Coast To Castle is a new estate agency based on the Isle of Wight and has reported that it has doubled its agency revenue in the first month following onboarding with the WeCOMPLETE platform. The independent, family-owned estate agency led by husband and wife team, David and Laura Priddle, while relatively new to the island they’re not new to estate agency after 16 years working for a corporate estate agency.
2020 has been no easy time for a new agency to thrive and with an existing monthly revenue of £5,000, Coast to Castle was keen to improve the speed of its sales progressions in order to realise fees more quickly and continue the rapid growth of the business.
After establishing that 90% of their buyers were from the mainland, the pair sought out technology that would facilitate simpler and faster remote collaboration between estate agents, legal teams, buyers and sellers.
‘We looked to technology to assist with our completion progression, and WeCOMPLETE not only keeps all parties informed but actively speeds up the completion process meaning we can realise our fees quicker’ says David. ‘We’re now able to provide conveyancing quotes online www.coasttocastle.com, and not just to our sellers and buyers but also to anyone who has enquired about a property and is in our database or simply visited our website. Even having two quotes accepted by customers who are selling with a large online agency.’
Coast To Castle saw over £6000 in new revenue driven by the WeCOMPLETE platform, £1800 of which was in its first week following onboarding. ‘It has given us the tools we need to thrive not just on the island but for us to offer additional services to the whole of England and Wales.’ Laura adds.
WeCOMPLETE the property completion platform that promised to increase agents’ revenue while eliminating referral fees has onboarded estate agents and legal teams nationwide. ‘We have found the industry has embraced the platform in challenging times, automating not one but all stages of the completion process removing both, slow and labour-intensive elements. Most importantly estate agents and legal teams can use their experience and expertise in areas that it’s needed, not on the phone chasing for updates’ says Daniel Bell, a director of WeCOMPLETE. ‘Whether it’s residential, commercial, resale, right to buy or any other transaction we have a fully flexible workflow and not only could the system do it; it is doing it, handling wonderfully complicated and unique transactions.’
Coast To Castle are among good company as estate agents look to technology in these challenging times. To learn more how your estate agency can be Powered by WeCOMPLETE check out the Estate Agents section of our website.