In our experience, we’ve found there are many reasons why our franchisees decide to start a property management franchise with Redstones. If you’re looking for a new franchise, here are some reasons you may not have considered:
A robust sector
Despite Brexit and varying economic conditions, overall, the housing and lettings sector remains robust. In factor, in the private rented sector, demand remains high and we have recently seen rapid growth to 15.6%. If this trend continues, home ownership levels would be around 60% by 2025 and private rental well above 20% by 2020. There is a place in the market for high quality estate and lettings agencies, with innovative service, to meet UK housing needs.
In contrast to many other property franchises, Redstones offers large territories of at least 100,000 households, relatively low set up costs and opportunities to expand.
Earle Kenlay, our franchisee in Hale & Altrincham explains, “The business terms and the size of territory on offer, as well as the subsequent scope of the business were far better than the rest.”
Online marketing and training
The way that people buy, sell and find properties has changed, but not all estate and lettings agencies have moved with the times. Unlike those traditional lettings and estate agencies, Redstones is completely focused on the Internet as a marketing channel. This helps us to stay ahead of our competition.
We embrace marketing techniques such as social media and advertise on all relevant portals and property websites. We also utilise SEO, Pay-Per-Click, 3D floor plans and walk through technology. Furthermore, we’ve introduced online property auctions to Redstones, driving significantly more business.
Our levels of training and support for franchisees are also second to none and have even been highly recommended by franchisees with previous experience of working in property management.
As Richmond Franchisee, Brinder Bains concludes, “When someone tells me they have ‘heard of Redstones’ it is a real boost and affirmation of my decision to join. Redstones has a solid reputation in a tough market for its commitment to customer service and attention to detail. It’s a brand name you can trust.”
Find out what else our existing franchisees have to say about joining Redstones.