Landlords Change Direction
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Landlords fed up with receiving a poor quality of service from lettings agents are setting up their own virtual letting agencies working from home.
Landlords, hit hard by the credit crunch, with limited access to finance to grow their portfolios have started to think of other business ideas that make the most of their experience as a landlord and bring in additional income. As the property market starts to warm up many landlords are branching out and setting up their own letting agency using specialist letting agency franchise HomeXperts.
“Many landlords faced with high letting fees, poor quality of service are deciding to take matters into their own hands and beat the letting agents at their own game by setting up their own agency” states Sussanne Chambers managing director of HomeXperts, the UK’s fastest growing property franchise. “Landlords know the level of service they want, they understand the industry and are frustrated when they receive poor service. Most of our franchisees have landlord experience; they see it as a way to grow their business during the credit crunch while access to finance to increase their portfolios is limited. At our last training academy we had landlords from Northampton, Worcester and Stratford on Avon all keen to get going in a new direction”.
The HomeXperts Franchise fee is £3,500 plus VAT, which includes training, a personal website, sales letting boards, member s resource area and marketing plan. Running a virtual agency from home means the landlords have flexibility to continue managing their properties while generating additional income from their new business.
