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Unanswered calls are costing real estate agents closings
Agents can lose about $16,000 a month when 10 leads go unanswered and 20% would have converted, at $8,000 per closing.
Ask any real estate agent what threatens their business, and they’ll mention market slowdowns, rising interest rates or fierce competition from other agents. Rarely will they mention the one problem that quietly costs them commissions every single week — unanswered phone calls and slow response times.
The painful truth is that agents can run solid This isn’t just about buyers either. A homeowner thinking about You’re a one-person operation — or close to it. Many agents don’t have a dedicated admin or assistant. When you’re managing marketing, client communication, paperwork, and prospecting on your own, response time is the first thing to suffer.
Putting a dollar figure on it
In real estate, the cost of a missed lead isn’t $300 or $400 — it’s a full commission. Let’s look at what that really means:
● 10 missed or ignored leads per month
● 20% conversion rate if properly followed up
● $8,000 average commission per closed deal
That’s 2 lost deals per month — roughly $16,000 in missed commission — every single month.
And that’s before factoring in 3. They Have a Lead Follow-Up System
A good lead without follow-up is a wasted lead. The best agents have a defined process: who gets contacted, when, through which channel, and with what message. Whether it’s a CRM with automated reminders or a simple but consistent manual process, the discipline of follow-up is what separates agents who struggle from those who thrive.
4. They Use Technology to Stay Present
Every unanswered call or ignored inquiry is a commission that went to someone else. The good news is that’s entirely within your power to change.
Seth Schumann is the Owner of Visionary Path AI, helping service businesses like real estate agencies capture more leads and grow revenue using AI-powered solutions.
This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners.
To contact the editor responsible for this piece: [email protected]
Source Reference
Originally published by Seth Schumann
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