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Lost calls result in loss business for estate agents and property firms

A survey of 3,630 UK companies by audio branding specialist PH Media Group discovered estate agents and property firms leave customers on hold for an average of 30.74 seconds per call.

The firm says this has implications for profitability. Previous research has shown 50% of callers will hang up within 20 seconds if forced to listen to silence while on hold.

‘These results represent a significant challenge for estate agents and could pose a threat to profitability,’ said PH media group sales and marketing director Mark Williamson.

‘Callers are simply unwilling to wait on the end of the line while subjected to silence, poor quality music or beeps so firms are putting themselves at serious risk of losing business. Good call handling is often overlooked as a key sales and marketing tool but the telephone still acts as an important touch point and first impressions count. If each caller enjoys a positive experience, customer service standards will go through the roof,’ he explained.

Of all callers placed on hold, 34% were subjected to silence, a further 26% were made to listen to music, while 26% heard beeps.

The amount of time estate agents placed callers on hold was marginally better than the UK average of 33.48 seconds but hold time isn’t the only consideration for businesses wanting to make a good first impression on callers.

As part of the study, PH Media Group also audited each company, giving them a score out of 100 based on overall call handling practice. Estate agents averaged just 32.

Elements including the time taken to answer a call, the number of tiers a caller experiences before reaching the necessary department, use of consistent voice and music, professional and personalised voicemail and out of hours messaging were weighted to reflect their importance.

‘Good customer service is paramount for any business so it is important to evaluate all aspects of call handling to ensure calls are dealt with appropriately. Inevitably, not every call will be answered within a matter of seconds, so when callers do need to be placed on hold for any length of time, informative and entertaining audio messages can help to maintain their attention and decrease perceived waiting time,’ said Williamson.

‘Brand congruent voice and music are also vital in order to present customers with a consistent image of the company, reinforcing brand values and establishing a reassuring, coherent presence,’ he added.

Sign makers came out worst from the research, leaving their callers on the line for 72.64 seconds in an average call, while garden centres performed best, logging an average time of just 17.44 seconds.

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