Why Doing Nothing Is the Most Dangerous Competitor in Estate & Letting Agency
Leads Go Cold When You Donโt Follow Up Fast Enough
Let me be quite frank. It feels good when you get a new lead, right? That little buzz when someone fills out a valuation request or drops you a message saying theyโre โthinking about moving.โ
But herein lies the problem. If youโre not following up in a quick, strategic and conscientious manner, those leads can go cold before youโve even had a chance to say hello.
๐ก Most leads arenโt lost to another agent. Theyโre lost to hesitation and silence.
Without a strategic plan, you’re letting potential instructions fizzle out โ quietly and invisibly.
Not Taking Action Is Costing You More Than You Think
Doing nothing might feel safe, but itโs seriously expensive.
Youโre not just losing leads โ youโre missing out on thousands in commission from people who almost moved, but didnโt. Not because they found someone elseโฆ but because no one gave them a reason to move forward.
๐ Multiply 10โ20 of those โmaybeโ leads per year, and thatโs a lot of silent revenue slipping away.
The Real Competition Isnโt Another Agent โ Itโs Inaction
While youโre watching what the other agents are doing โ fees, boards, flashy listings โ your real threat is much quieter:
Itโs the owners who wanted to moveโฆ and then didnโt. It’s the investors who wanted to buy and then don’t.
Maybe they got nervous about the market
Maybe they werenโt quite ready
Maybe they forgot about you
๐คท No reply doesnโt mean no interest. It means they need help deciding.
Thatโs where you come in.
The Simple Fix โ Show Up, Add Value, Stay Top of Mind
Beating inaction isnโt about big gestures โ itโs about small, smart, consistent actions that keep you in the game.
Build a Follow-Up Flow That Doesnโt Rely on Memory
Automated emails, reminders, and lead tracking take the pressure off and keep you connected โ even when things get busy.
โ๏ธ Example: โWe saw you last year and just wanted to let you know, house prices have risen 2% in your postcode. No. 24 sold for xxx,xxx and we are seeing strong demand amongst first buyers. Were you still thinking of moving?โ
Step 2 โ Keep Showing Up Without Being a Nuisance
Donโt sell. Just show up with helpful info.
Try sending:
Local property updates
- Property Factoids
A โhow to prepare your homeโ guide
- A “real cost of selling’ guide
A quick note on recent sales in their area
- An opinion piece on legislative changes
๐ Every helpful touch keeps you top of mind.
Step 3 โ Revisit Your โGone Quietโ List Every Month
Old leads arenโt dead leads โ theyโre just waiting.
Pull up 5โ10 contacts every month and drop them a friendly check-in. Many just need a little push.
Conclusion โ Youโre Not Just Competing With Other Agents
Youโre competing with uncertainty. With hesitation. With silence.
But when you have the right system in place, you stop losing leads to โmaybe laterโ โ and start turning them into instructions.
So, knowing that not engaging with potential customers in the right way is one thing, but actually making changes and reaping those rewards is another. But don't worry - we're here to help.
I want to take you on a journey . . .
I want to change the property market and make it more effective at actually moving people.
We provide advanced digital marketing products for property professionals looking to leverage techology and provide a better experience for their clients.
We create content in multiple formats. Each designed to be consumed by the right people at the right time. We want your clients to make informed decisions.
We are on a mission to help you get more clients and deliver more to your communities.