Sunday, 15 June 2008

Estate agents advised to get tough!

ATTENTION ESTATE AGENTS!

It's widely acknowledged that these are tough times for estate agents and the global economy.
After consultation with many of our estate agent clients, we're advising along the following lines;

  1. Consolidate your advertising costs (reduce print ad sizes, haggle for better rates, come out of some publications all together such as hotproperty, fish4homes etc)
  2. Rotate your window displays weekly
  3. Keep your websites up to date
  4. Take fresh photos of existing properties in your portfolio and make your write-ups as interesting as possible
  5. Consider broadcast email marketing to attract new business
  6. Make sure your website has high 'local' search engine visibility
  7. Send out touting letters regularly pushing alternative services such as lettings or financial advice
  8. Become an authority in your area (conduct local market research and publish the results on your blog) It's about keeping an open dialogue with your customers).
  9. Use this quite time to re-evaluate your business model, for staff training exercises and staff evaluation. Changing the way you do business, terms and conditions and staffing; trimming the fat, whilst maintaining a lean and mean sales team.
The general consensus is "It's time to batten down the hatches and get back to basics" No one really knows how long the storm will last.

Assuring you of our best attention at all times,
HotPropertyWebsites.co.uk

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4 Comments:

Anonymous http://tinyurl.com/upmystreet said...

Estate agents - heroes or villains?
A Which? survey uncovered that nine out of ten people don't trust estate agents. Click http://tinyurl.com/upmystreet to share your experiences of using an estate agent.

25 August 2008 00:14  
Anonymous expertbusinesssource.com said...

Cost Cutting — even in lean times can be counter productive. According to Dr. Joe Webb, director of WhatTheyThink’s Economics and Research Center believes "Cost Cutting is a Downhill Street with a Cliff at the End". Read more: http://www.expertbusinesssource.com/blog/1740000374/post/590031059.html

7 September 2008 20:31  
Anonymous Property Marketing Agency said...

Looking for a hot marketing agency to create innovative marketing campaigns for your estate agency, property development, private sale, commercial property, land or overseas properties? Simply call us on 08700.205.805 or choose a marketing service.

6 March 2009 21:45  
Anonymous THE TIMES 18/04/09 said...

Small businesses dig deep for credit as banks fail to lend in recession - THE TIMES 18/04/09

22 April 2009 17:27  

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