Industry revenue from the UK housing market is expected to grow in 2017-18, which means the future looks bright for the 20,732 businesses in the estate agency and property letting sector. In fact, despite a tougher time for anyone buying a property in recent years, estate agencies have enjoyed steady growth. Business recovery in the UK has brought with it healthy revenue from non-residential property sales and rentals, for example.
This makes it an attractive option for anyone considering becoming their own boss and opening up an office – or even a cluster of offices – to provide estate agency or property letting services. However, though the profits from successful property sales and lettings can be excellent, this is a sector that holds no guarantees. When you have invested a lot of money in a new estate agency venture and property “sticks” while costs are still running up, it can be a stressful and risky enterprise.
This is when it makes huge sense to start a new estate agency office or offices under the umbrella of an established brand. Apart from the value of instant recognition and trust from venders and buyers, an estate agency franchise offers training, technical support and business management help that can be the key to surviving the first crucial months.
What estate agency franchises are currently available? Well known company Town & Country is hunting for people with acumen and ambition to form a mutually beneficial partnership, as are Century 21 UK, Agency Express and Open House. Home Xperts and Good Estate Agency are two other companies now recruiting new franchisees. Property letting franchisor Belvoir is an award winner, with around 200 branches nationwide.
To track down an estate agency franchise you can be “sold” on, contact us right away so you can move in to your dream partnership as quickly as possible.