Category Archives: Property Franchise

Redstones illuminated sign

Redstones to open new Iver branch

As a well-known brand in the property market, Redstones is thriving by broadening its reach and developing new franchises all the time. The latest is our Iver branch. Located in Buckinghamshire, Redstones Iver is due to launch over the next few weeks.

The MD of Redstones Iver is Bobby Bansal. Bobby is also a regional manager for the London territory and has extensive hands-on experience of property management. He says, “I’m working hard to spread the word about Redstones Iver and what we hope to achieve as an office, which is part of Redstones larger drive to expand substantially throughout the London region. Having gained vast familiarity with the needs of buyers and landlords in Iver, I’m confident that we have the right service offers in place to see the Iver branch go from strength to strength.”

Working with a brand name such as Redstones, which has already proven its credibility in the property market, has many benefits for franchisees. By adhering to a tried and tested business model, franchisees have increased security that their new business will flourish. Redstones also provides a structured training programme and continuous support to get franchisees off the ground.

Finally, location is everything in the property business and in contrast to many other property franchises, Redstones offers access to large territories to maximise profitability.

If you’re interested in establishing your own prosperous property franchise, visit our Franchise website, call 01922 235 350 or email franchise@redstones.co.uk

Say “hi” to the new Redstones Hayes Office – Saturday 12th August – 10am – 3pm.

Redstones Board design

Eye-catching new sales and letting boards launched

As part of a regular drive to refresh the Redstones brand, a new design for Redstones’ sales and letting boards has been launched, which eagle-eyed sellers, buyers and landlords will notice soon!

Redstones Board design

Redstones Board design

Manjit Virdi, Managing Director of Redstones explains, “We are a marketing led company who work hard to protect and position our brand effectively. The new board design is all part of that.

In a crowded market, it’s vital for us to have an even more eye-catching board design that will stand out to serious buyers or passers-by and help promote and showcase properties as effectively as possible. Sales and letting boards have always been an important marketing tool to us, which is why we refresh their design every 2 years or so.”

The new boards help ensure that properties attract the right attention and the new board design extends to premium gallow boards, the swinging boards used to sell high value properties.

Redstones Hayes Office Image

Say “hi” to the new Redstones Hayes Office

As a rapidly expanding estate and letting agency, Redstones has recently experienced huge growth through developing their franchise network, particularly in London.

The most recent franchise due to launch is the Hayes office in West London. Operated by new franchisee, Pasoon Ebrahim, potential new franchisees, landlords, buyers, property development professionals and all those interested in the local Hayes property market are warmly invited to an open day at the new High Street office, a prime location in Hayes on Saturday 12th August – 10am – 3pm. Address: 03 Coldhrbour lane , Hayes , UB3 3EA

Managing Director of Redstones, Manjit Virdi says, “Come and visit our new Hayes office, it’s an excellent opportunity to see the exceptional service we have on offer and how we plan to excel in the challenging property market in Hayes. Of particular interest to many will be our launch offer to sell your property from £666 including VAT. This exciting new launch offer is sure to interest the local property market.”

Redstones The Property Experts sign

Redstones Dartford Now Launched

Amar’s worked within the Insurance industry in the personal lines sector for 12 years, where he was dealing with Household Insurance. He has just opened the latest Redstones’ franchise in Dartford.

Amar Gill Redstones Dartford

Amar Gill Redstones Dartford

What were you doing immediately before taking up your franchise?
“I had a career change and went into the lettings market, dealing with all different types of properties in the Insurance sector. I always, naturally, had a passion for property so I joined a letting agent.”

How did you discover franchising?
“I’ve personally been looking into franchising for four years and examined all kinds of franchises within the market; Fast food, Insurance Claims, Estate agents and I also have family who have franchises, so obviously I started to look into franchising myself as I could see that the franchise market was going from strength to strength.”

Why did you chose franchising over an employed career?
“I always wanted to be my own boss, leaving school and joining a family business gave me that ‘heads up’ in life. I had school friends who were all employed whilst I was working within a family business which made me less inclined to want to work for anyone.”

“Franchising is the way forward for me as working within a family business I can see the similarities between that and franchising; you become part of a family and grow together.”

Why did you chose this franchise over others that are available?
“I had been researching franchising for a substantial amount of time; it got frustrating at times as not all the franchises were for me. When I found Redstones, as soon as I saw the franchise model and spoke to the franchise manager, I knew this was the right move for me. It ticked all the boxes.”

“My family is not joining me in my franchise so I will be building the business alone at start with, but who knows what the future might bring.”

How did you raise the finances required?
“I was lucky enough to have enough in my savings from my previous jobs.”

How have you found the training and support you received from your franchisor?
“Very helpful and professional, it’s a lot to take it when you first join, but for me just having that peace of mind of knowing that I can pick up the phone and call the team anytime is priceless.”

What challenges have you faced while getting to know your new business?
“Joining the franchise has challenged me to learn new sectors of the property market; for example dealing with sales, accounting and learning the system. These are areas I have never dealt with before but I am enjoying the learning experience and gaining additional skills.”

What ‘highs’ have you experienced in your new business?
“What highs? The whole experience really… learning new roles, meeting new people, being my own boss and joining a well-established company.”

What are your plans for the future?
“I want to grow the franchise along with the team as this is what I want to do until I retire! I am looking to employ staff and expand in different locations.”

What would your advice be to someone thinking of buying a franchise?
“If you have a passion for something but you are not sure how to start the business on your own, franchising is the way forward. Just having people around you that you can learn from while being your own boss is very reassuring.”

Why consider a property management franchise?

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.

Geographical territories
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.

You can call the Redstones team on 01922 235 350 or email us at franchise@redstones.co.uk or visit www.redstonesfranchise.co.uk for further information.

Redstones Management Team

Top 5 reasons to start your franchise business this year

If you’re interested in property and have always wanted the control and freedom of running your own business, is 2017 the year to take the leap?

Here are some great reasons to consider owning your own property franchise:

  1. The power of an established brand

The recognition that an established brand such as Redstones provides gives clients the assurance that they can enjoy an excellent and proven service, regardless of location. This consistency benefits all franchisees in the system.

Our clients are delighted by our innovative services, including 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.

We also have the ‘Switch Agents’ programme, which makes it simple for landlords to switch their property or property portfolio to you. As a franchisee, you apply these innovative services to your own client base.

  1. Marketing expertise

Marketing should not just be considered an expense. If done right, it will generate all of the clients you will ever need. At Redstones, we have our ‘marketing mix’ just right and we share this expertise with franchisees.

Nowadays, the majority of our business is conducted online. Our marketing techniques include social media, advertising on all relevant portals and a focus on SEO and Pay-Per-Click. Vendors are able to sell their property quickly through 3D floor plans and walk through technology. We’ve also introduced online property auctions to Redstones, driving significantly more business.

  1. Operating experience

Opening a privately owned business is undoubtedly complicated and daunting, especially if running a business is new to you. The comprehensive training programme offered by Redstones helps franchisees learn at their own pace, so that they are in the best position possible to run their own business.

  1. Hands-on training

You will need comprehensive training to run your own property business, even if you have some experience of property management. Our existing franchisees can testify to the high quality of our training.

  1. Growth opportunities

So you’ve successfully set up your franchise business but what about the next step? Our skilled Business Acquisition team help franchisees to flourish by advising them on acquiring existing property companies, property portfolios and letting databases.

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

Redstones Residential Sales

Property market buoyant as lending booms

In 2016, mortgage lending hit its highest level in 8 years, which can mainly be attributed to low interest rates.

Proving that the property market remains buoyant, the Council of Mortgage Lenders has confirmed that with a lending total of £246m last year, lending has increased by 12% on the total amount lent in 2015. Mortgage approvals for both purchasing property and re-mortgaging rose in December 2016, showing that this trend is likely to continue into 2017. In fact, since 2008, remortgaging has grown year on year by 30%.

Therefore, despite Brexit and higher stamp duty for buy to let investors, many people have clearly been taking advantage of low interest rates to move up the property ladder. However, despite banks being keen to do business, in some areas, there is an ongoing shortage of properties on the market nationally and house price growth is expected to slow.

Manjit Virdi, Managing Director of Redstones explains, “We’ve got off to a very busy start in 2017 across the board, in terms of both property sales and lettings. We have a very high quality supply of properties right now too.”

He continues, “The positive situation with mortgage lending means that this could be the ideal time to buy your first home, move up the property ladder or continue expanding an existing property portfolio. We’re finding that for many people, it makes sense to start the new year by strengthening property investments.”

We offer innovative services in both sales and lettings such as Switch Agent and Redstones Platinum Total Care, which are very popular with our landlords.

Find out more about the great service Redstones has to offer.

Redstones looking to recruit 20 franchisees for 2017

With more people renting rather than buying homes nowadays, the housing market remains buoyant in the UK, making it a fantastic opportunity for potential new business owners.

Our ambitious growth plans mean that Redstones are now pro-actively searching for 20 franchisees for 2017, to take advantage of the geographical territories on offer. In comparison to our competitors, we offer large territories designed to maximise profitability.

Many new franchisees are impressed by our state-of-the art systems, which enable them to run a full service property agency from an office instead of the high street; significantly reducing overheads. We also pro-actively train new franchisees and support them with marketing and gaining new clients. Our SEO strategy and focus on pay-per-click means that we have developed a massive online presence.

Many other service benefits set us apart from the rest and mean that you can be proud to advocate Redstones to your clients as a franchisee. These benefits include:

  • The very latest 3D floor plans and walk through technology to help vendors sell their property as quickly as possible
  • An online property auction service with 0% commission to attract more sellers
  • Great value and flexibility for landlords through our Redstones Platinum Total Care service
  • The innovative Switch Agent programme to ensure you attract more landlords to your business!

If you like the sound of our great business practices and feel ready to take charge of your career as a franchisee, discover more about the special opportunity on offer.

With low-cost start-up fees, we’re keen to get the best talent on board, whether you’re an existing property professional or have the relevant skills to succeed in the property market.

So, if you’re ready to face the challenges, thrills, satisfactions and great financial rewards a Redstones franchise can offer you in 2017, don’t hesitate to find out more.

Become one of 20 valued Redstones franchisees in 2017.

 

redstones epc

Landlords – be aware of energy efficiency changes

The Energy Efficiency of Private Rented Property in England and Wales Regulations 2015 has introduced several measures that have started to take effect.

In the UK, there are still plenty of naturally inefficient properties. An estimated 343,000 private rented properties have an EPC rating of F or G and there will be a ban on granting new tenancies for any properties with these ratings. This takes effect from April 2018.

This measure will apply to all existing or new tenancies by April 2020 and failure to comply could lead to a fixed penalty of up to £5000.

Manjit Virdi, Redstones’ Managing Director advises, “If you have an F or G rated property, start assessing any potential improvement plans as soon as possible and get that rating increased before April 2018. There are funding initiatives available that could help. We are happy to advise landlords on a personal basis.”

In addition, since April 2016, tenants have the right to request energy improvements to any property they let. Landlords cannot reasonably refuse requests, however, they are not required to contribute funding. If a tenant makes a request, they must identify the source of funding for any proposed works and identify proposed improvements from a government approved list.

If a valid request is received, landlords must respond in writing within 1 month, either consenting to the improvement or refusing consent. This must be backed up with valid reasons and there are only certain grounds on which consent can be refused. Exemptions include if an expert advises that improvement may damage the fabric or structure of the property or if the improvements will result in a reduction in the market value of the property of more than 5%.

Redstones are always on hand to advise landlords on changes in legislation and offer a diverse range of services that reduce the time and stress of being a pro-active landlord. Find out more about our lettings and property management services.

Redstones illuminated sign

New year, new career – Redstones expand nationwide

It’s the time of year that many people reconsider their careers and decide to take control. Many would argue that becoming a business owner or franchisee is one of the best ways to gain independence, flexibility, work/life balance, great financial rewards and ultimate control over your destiny. Is that something that’s truly offered by your existing career?

As Redstones continue their mission to expand nationwide, there are plenty of territories ‘up for grabs’ for those who aspire to run their own estate agency and lettings business. In contrast to many other property franchises, Redstones offers large territories of at least 100,000 households, low set up costs and opportunities to expand throughout the UK.

Often, the chance to make a healthy profit is far from the only reason to become a franchisee. There are many lifestyle benefits associated with running your own business. Some people are attracted to franchises because they relish the responsibility of running their own business. Others enjoy the opportunity to set their own hours and work around family and other commitments.

All of our existing franchisees have gone through the process of determining whether Redstones is the right choice for them, after enjoying careers in other fields. They have certainly not been disappointed!

Earle Kenlay, Director of Redstones says, “Redstones is one of the best property franchises in the UK due to their business terms and the size of the territory on offer.”

Richmond Franchisee, Brinder Bains agrees wholeheartedly. He says, “With Redstones, I’ve gained the independence of running my own business but with the support of a recognised national brand. My decision to join Redstones was the best business decision I’ve ever made.”

Want to transform your career for the better in 2017 and help Redstones expand nationwide? For further information, visit our Franchise website, call 01922 235 350 or email franchise@redstones.co.uk