setting up an Estate Agency

Ukproperty · #1 13th June 2007, 16:26

Hi,

I'm looking to set up an Estate agency to sell residential properties in England, can anyone tell me the process in which I can do this.

thanks in advance

estwig · #2 13th June 2007, 18:28

Doh, easy one!!!!

Find people who want sell their houses, sell them for them and charge a commission.

da8iwr · #3 13th June 2007, 18:33

I started this thread a few weeks ago of almost the same question.

http://www.ukbusinessforums.co.uk/fo...ad.php?t=35730

da8iwr · #4 13th June 2007, 18:43

Also if your interested i have made dozens of simple websites for estate agents using our own website system
http://www.newworlddesigns.co.uk/simpleproperty/

But we also make quite huge property systems for the larger agents..

Not that I'm hijacking this thread or anything he-he
Regards
Ian

Ukproperty · #5 13th June 2007, 19:16

What I mean is the legal process, I currently have a business in Ireland and I'm looking into the possibilities of setting up an estate agency in England. Once I have a registered English company what do I have to do to become a registered estate agent?

In some countries there can be strict rules and regulations around the real estate business and there is a long process involved, is this true for England!

Regards

da8iwr · #6 13th June 2007, 19:26

As far as i have gathered reading reports on other sites screaming for estate agents to be licenced or registered in some way, there is no rules, legislation's or laws that they have to abide by.

But nothing is stopping from that changing in the future, which means if you do start trading now and then it changes, you may have to cease trading until your become qualified to what ever they say.

There is an organisation called National Association of Estate Agents
http://www.naea.co.uk/
Which has lots of info. Most is just trying to get you to register with them and buy one of their courses, so i would take a bit with a pinch of salt.

Lorna · #7 14th June 2007, 16:49

There are no official rules or regulations in this country (and that is part of the problem!) If you are a member of the NAEA or join the ombudsman it will look better and gives people more confidence.

Shouldn't really give you advice though - I run a website for private property sales!

estwig · #8 14th June 2007, 18:22

Two keys points for being a successful estate agent are, you must have a......

Fin sticking out of your back and small black beady eyes!!!!!

cyberduck · #9 30th July 2007, 10:14

We recently developed a website for Greenstone estate agents in st johns wood. The new Website provides interactive map results which is something that more and more property punters like to see when browsing through property websites. You should also have a marketing plan on the internet. Before the Website you probably need a business plan, shop, staff etc'

Good luck

FocusZenith · #10 30th July 2007, 10:37

I agree with CyberDuck, by having a GIS map showing the locations of different types of houses gives buyers more flexibility, especially if they can search for the properties that suit their requirements. I think that MapPoint is a good piece of software for this.