Get referral fees for additional services, and with Compliance client charging you can offer a unique service to your clients.
Our client dashboard is designed to help you and your clients get the most out of the onboarding journey and maximise referrals for additional services.
For all agents who use our Compliance and Legal Preparation modules, our onboarding specialists are on hand to help you maximise uptake even further. We offer a welcome call to all clients, giving them advice on the onboarding process and what to expect. With additional follow-ups, we’ll encourage them to take up any additional services they need, ensuring you get the most out of potential referral fees.
More and more agents are choosing to charge clients for AML and Identity Verification, with average fees of £20 per check, you can change a cost to you to a new income stream.
Compliance
Maximise your conveyancing referral income from both your local Conveyancers or movebutler Managed Conveyancers with the client dashboard. Your chosen conveyancers are presented to every onboarded client, meaning you never miss an opportunity to quote.
Conveyancing
Additional referral fees are available when your buyers complete a Survey offered through movebutler. Allowing you to add revenue to your onboarding process and help speed up the sales process
Surveys
| Bundle* | Cost | Credits | Effective rate for Full Biometric ID checks |
|---|---|---|---|
| 1 | £50 | 178 | £4.21 |
| 2 | £100 | 373 | £4.03 |
| 3 | £200 | 810 | £3.70 |
| 4 | £300 | 1,239 | £3.63 |
| 5 | £500 | 2,228 | £3.37 |
| 6 | £1,000 | 5,063 | £2.96 |
| 7 | £1,500 | 7,898 | £2.85 |
| 8 | £2,500 | 14,175 | £2.65 |
| 9 | £4,000 | 24,300 | £2.47 |
| 10 | £5,000 | 36,450 | £2.06 |
With movebutler, you can charge for clients for Compliance checks, or offer them free as a value-added service.
If you’re charging clients, you’ll pay a fixed rate for the checks, and then any margin will come straight back to you.
If you’re offering it free to clients, it works on a credit system with bundle offers, meaning the more you buy the more you save!
Over 2,000 Estate Agents branches are already using movebutler to digitise onboarding and Legal Preparation. Join them today!
*Credit bundles are subject to change.
Today’s consumers are looking for great service and expertise from their Estate Agents, and with increasing legislation it is important that advice is impartial, balanced, and always in the consumers.
“iamproperty are a brilliant resource to have – very knowledgeable, very supportive and they can add extra revenue to your business”
The National Trading Standards Estate and Letting Agents (NTSELAT) recently led a consultation on “material information” and with it coming to a close, implications for the industry are a hot topic.
*movebutler revenue: Compliance: £20 client charge – £3.80 cost for Identity Verification, x 2 buyers and sellers per transaction. Conveyancing: 70% penetration rate with an average of £160 Referral Fee. Surveys: 30% penetration rate with an average of £40.88 Referral Fee.
movebutler admin hours saved: Time-saving of 124 minutes per transaction (average 30 minutes per buyer/seller for onboarding + additional 32 minutes per customer on offering/chasing/following up secondary services) – averages taken from iamproperty survey of 475 Agents, 2020.
iamsold Monthly earning potential: Penetration rate of 7.5% at an average fee of £5,438 (based on agent share of an average UK selling price)
iamsold completion days saved: Penetration rate of 7.5%, Private Treaty 120 days vs 56 days for MMoA.
