CINC Announces Historic Results for Q2 2020

MARIETTA, GA., June 26, 2020 – CINC (www.cincpro.com), the number one lead generation and conversion platform for elite agents and teams, today announced it is finishing a historic quarter in Q2 2020 with impressive results. While the COVID-19 crisis created uncertainty across the real estate industry, CINC stood by its clients and quickly expanded its product, technology, and service offering(s). This allowed CINC to better serve the agent and achieve historic results for KPIs across the company.

These projected results include:

  • New clients: CINC is projected to achieve a record sales quarter – the best in company history – in Q2, expanding across markets all over North America.
  • Client satisfaction and service level: On track to see the highest client satisfaction and retention rate in company history. CINC’s response time, increased number of conversations, additional webinars, and virtual events have all expanded the expert-level support all CINC clients receive.
  • Decreased cost per lead: Already offering the lowest cost per lead in the industry, CINC’s homebuyer cost per lead has decreased 47% year over year in Q2.
  • Increased consumer app downloads: With home search traffic on the rise, CINC will see over 35k downloads of its consumer search app, Etta, in Q2 2020. Monthly active users on the app have also increased by 30% throughout the quarter.

“I could not be prouder of our team and clients,” says Alvaro Erize, CEO, CINC. “Through these very uncertain times, and with the added difficulty of remote work, CINC’s team doubled down on its family and obtained exceptional results. Expanded service hours, accelerated innovation, and unprecedented connectivity of our community was only possible because of the unfaltering dedication of a team committed to client success.” He continues, “We have also seen our clients power through adversity, turning challenges into opportunity. Client activity flourished in April and May which, combined with soaring telephone contact rates, has now resulted in record client engagement in June and one of the strongest pipelines in history. Because of this, our client community is poised to significantly increase their market share in 2020.”

CINC, the leader in real estate lead generation, generates leads across platforms including Google, Facebook, and Instagram, all of which are seeing their best quarter in company history. With a 47% decrease in cost per lead year over year, CINC clients are now receiving almost double the number of leads for the same advertising cost, boosting their pipelines and allowing them to capitalize on this opportunity.

Projected lead generation results include:

  • Over 1.4 million leads generated
  • An average cost per lead of $2.97 across all markets

“We’re having more conversations across the industry, and we’re seeing the demand for our technology be at the highest it’s ever been,” says Matt Hart, VP of Sales, CINC. “People are realizing, as everything moves virtual, they need a real technology partner with staying power to help their business grow.”

About CINC
CINC is the number one lead generation and conversion platform for elite agents, teams, and brokers across North America. The solution includes a consumer-facing website, a CRM platform with personalized and behavioral follow up tools, 3 mobile apps for clients to run their business on the go, and an unrivaled community of 50k+ agents. Founded in Marietta, GA in 2011, and acquired by Fidelity National Financial in 2016, CINC continues to power the growth of real estate professionals at every level. For more about CINC, visit cincpro.com.

Press Contact
Jordan Fisher
Corporate Marketing Manager
jordan.fisher@cincpro.com

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