Learn Estate Agent Strategies To Improve Conversion & Pipeline Turnover Rates

Nov 8, 2023

As an estate agent, how much revenue have you lost due to conveyancing delays resulting in buyers pulling out of a deal? If you want to reduce your abortive rates while increasing turnover, get in touch with AVRillo Conveyancing today!

How many estate agents does it take to close a property deal? None, it’s all down to the lawyers. Okay, while it might not be funny, we can all appreciate the joke’s underlying fact that most property deals are controlled by lawyers, which means your profit, pipeline and therefore your livelihood as an estate agent is controlled by conveyancers.

That’s why AVRillo Conveyancing’s team of estate agents-turned-lawyers offers their £80,000 extra cash promise to help improve your communications with lawyers and your conversion rates.

Visit https://avrillo.co.uk/contact-form/ for more information.

The firm’s cash promise is a response to recent real estate statistics showing that the current percentage of aborted deals has risen to 37%. It includes resources and advice on areas such as communication with both your clients and lawyers as well as how to reduce the time it takes to close a deal, which can directly impact your income.

As reported by the popular property website Rightmove, the average conversion rate for estate agents in the United Kingdom is currently at an all-time low of 16%. Furthermore, they explain that this figure is directly impacted by the delays in closing property deals caused by lawyers struggling with increasing workloads and economic constraints. To address these issues, AVRillo Conveyancing has released resources to guide you on alternative strategies for reducing your wait times.

The update from the conveyancing firm focuses on the main factors that can cause your buyer to pull out of a property sale, such as incorrect paperwork from lawyers, long wait times for responses from a deal’s participants, and a lack of overall organization. By addressing these areas, the firm provides you with solutions that can directly impact your bottom line by £80,000.

Estate agents who use AVRillo Conveyancing’s resources have seen an average reduction in their abortive rates by up to a third, with their property deals being closed in less than three months. This expedited turnover time is almost half the national average of five months and means estate agents are also turning over their pipeline more frequently and receiving their fees earlier.

Having worked as estate agents themselves, the firm's team of lawyers understands the unique challenges and requirements of your day-to-day work as an estate agent. As such, all the resources are designed specifically to meet and address your needs and the requirements of the industry.

A spokesperson for AVRillo Conveyancing said, “As ex-estate agents, now the UK’s best conveyancers, we’ll work your files like you would want us to: cut to the chase, communicate; don’t sweat the small stuff, offer commercial solutions, chase the chain and talk to you.”

Learn how to improve your pipeline and conversion rates while reducing aborted property deals with AVRillo Conveyancing!

For more information, you can visit https://avrillo.co.uk/contact-form/ where you can arrange a consultation.

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