Category Archives: Franchising

Redstones illuminated sign

Finding a property management franchise online

If you’re searching for a property management franchise online, here is the type of information we recommend that you gather in your research:

  1. Residual income – In the property management business, residual income is key. Estimate what level you expect to achieve on a monthly and annual basis.
  2. IT systems – The right IT systems, support and tools are an essential part of daily operations. Investigate how these systems will work. Nowadays, IT is much more crucial than having a high street presence. At Redstones, our sophisticated software is designed to make the daily operation of a property management company as easy as possible. All statements and invoices are on-line, giving landlords transparency and inspiring confidence.
  3. Marketing support – You will need to pro-actively build a customer base from day one. The right marketing strategy and approaches are crucial to this and we advise all franchisees on the marketing methods that really work.

With any franchise, a new franchisee should demand the right advice and support to get their business off the ground and achieving real success. Unfortunately, not all property management franchises online offer the level of support that they should for new franchisees. This inevitably leads to frustration and disappointment.

At Redstones, franchisees praise us for the level of support we offer. Earle Kinlay, the owner of our Hale & Altrincham franchise says, “Ultimately, it was Manjit Virdi, the Franchise Owner along with existing franchisees, who really sold it to me. Manjit was always available to answer any questions or concerns in an honest and open way and there was never any hard sell or pressure to sign up. The other franchisees I spoke to were just the same, giving their honest opinions and advice.”

Conducting your own detailed research, along with speaking to other franchisees, is a fantastic way of ensuring that you’re buying into the right property management franchise.

Find out what’s involved in becoming a valued Redstones franchisee.

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.

Redstones Property Franchise

Starting your own property management franchise just became easier

If you’re interested in starting your own property management and letting company, you may want to know more about how it all works before making the huge commitment of running a business.

It’s a great option for many professionals, but before owning a property franchise, potential franchises need to fully understand what it entails. From marketing to sales, managing systems, finances and the profits you’re likely to generate, at Redstones, we always find that potential franchisees have lots of questions for us. That’s only natural if they’re pursuing a new business opportunity!

For this reason, we are inviting interested individuals to our Open Days on 14th and 21st May 2016. Liaising with the Redstones team face to face offers an excellent opportunity to find out what being a Redstones franchisee really involves. We will also showcase our industry-leading and innovative services, which help franchisees win business.

In addition, we are inviting 10 successful applicants to take advantage of a reduced franchise fee (£9,995 rather than £14,995) if they complete their application form by 30th June 2016.

And that’s not all. We’re even offering a lucky winner the opportunity to become a Redstones franchisee with their own large territory, with our full support to ensure the business succeeds.

A visit to our Open Day could therefore prove well-worthwhile! Discover more about Redstones Open Days.

How to succeed in the property business

At Redstones, we develop and work with potential business owners or new franchisees that show real promise – regardless of whether or not they’ve worked in property management before.

That’s because our comprehensive training ensures that we equip franchisees with the knowledge they require to get up and running in their territory. What is most important is that our candidates are focused, customer service oriented and willing to constantly learn.

So if you’re looking for an estate agent or letting agency franchise, Redstones welcomes those from all industry backgrounds, as long as they can demonstrate the drive and determination it takes to make their own business succeed.

Take the example of one of our newest franchisees, Bobby Dhaliwal, who is the Owner/Manager of Redstones Coventry South. Bobby’s background is in retail management and his main introduction to the world of estate and letting agencies was through investing in his own properties.

Bobby says, “That’s when I realised that there was a real gap in the market for estate and letting agents who focused more on offering excellent customer service to landlords, tenants, buyers and sellers, rather than just being focused on generating business.”

He continues, “I became interested in running my own property management business and working with Redstones has given me a real foundation, including the tools and training I needed to get up and running.”

All new franchisees complete a comprehensive training programme. Reflecting on this training, Bobby states, “I received some fantastic one-to-one coaching from the Director of Redstones, Manjit Virdi, as well as excellent technical advice; all set at a good pace.”

“Without such strong support, I would never have reached this far and would have just ended up making the same mistakes as others who try to run their own property business.”

Interested in starting your own successful estate and letting agency too? Discover more on our Redstones Franchise site.

Opening more doors for franchisees in 2016

For those looking for a fantastic new franchise opportunity in the real estate sector, it’s now an ideal time to consider owning a Redstones Property franchise; a lettings and property management business involving the management of your own property portfolio.

As a great new incentive, the first 10 successful applicants who complete an application form before 30th June 2016 will benefit from a reduced franchise fee of £9,995 (normally £14,995). The new franchisees will also benefit from staged/deferred payment methods and £7,000 invested back into their business via our ‘Marketing Ready package’ for local promotion. Typically you will need an additional £5,000 of working capital, depending on your personal circumstances.

Redstones is a web based agency and our tried and tested business model means that we’ve made it possible to run a full service property agency from an office instead of the high street; considerably reducing overheads.

Furthermore, an increasing number of people are renting rather than buying homes, making our property agency franchise an attractive option.

Redstones are a sales and marketing driven organisation, which ensures that our franchisees succeed in running a profitable business. We achieve this through comprehensive initial training, as well as a strong focus on marketing and on-going business support. In addition, Redstones territories are typically larger than those offered by other lettings franchises.

Take advantage of this special offer now and open more doors with Redstones. Find out more about the thriving business you could own in 2016.

Redstones Network Meeting 045

Is your new franchise ‘marketing ready’?

If your new year career ambition is to own your own Property  franchise business, we urge you to carefully consider the marketing support you will receive.

In recognition of the importance of marketing to any thriving business, Redstones pro-actively support franchisees in generating new business.

We are therefore providing all new franchisees that join our network in 2016 with a FREE Redstones Marketing Ready Package, worth over £7,000.

Redstones Marketing Ready

Redstones Marketing Ready

The Redstones Marketing Ready Package offers online presence, including landlord data targeted to specific areas, in addition to SEO, Google Adwords, a new microsite with social media channels, a local property blog and marketing materials that ensure greater business awareness.

We also lead the way in the property market, in terms of our use of social media, portal advertising, SEO, Pay-Per-Click and 3D floor plans; embracing modern and traditional online and offline marketing techniques.

Managing Director of Redstones, Manjit Virdi explains, “There are lots of options nowadays for people wanting to operate their own franchise. However, as they investigate their choices, Redstones always advises potential franchisees to uncover the marketing tactics that will help them to gain new business. After all, a company cannot be successful without a robust marketing strategy.”

Manjit continues, “Redstones have developed a marketing strategy that is perfect for our business model and we’re keen to share the secrets of our successes with all franchisees.”

For those looking for a franchise opportunity that will help them fully realise their ambitions, a Redstones estate agency and lettings franchise is an ideal career choice for 2016.

For further information, visit our Franchise website, call 01922 235 350 or email franchise@redstones.co.uk

What our franchisees say

If you’re looking for new business opportunities in 2016 and may be interested in joining a franchise, one of the best ways of conducting your research is by talking to existing franchisees.

After all, going into business is a big decision which no one can afford to take blindly. At Redstones, we always recommend that interested individuals speak to our satisfied business owners to find out what running your own property business actually involves.

Here’s just a taste of what our franchisees have to say:

“I am delighted to have the opportunity to work with Redstones, as I admire their values and feel they can make a great contribution to landlords and vendors alike. Their franchise proposition is well thought through and well received so far. I am therefore keen to help with development to make it even better.’
Steve Doyle was appointed as Redstones first Franchise Operational Director in May 2015. He plans to work closely with Redstones franchisees to promote rapid business growth across the network.

The feeling of being part of a national organisation is definitely a great one for me. I have all the independence of running my own business but with the support of a recognised national brand. 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.   
Richmond Franchisee, Brinder Bains

“Whilst it is difficult for me to write a testimonial as an experienced landlord who has been letting and managing properties over several years where I learned “the hard way”, I found the entire process of building a new franchise very encouraging. The management systems in place are excellent.  I particularly found the back office system useful, as it has built in functionality for each and every aspect of property management.”
Ilford franchisee Jeya Ruban

“The ethos of Redstones in terms of the service it offers to customers matched my own aspirations, meaning it would be easy to work to the brand’s guidelines. Furthermore, business terms and the size of territory on offer, as well as the subsequent scope of the business were far better than the rest.”
Earle Kenlay, who has just opened a Redstones office in Hale & Altrincham

The satisfaction of our growing network of franchisees speaks for itself. To find out more about becoming a Redstones franchisee, visit our Franchise website, call 01922 235 350 or email franchise@redstones.co.uk

Redstones Walsall Head Office

Want to open your own estate agency and letting business?

How do you fancy winning a FREE franchise territory, enabling you to open your own successful estate agency and letting business?

Redstones are looking for a property professional to become our ‘Redstones Academy Apprentice’. The right candidate will have the knowledge, skills, vision and above all, ambition to run their dream estate agency and letting business.

As a franchisee, they will gain the full support of Redstones, in terms of our coveted business model and support programme to ensure your new business succeeds.

Ideal candidates are existing business owners interested in re-branding to the prestigious Redstones brand or professionals who have worked in the industry for a minimum of two years and have the skills and drive to run their own business.

Our apprentice must possess sufficient experience of the property sector and understand the principles and dynamics of business development. They also require sufficient funds to maintain their success after the business is launched, such as the cost of the Redstones Marketing Ready Package (worth £7,000). Click here

Candidates must be prepared to enter a competitive selection process and prove why they should be our Redstones Academy Apprentice. The initial stage is to complete an application form and send us your CV. All applicants will be required to conduct a presentation and participate in an interview. Once we have shortlisted, a winner, as well as our 2nd and 3rd place candidates will be announced.

So, have you got what it takes to be our Redstones Academy Apprentice? Call 01922 235 350 or email franchise@redstones.co.uk and quote ‘Redstones Academy’ for further information and to request an application form.

How to select the best franchise opportunity

A new year leads many people to start re-considering their career. If you want to own your own business, start searching for the best franchise opportunity. At Redstones, we advise individuals to make the right choice for their career by investigating the following factors,

if they’re interested in owning a franchise:

Proven track record of success – Any effective franchise will have developed a business model that generates strong results. In our case, this business model includes Redstones Platinum Total Care and our innovative ‘Switch Agents’ programme. Always verify business results and speak to existing franchisees about the success they are achieving before deciding whether a business opportunity is for you. At Redstones, we ensure that every potential business owner understands how the way we conduct business offers us an advantage in the competitive property business market.

Strong brand – As opposed to operating as an independent business, one of the most significant benefits of franchising is buying into a brand that represents existing value for stakeholders. Redstones strong position in the market and many client testimonials from our landlords, tenants and vendors reassure new franchisees of our strong brand.

Continuous support Redstones are genuinely interested in supporting our franchisees to succeed both when they begin and whilst their business is becoming established. For this reason, we offer comprehensive training and materials on the best methods of running your business, in addition to advice on dealing with any difficulties. Furthermore, we are always on hand to support you if you hit a rough patch or want to suggest new ideas for business growth.

Marketing magic – A good franchisor should guide and support their franchisee with tips on tailored marketing techniques that work for the specific industry. Redstones can advise on proven strategies and tools for attracting and retaining business in the property sector. Going over and above what our competitors offer, we are providing new franchisees that join our network in 2016 with the Redstones Marketing Ready Package, worth over £7,000. 

Risk managementRemember that if you conduct due diligence, buying into the right franchise will allow you to become your own boss and start a business; all whilst minimising risk. Becoming a franchisee with Redstones means that you can learn from our best practices and avoid the expensive mistakes often associated with running a business. Not only do we help you manage risk, Redstones are extremely pro-active in facilitating growth and have business acquisition experts on hand to help franchisees build their business portfolio.

So if you’ve always dreamed of running your own prosperous property business, realise those dreams as a Redstones franchisee.

For further information, visit our Franchise website, call 01922 235 350 or email franchise@redstones.co.uk

Redstones Marketing Ready

Getting franchisees ‘Marketing Ready’ is a priority for Redstones

At Redstones, we place a huge emphasis on marketing. After all, as the life source of any successful company, marketing is what drives business through the door, transforming a start-up franchise into a flourishing and established business.

Our strapline is ‘Let’s Open Doors’ and we’ve devised a proven marketing strategy that offers franchisees the tools they need to open the doors to new business.

From social media and portal advertising to SEO, Pay-Per-Click and 3D floor plans, we embrace modern and traditional online and offline marketing techniques that have been proven to generate new clients for our franchisees.

Therefore, we are providing new franchisees that join our network in 2016 with the Redstones Marketing Ready Package, worth over £7,000.

FREE to new franchisees, the Redstones Marketing Ready Package offers intelligent online presence, including landlord data targeted to specific areas, in addition to SEO, Google Adwords, a new microsite with social media channels and a local property blog.

The package also facilitates greater visibility and branding through marketing materials such as let boards, let by slips, pens, keyrings, business cards, complements slips and letterheads, as well as balloons and flyers.

By helping franchisees to build a strong reputation in their territory, our Marketing Ready package recognises that it is ultimately effective marketing that will keep a business in the minds of property owners, landlords and tenants.

The Redstones Marketing Ready Package is just one way in which we support our franchisees. If you want to know why Redstones should be your leading choice if you’re planning to start a new franchise in 2016, visit our Franchise website, call 01922 235 350 or email franchise@redstones.co.uk