D
Deleted member 348872
- Original Poster
- #1
Any estate agents on here? I have a few questions i'd like to ask for a startup idea.
Having worked in a business supplying estate agents for a number of years now the trend seems to be get on board with one of the American style hybrid franchises - eXp, Keller Williams etc - for a few years, and use that as a springboard to either get into one of the more serious UK franchises - Hunters, Haart etc- or set up as an independent.
The sad fact is that of those that shell out to the American franchises only about 20% have enough capital and marketing nowse - let alone the people and admin skills - to survive more than a couple of years.
Happy to answer any questions OP may have - fire away
The sad fact is that of those that shell out to the American franchises only about 20% have enough capital and marketing nowse - let alone the people and admin skills - to survive more than a couple of years.
Happy to answer any questions OP may have - fire away
Upvote
0
Would be interesting to know what the questions are. Having spoken recently to our local agent here the biggest issue is actual finding houses to have on the books so few come to market they seem to survive on the management of rental properties for clients.
Upvote
0
We have a few near us. It seems to be all we have are barbers and estate agents.
I would break them up in to 3 groups:
Been around forever and have a good reputation,
Been around local areas and have a good reputation and now moving into the new area,
New and undercut the others.
The last ones are slated by the long standing agents as they are basically having to sell about 3x as many houses to have the same turnover. But their offices are outside of the main centre so rent is no doubt cheaper.
But I suppose none of that answers your question, just me rambling on.
As a broker though, I would say agents fall into 2 categories, its the same list as santas.
I would break them up in to 3 groups:
Been around forever and have a good reputation,
Been around local areas and have a good reputation and now moving into the new area,
New and undercut the others.
The last ones are slated by the long standing agents as they are basically having to sell about 3x as many houses to have the same turnover. But their offices are outside of the main centre so rent is no doubt cheaper.
But I suppose none of that answers your question, just me rambling on.
As a broker though, I would say agents fall into 2 categories, its the same list as santas.
Upvote
0
Latest Articles
-
90,000 jobs are heading your way. Your rates bill might get there firstIf you run a business in Manchester, Birmingham, Leeds or Bristol, you were probably told some...- Ozzy
- Updated:
- 8 min read
-
How to Price a New Product or Service: We Asked UKBFOn 5 August, @Data Swami posted in the General Business Forum with a question that ought to have...
- Ozzy
- Updated:
- 7 min read
-
70 years of director bans in six months: Companies House has stopped asking nicelyCompanies House published a release on August 6th 2026 that every company director should read...
- Ozzy
- Updated:
- 7 min read
-
MTD for Income Tax: your first quarterly update is due 7 August.If you are a sole trader or landlord and your gross income from self-employment and property was...- maka
- Updated:
- 4 min read
-
Andy Burnham's Manifesto for Small Business, and How It Stacks Up Against Count BinfaceIf all goes to plan (or rather, to Labour's timetable), Andy Burnham will be sworn in as Prime...
- Ozzy
- Updated:
- 5 min read