Texting is Changing How Real Estate Transacts | Dotloop

11 Eye-Opening Stats About Text Messaging Every Real Estate Agent Should Know

Texting has become the most powerful channel of communication between real estate agents and their clients. This free infographic shows why texting speeds up real estate transactions.

How Texting Accelerates Real Estate Transactions

Texting is not only one of the preferred methods of communication for many home buyers and sellers but it also accelerates real estate transactions and saves deals - specially in a market where homes sell in a matter of hours. The numbers speak for themselves... Take a Look:

 

#1 Texting – the #1 cell phone activity in the U.S.

texting

 

emoji

23 hours/wk. – average time adults spend texting

 

67 texts/day – average exchanged by millennials

 

heavy text users

50+ texts/day – avg. usage per frequent texter

 

98% average text open rate vs…

texting vs email open rate

 

20% average email open rate

 

90 minutes, the average email response time

email is slow

 

text is fast

90 seconds, the average text response time

 

45% average response rate of texts vs…

 

Low open rate

6% average response rate of emails

 

5 seconds – average time in which text messages are read

fast reponse rate

 

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dotloop internal usage metrics | Pew Research | USA Today | Business Insider | Mobile Marketing Watch | SlickText | CTIA | Velocify

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Dotloop’s mobile app has a built-in text messenger that helps you stay compliant and substantially increases your client’s response time while making it easy to share documents.

With our native Messenger, real estate agents get much more than just texting:

  • Share contracts via text
  • Export conversations for compliance
  • Unlimited group-messaging
  • Read receipts
  • Text from desktop
  • Stamping of document edits
  • Import contacts from phone
  • Upload images from phone

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