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Bank holiday provides ‘prospecting gold mine’ for estate agents – London Wallet

Mark Helprin by Mark Helprin
April 26, 2023
in Real Estate
Bank holiday provides ‘prospecting gold mine’ for estate agents – London Wallet
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Heather Staff

Estate agency prospecting software, Spectre, has found 23% fewer letters are sent in the days leading up to a bank holiday by UK agents and lead to double the amount of conversions.

With agents usually battling for homemovers’ attention, the upcoming bank holidays provide a good opportunity opportunity for agents to engage a captive audience.

Ahead of the busy summer market, homeowners either on the market or thinking of moving are likely to be off work, at home and considering the options available to them.

Heather Staff, co-founder at Spectre, commented: “Seasonality affects the property market in a number of ways, so it’s incredibly insightful to see this latest trend in the data. Agents should make the most of this insight and consider what marketing and prospecting efforts they are undertaking in the run-up to May’s multiple bank holidays.

“Marketing budgets can be tight, so this chance to maximise the potential of your marketing activities should be cherished.”

 




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