Ronnie And the team are celebrating this month after the best month the branch has ever had in its 5 year history, in the month of September with over 29 applications, over 30 new property instructions and the highest ever branch income to date.
Many people are looking at buying letting agency’s at the moment, it has become the norm for my branches to receive a touting letter every week, asking us to sell our businesses, so why is this?
When looking at how to sell your letting agency, your baby that you have created, built and nurtured for many years, there are many things to consider. It’s not an easy decision...
You have made the big step, got going with your letting agency business, spent time developing your brand, putting staff in place and creating systems, so why on earth would you now consider joining a property franchise group?
All letting agents know that building a letting agency from scratch is hard, very, very hard, when you first start and no-one knows who you are, it’s like pushing a broken down car uphill, and many give up before they get to the top of the hill, so why is this?
You’ve made it, you have made your first few landlord appraisals, you have challenged the fear of your first few calls or networking events or even got some results from your adverts, but to make this work you need MORE leads, more calls, more landlords, what do you do next? How do you scale this up?
You have a dream, your focused and ready, nothing can stop you, you are going to change the face of the lettings industry forever... BUT
Licensing affects not just myself and landlords in Liverpool, but others across the country as more and more local authorities will adopt such schemes, once they realise how much money can be generated from it!
Karen Bowe, experienced franchisee of Birmingham South West, moves to a new roll at HQ Concentric...
When you buy into a franchise you expect training, in fact this is probably one of the main reasons you buy a franchise, you are expecting to find out all about running the business of your choice, the technical knowhow, systems and support along the way, but the team at Concentric have decided to take things to a whole new level.
The team at Concentric Franchise have taken over the PHP Lettings Franchise Network, after lengthy negotiations the deal was finally completed and the integration has begun.
It only seems like yesterday, but it was 2 years ago that the Concentric Sales & Lettings Franchise Brand decided to set up a sales & Lettings Agency in a tiny village of just 3000 homes... that’s right 3000 homes…
Sometimes the impression people have of a franchise is that the franchisor makes all the rules and the franchisees must obey, but here we have one story that shows that sometimes it’s the other way around!
So you’ve decided you want to buy a property franchise and you are looking at the options available to you, you could go for one of the big brands and get the national recognition, or go for one of the smaller brands and get the personal support you feel you need, but which is better?
Having worked for Estate and Letting agents for many years, mainly independents and then setting up my own through a franchise group, I thought it might be useful for me to share my thoughts on the differences.
SEO has become a bit of a dirty word within the ranks of Google and ... are trying to stop web specialists from improving the rankings of websites falsely, so what are we agents to do to drive traffic to our websites now?
Sally Lawson, CEO Concentric Sales & Lettings Franchisor, discusses the Immigration Act 2014, requiring landlords/agents to report the immigration status of tenants and occupiers of their properties. The Home Office trial, which affects parts of the West Midlands, commences 1st December, and includes financial penalties if verifiabe checks are not documented and the tenant is found to be in the UK illegally.
Sally Lawson, MD of Concentric Franchise gets welcomed onto the Board of ARLA (The Association of Residential Letting Agents)
The Concentric Lettings Franchise is celebrating this month as their owner/MD joins the coveted position of board member of the nationally recognised regulatory body for Letting agents
Award winning Concentric Franchisee, Steven Latham is using his experience and influence within the local property market to stand on behalf of landlords and agents in his local area to fight against the proposed mandatory licensing being proposed by Liverpool council on ALL rented properties in his area.
Cathryn Hayes of HSBC, who specialises in funding franchises, gives 5 top tips on gaining finance for a franchise purchase, with a full and frank overview on how to present your business plan and how to choose a franchise and what to look for in your assessment of the various brands available on the market today.
Going into a new business is always a daunting task. You’ve got all your equipment, your premises, your team, your posters and leaflets all lined up and ready to go. The one thing you don’t yet have is paying clients. Funnily enough gaining clients is a rather important part of your business so here is your first problem to fix. So how do you go about getting customers in the new connected age?
People like talking about ‘Profits’. How much they are going to make or how much they have already made! Yes this is hugely important because you don’t want to be running a loss making business. However, what is even more important is the answer to the question ‘Do you have enough cash to pay your bills
There are a few things you need to consider when setting up
a letting agency. Firstly it is phenomenally more complicated than you can ever
imagine, there is loads to learn and there will be lots more to do than you
If you’re reading this then you’re at least interested in exploring the possibility of investing in a franchise. The decision to become a franchisee is not an easy one and the necessary research to decide if its right for you will take some time. Making that decision, however, does not mark the end of the deliberations – you now find yourself in the difficult position of trying to choose from the myriad businesses on offer!
Starting a business by way of a franchise is becoming more and more popular. People from all sorts of backgrounds are attracted to it and their circumstances can vary tremendously, as well as their motivation for doing so. So what is the attitude of the banks to this type of enterprise?
When you first start talking about setting up a letting agency business, people are quick to tell you the good bits, but not the real important bits. Leading expert Sally Lawson with over 20 years experience shares all the key points you need to make sure you get covered before you start.