Challenge
Why real estate agencies lose deals before they start
Real estate leads are expensive. Zillow Premier Agent leads cost $20 to $100 or more each. Referral leads from portals run $25 to $50 per contact. At those prices, every missed call or slow response is a direct loss.
78% of buyers go with the first agent who responds. In a market where consumers contact an average of 2.6 agents before buying, being first is not an advantage. It is the entire game.
- The average real estate agent takes 15.4 hours to return a web inquiry.
- 44% of real estate inquiries arrive outside standard business hours.
- 67% of callers sent to voicemail do not leave a message.
- Response rates drop by 400% after the first five minutes.