What Estate Agents Should Do After a Market Appraisal
You've completed the market appraisal. You've demonstrated why you're the right estate agent to sell the property, explained your marketing strategy and hopefully asked the homeowner for their business.
But what happens if they don't instruct you there and then?
For many estate agents, this is where the process starts to fall apart. They leave the property, return to the office and wait for the homeowner to make a decision. Unfortunately, while they're waiting, another estate agent is often working hard to win the instruction.
The period immediately after a market appraisal can be just as important as the appointment itself.
If a homeowner doesn't instruct you immediately, the first thing you should do is understand why. Every unsuccessful market appraisal is an opportunity to improve your process.
Imagine, for example, that you reach the end of a fantastic valuation appointment and the homeowner says, "Thanks for coming. I'll speak to my wife and get back to you after the weekend."
It would be easy to accept this and leave.
But the problem may have started before you even arrived.
If two people own the property and both are involved in the decision to sell, ideally both should have been present at the market appraisal. That means the opportunity to improve your conversion rate may actually sit within your appointment-booking process.
When arranging future valuations, asking whether all decision-makers can attend could give you a much better chance of winning the instruction during the appointment itself.
This is why reviewing your estate agency processes is so important. Look at what happens when you win an instruction and, perhaps more importantly, what happens when you don't.
Over time, you can remove friction from the process and create a system that works more often than it fails.
Of course, even with an excellent system, not every homeowner will instruct you immediately. Some sellers genuinely want time to think. Others may have additional estate agents coming to value their property.
That's completely normal.
But it doesn't mean your opportunity has disappeared.
In fact, this is where great estate agent market appraisal follow-up can make an enormous difference.
During your valuation presentation, you've probably spoken about the exceptional personal service homeowners can expect if they choose your agency. Your follow-up is your first opportunity to prove that this isn't just something you say during a sales presentation.
It's something you actually deliver.
Many homeowners invite multiple estate agents to value their property before deciding who to instruct. Your objective should therefore be simple: make sure you're memorable.
Ideally, you want to be one of the first agents the homeowner interacts with and one of the last agents they remember before making their decision.
One way to achieve this is with a personalised post-market appraisal letter.
After leaving the appointment, prepare a short letter summarising the key points discussed during your conversation. Then, rather than simply sending a generic email, consider hand-delivering it to the property.
Yes, it requires more effort.
That's precisely why it can work.
If every other estate agent sends an automated email while you personally return with useful information tailored specifically to the homeowner, you've immediately demonstrated the level of service they can expect from you.
More importantly, returning to the property creates another opportunity to have a conversation.
Perhaps the homeowner wanted to meet the other agents before making a decision. By the time you return, those appointments may have already happened.
You now have another opportunity to ask for the business.
The key, however, is not to follow up simply for the sake of following up. The best estate agents look for opportunities to add genuine value.
Think carefully about what the homeowner told you during the market appraisal.
Perhaps they're selling because they want to move into a bungalow, but they've struggled to find anything suitable in their preferred area.
A proactive estate agent doesn't simply say, "Keep checking the property portals."
They try to help.
You might research properties that were previously listed but later withdrawn from the market. You could identify homes that match the seller's requirements and investigate whether any of those owners might consider selling.
You could then include that research when you return with your post-market appraisal information.
Imagine the difference from the homeowner's perspective.
One estate agent visited, gave them a valuation and left.
You visited, gave them a valuation, listened carefully to what they wanted to achieve and then returned with potential solutions to one of their biggest problems.
Who do you think they're more likely to remember?
This is where estate agents can create a significant competitive advantage without necessarily spending more money on marketing.
Sometimes, winning more instructions isn't about having the biggest advertising budget or the most expensive technology. It's about paying attention and doing the small things that competitors can't be bothered to do.
The post-market appraisal stage is one of those opportunities.
You should also use this follow-up to move the conversation forward.
If the homeowner is ready to instruct you, fantastic. Get the process underway.
If they're still not ready, don't leave the next interaction open-ended.
Agree exactly when you'll speak again.
Rather than saying, "Give me a call when you've decided," establish a clear next step. It could be as simple as confirming that you'll speak on Monday afternoon after they've had the weekend to think.
This gives both sides clarity and prevents promising opportunities from disappearing into an endless cycle of unanswered calls and vague follow-ups.
The wider lesson here is that a market appraisal doesn't finish when you walk through the homeowner's front door.
Your follow-up is part of the appointment.
Every stage should lead naturally towards the next, from generating the initial lead and booking the valuation to delivering your presentation, asking for the instruction and following up afterwards.
When a homeowner doesn't instruct you immediately, don't automatically treat the valuation as lost.
Ask yourself what you can do next.
Can you provide useful information? Can you solve a problem they mentioned? Can you demonstrate the personal service you promised? Can you give them another reason to choose you?
Most importantly, can you ask for the business again?
Estate agency is competitive, and homeowners often have several perfectly capable agents to choose from. The difference between winning and losing an instruction can come down to what happens after everyone else has left.
Don't simply complete the market appraisal and wait.
Follow up. Add value. Be proactive. Stay memorable.
And when the opportunity presents itself, ask for the business again.
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