5 things to know about starting your own estate agency

If you’ve ever thought about starting your own estate agency or letting business, Redstones offer fantastic franchise options that cover the five main ingredients for success.

Not all estate and letting agencies are alike. A successful business model is one that has been built upon real experience. At Redstones, we’ve refined our business model over the years to give franchisees the best possible chance of succeeding.

Here is how we get our new Redstones franchisees ahead of the game from the beginning:

1. Training
We believe that a solid foundation of training, whether or not the franchisee has previous property experience, is essential. An initial training programme is led by Redstones Founder and Managing Director, Manjit Virdi and includes support from property training professionals and the head office team. The programme results in an ARLA qualification.

2. Marketing
As advocates of a wide range of tried and tested marketing techniques, both online and offline; we know which techniques lead to high quality business generation. To help franchisees succeed in business, we are providing new franchisees that join our network in 2016 with the Redstones Marketing Ready Package, worth over £7,000.

3. Customer service
Many other estate and letting agencies fail when it comes to their customer service offer. We provide the tools that ensure excellent service, such as the ‘Switch Agents’ programme, which ensures that new business is gained based on the service delivered. We’ve also introduced Redstones Platinum Total Care; a scheme that ensures the landlord’s rent is paid on the date it is due, regardless of whether the tenant has paid on time.

4. Territories
Territory sizes are central to the success of an estate agent franchise. In contrast to many other property franchises, Redstones offers large territories of at least 100,000 households, as well as low set up costs.

5. Business growth options
Once you’ve successfully established your estate agent franchise, have you thought about the next steps? When one of our franchises is ready to grow, our business acquisition experts advise franchisees on how to build their business portfolio.

For further information, visit our Franchise website.