advice.

If everyone adopted - and stuck - to these 27 points, the industry would have a much better name!


Michael
www.younglondon.co.uk

Martin Smith said...

Thanaks for taking the time to comment Michael, I couldn't agree more!

Martin