Combined sales progression and communication tool, mio, is now available to estate agency branches across England and Wales – with a 6 months FREE introductory offer.
The national launch on 20th May 2019 follows mio’s successful debut in Cardiff, as part of an 18-month programme, which has seen the innovative, time-saving tool used by agents accounting for over half of all properties sold*.
mio creates visibility and supports collaboration across the entire chain
With a shared view of the chain, milestone updates and more, mio helps estate agents speed up their transactions, as well as reduce their fall-through rates.
Not only this, but as the mio community continues to expand, estate agents benefit from greater collaboration, and more and more information being pre-populated by other agents and homemovers as the chain progresses towards completion – as Perry Power, Managing Director of Power Bespoke comments:
“mio is hugely valuable. The more you use it, the better it gets. The information shared with the consumer is just enough and not too much. The power is in the simplicity. As part of tmgroup, the team behind mio also has great pedigree with experience in the industry.”
mio also benefits from a consumer app. Available on iOS and Android, homemovers can see the progress of their sale and the status of the chain, as well as communicate directly with their estate agent, as they are used to doing with all manner of businesses and friends through social media.
mio’s first community across Cardiff has grown tremendously in just over a year
Since its introduction in September 2017, mio’s Cardiff community has grown tremendously in just over a year, improving sales progression for estate agents and homemovers alike, as Rachel Jones, Senior Sales Manager at Peter Alan comments:
“mio has been very useful on a day-to-day basis for progressing property transactions, as we can easily see where information is missing or milestones need to be updated – and pick up the phone immediately to the right person. Overall, mio has helped to tighten our business processes and reduce the time it takes for a sale to go through. It makes sales progression a lot easier for us.”
Beyond being positively received, mio has helped to reduce average fall-through rates to 21% compared to the UK average of 33%, whilst speeding up transactions to exchange from 126 days down to 85 days (as measured from September 2017 to April 2019 across the Cardiff mio community of agents).
Jon Horton, Product Director for mio comments:
“To date, mio is being used by over 400 agency branches and this is growing by the week. It is a hugely exciting time for the residential property sector and for estate agents. For too long now, the home moving process has suffered from huge inefficiencies. Every so often, an opportunity presents itself that has the ability to transform things for the benefit of everyone; mio is that opportunity and I am delighted with how forward-thinking agents have embraced it, and how technology has proven itself by helping to reduce the fall-through rate, whilst speeding up transactions to exchange.”
Unsurprisingly, with such impressive results, mio has attracted industry attention. This has led to mio partnering with Reapit (the leading cloud CRM platform for estate agents), being shortlisted in The Negotiator Awards 2018 for ‘Supplier of the Year (Technology) – Apps’, joining Relocation Agent Network as an approved supplier, and receiving endorsements from industry thought-leaders – including a recent appearance on Christopher Watkin’s ‘Question Time’.
Joe Pepper, CEO of tmgroup comments:
“The official launch of our mio sales progression and communication tool for estate agents promises to be a real game-changer in terms of helping us achieve our vision of transforming the property transaction in the UK for the benefit of all.”
Want to become part of the growing mio community?
mio is currently available on a 6 months FREE introductory offer, giving estate agents the opportunity to see the real difference it can make to their business. Contact us today to find out more and claim your 6 months FREE introductory offer. *The mio Cardiff community comprises of agents that accounted for over 50% of all homes sold subject to contract in 2017. From September 2017 to April 2019, the average mio fall-through rate measured 21% (compared to the national average of 33%) and the time from sale agreed to completion measured 86 days (compared to the national average of 126 days reported for 2018).
mio is currently available on a 6 months FREE introductory offer, giving estate agents the opportunity to see the real difference it can make to their business.
Contact us today to find out more and claim your 6 months FREE introductory offer.
*The mio Cardiff community comprises of agents that accounted for over 50% of all homes sold subject to contract in 2017. From September 2017 to April 2019, the average mio fall-through rate measured 21% (compared to the national average of 33%) and the time from sale agreed to completion measured 86 days (compared to the national average of 126 days reported for 2018).