Net Promoter Score – NPS
How does MRE improve and achieve our path of delivering WOW service?
How do we ensure we are delivering value that matters for all of our clients and team members?
…It has, and always will be about communications and a strong feedback loop!
Evaluation from our key stakeholders is vital to maintaining a superior industry standard. Access to meaningful feedback gives us an understanding of client needs, motivation, attitudes and behavioural drivers, enabling us to rapidly implement strategies for continued improvement across the board – yesterday’s way of doing business is not tomorrow’s way to success.
Thanks to the constructive criticism of our landlords and tenants, we have seen consistent improvement in our award-winning Property Management Department, along with the majority of our Property Managers recording outstanding personal results.
This time last year our overall Landlord NPS result was an exemplary +48, today we have recorded an astonishingly high score of +57 amongst our Landlords. And, in a company record, we managed to buck the industry trend with a Tenant NPS result of +29 satisfaction; a laudable result in such a variable arena.
For context, the range of NPS scores has a range that starts at minus one-hundred (-100) to plus one-hundred (+100). The NPS scores for Amazon, Sony and Disney are +69, +61 and +50, respectively, while the overall industry benchmark for the real estate industry sits at a lowly -35, ensuring MRE’s results are not just good, but firmly in the sphere of delivering world-class excellence.
Noting and classifying every single client comment, we are able to establish certain patterns that allow us to modify, adapt and evolve our services. By acting on NPS data, we can develop professional development pathways, ensuring our property managers are motivated to exceed expectations and deliver the WOW service to which we continually aspire.
More about the Net Promoter Score – https://www.netpromoter.com/know/