Open House Estate & Letting Agents

Industries 
Summary
Start your own Hybrid Estate Agency business with low start-up costs and excellent potential for a great return on your investment.

Open House Estate & Letting Agents

  Opportunities:
In the UK
  Business Type:
Franchise
  Minimum Investment:
£1,500
  Training Provided:
Yes
  Home-based:
Yes
  Part time:
Yes

Full Description

 

Start your own revolutionary home-based estate agency

How would you like to be part of something revolutionary? The estate agency world is evolving to meet the needs of the housing market of the future. We are offering you a unique and exciting franchise opportunity in this dynamic sector.

  1. Handle your own cash flow and invoicing.
  2. Set your own prices and strategy.
  3. No minimum fees.
  4. Set your own targets.

Open House was established in 2010 to offer people a new way to buy, sell or rent a property after the housing crisis hit in 2008.
As a ‘hybrid’ estate agent, we brought a new business model to the market; one which combines the benefits of an online estate agent with a national network of local businesses.

We are now expanding our network of personal local estate agents throughout England and Wales and we’re looking for individuals with the drive and entrepreneurial flair to build a profitable and sustainable business. With massively reduced overheads, our agents are able to compete with all the high street and online chains.

Our franchisees operate in an exclusive geographical area, based from home or a small office.

What will you receive as a franchisee?

A full ‘turnkey’ franchise package will provide you with everything you need to start and grow your estate agency business, including:

  • 4 day training course at Open House HQ plus continuous training and support towards your NFOPP qualification
  • Full stationary start up pack
  • Individual web page and SEO
  • Access to a full design team for all your art work
  • EA help desk for day to day questions, coaching and advice
  • Access to an instant chat solution allowing you to contact all other Open House agents to have discussions, ask questions  or share ideas and best practice
  • Ongoing lead generation programme
  • Open House operations manual
  • 3-5-year franchise agreement with right to renew
  • Unlimited access Rightmove, Zoopla, prime location and other websites

You, your future, your business

As the business owner, you will have the freedom to run and develop your own business – but with the help, support, buying power and shared learning that comes with being part of a nationwide franchised network.

We will take the worry out of your business so you can concentrate on looking after your clients and selling or letting their properties! This results in a better bottom line for you, with an OTE of £55,000 pre-tax profit in year one.

The future of estate agency

The way that people are searching for property has changed; with over 80% of successful home buyers and tenants now using the internet to search for a new property. Combine this with those who spotted their next home through local press advertising or by a ‘for sale’ board in front of the house , then this figure is a lot closer to 100%. This means that the traditional estate agency model needs to change, but not at the cost of a quality personal service and the benefit of having a local agent.

We offer a revolutionary new concept in estate agency and, as one of our personal agents, you’ll be able to deliver a fully personalised estate and letting agency service at a fraction of the cost of most high street and online agencies by reducing unnecessary overheads, such as expensive high street stores and over ambitious TV campaigns. We can then pass these savings on to our customers.

Many property experts have already identified ‘hybrid’ estate agents as the ‘future of estate agency’ with two thirds of agents believing that a high street presence will no longer be required by 2018 or sooner.

As an Open House Personal Agent you will be able to combine the best of what a traditional agent offers with the latest cutting edge technology of an online agent.

Multiple income streams

You will benefit from numerous income streams from property sales, lettings and ancillary services(which protect you from the effects of any cyclic market conditions).

You will earn money from:

  • Sales and lettings fees
  • Mortgage commissions
  • Conveyancing commissions
  • EPC commissions
  • Premium property listings
  • Tenant admin fees
  • Inventories
  • Insurance commissions
  • Safety certificate commissions
  • Ongoing management fees

With low set-up and ongoing costs and the ability to earn from multiple income streams, this really is an exciting business opportunity for anyone seriously considering starting their own property services company.

The benefits

With us you could enjoy…

  • Earnings of £1,000+ per week – and more in the future
  • A Long-term profession in property services
  • Low set-up fees with minimum risk
  • Low ongoing costs
  • Future growth into new territories
  • Progressive training
  • The option to work from home
  • Flexible working hours
  • A better work / life balance

If you have the requisite determination to make a business succeed, and an interest in property, then Open House wants to hear from you. Complete an enquiry form today!

  • Case study: David Burgess-Joyce

    Case study: David Burgess-Joyce

    “Having just reached the end of my second year, I’m very happy with what I’ve done.” I have never been an estate agent, so I did a lot of research on a number of franchised estate agents and they were either very expensive or not very competent...

    Read More

  • Open House Welcomes a New Franchisee – Malcolm Hordern

    Open House Welcomes a New Franchisee – Malcolm Hordern

    Open House estate agents would like to welcome Malcolm Hordern to its ever-expanding network of personal estate agents. Malcolm will be operating in the Bamber Bridge area (near Preston), offering a full range of residential property sales, lettings and ancill...

    Read More

  • Case Study: Phillip goes letting mad!

    Case Study: Phillip goes letting mad!

    Looking to start his own property sales and lettings business, Phillip came across the new Open House franchise opportunity through an existing business contact. Location: Manchester Looking to start his own property sales and lettings business, Phillip came a...

    Read More

  • David Reason Joins Open House’s Franchisee Network

    David Reason Joins Open House’s Franchisee Network

    Open House Estate Agents would like to welcome David Reason to its expanding network of Personal Estate Agents. David has secured his territory in the Braintree area and completed his training programme in August. Open House Estate Agents would like to welcome...

    Read More

  • Laura Platt, Wigan

    Laura Platt, Wigan

    A few years ago, I would never have dreamt I would be running my own successful estate agency business. I had been working in the finance industry for many years and decided I wanted a change in career. Tiered of working 50+ hour weeks for a big corporation I ...

    Read More

  • Nick Mason, Director, Open House Kent

    Nick Mason, Director, Open House Kent

    I joined Open House in August 2013 but didn't start trading until February 2014! I had been employed as an estate agent for many years and just left a partnership after four years so the time was right for me to run my own agency. I looked at various opti...

    Read More

Full Legal Company Name
Open House Estate & Letting Agents
BFA Membership
None
Investment Currency
GBP £
Business Type
Franchise
Home Based
Yes
Locations
UK-England
Training Provided
Yes
Min Investment
1500
Part Time
Yes
Franchises suitable for Women
Yes
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