The 20-Point Proptech Marketplace Checklist
Like it or not, the real estate industry is digitally transforming, and leading marketplaces are seeking to update and modernise their offerings. Can proptech save businesses from the persistent challenges that hinder growth and advertiser retention?
To stay ahead, here are 20 critical questions every real estate marketplace should be asking itself:
Advertiser Retention & ROI:
For marketplaces, retaining advertisers and demonstrating a clear return on investment are key for the sustained success of any real estate marketplace.
1. How effectively are we demonstrating ROI to our advertisers (agents, landlords, developers)?
2. What tools do we provide for advertisers to track their lead volume and quality?
3. What strategies can we implement to increase repeat bookings and long-term subscriptions?
4. Is our lead attribution system transparent and accurate for advertisers?
Lead Quality & Integrity
Optimising lead quality and maintaining data integrity are crucial for building trust in marketplaces and delivering value to advertisers.
5. Do we have real-time validation processes for inquiries to prevent lead fraud?
6. Is our user experience designed to encourage serious inquiries over low-effort contact?
7. How can we reduce the burden of manual lead verification for our advertisers?
User-to-Advertiser Matching & UX
Effective matching between users and advertisers, alongside a seamless user experience, is vital for real estate marketplace success. Intuitive search, relevant ranking, and personalised journeys optimise engagement and conversion:
8. How are we personalising the user journey to improve matches between users and advertisers?
9. What is our current click-through rate on listings, and how can we improve it?
10. What are the common reasons for high bounce rates on our listings?
Advertiser Differentiation & Value
Helping advertisers stand out and articulate their unique value is essential for a thriving marketplace:
11. What premium features or upsell packages do we offer to help advertisers stand out?
12. Are there clear advantages or tools for professional users to showcase their brand?
13. How are we empowering advertisers to improve their listings beyond just lowering prices?
Conversion & User Experience
Streamlining the conversion funnel and enhancing the overall user experience are critical for marketplace growth:
14. Where are users dropping off in the conversion funnel (e.g., viewing to inquiry)?
15. Are our calls to action (CTAs) clear and compelling on every listing?
16. How seamlessly do our messaging and contact tools integrate into the user journey?
Addressing Cross-Segment Complexity
Successfully addressing the varied requirements of a diverse user base is essential for marketplace longevity and growth.
17. Are we adequately balancing the distinct needs of renters, buyers, agents, and developers?
18. What proprietary data and automation tools are we using to create personalised customer journeys at scale? at the end and renumber the rest.
19. Have we moved beyond a “one-size-fits-all” interface to cater to different user Audiences?
20. How are we customising our features and experiences to align with the unique motivations and search behaviours of each segment?
By answering these questions and acting on the insights, real estate marketplaces can create stronger, more effective platforms that genuinely meet the diverse needs of their users and advertisers, promote brand loyalty and achieve sustained growth.
At Kaisa we help the leading European automotive and real estate businesses transform life’s most important purchases into exceptional customer experiences with;
• Lead scoring and predictive analytics
• Contextual customer data
• Automated engagement and re-engagement tools
• Audience segmentation
• Lead nurture and messaging sequences
• Customer journey orchestration Dashboard and reporting features
• Integration capabilities with CRM and data sources
• AI voice agents