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Understanding the Competition

chris.laws

Created on June 17, 2021

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Transcript

Understanding the Competition

Understanding The Competition

THE COMPETITION - Property

It is essential that you understand the property market place and have knowledge of what urbanbubble offer and what the competition in our area are offering including their, deals, facilities, service and prices. By knowing what is available elsewhere you can understand the best ways to sell and recommend our properties.

urbanbubble produce a regular city report for each of the locations of our properties. These reports give a breakdown of the average prices, demographics, and how the property market is performing.

Click the information icon above to take you to the urbanbubble City Report for your city.

Mystery Shopping

Create Your Competitor Guide

  • Use the Mystery Shopping work sheet found at the end of this course to help guide you through mystery shopping of up to 4 competitors, score and report them on their facilities, response times and the quality of the customer service (viewing) Discuss their positives and negatives what they do differently with your line manager. Send a copy of your mystery shopping report to ed.howe@urbanbubble.co.uk for use with upcoming reports.
  • Read the City Report and discus with your line manager any points of interest that you have noticed
  • Use Rightmove to conduct a price and service comparison
  • Is the website clear and inviting?
  • How long did it take before they called/emailed you back ?
  • Was the correspondence professional?
  • Were the FOH friendly and inviting?
  • Was the letting team individual friendly and dressed professionally?
  • Have the Letting Team followed up on your viewing?