Will I be successful?

With one full time and one part time staff member our first office serviced a voting register population of 60,000.

Due to house moves within the existing portfolio and new property take-ons, 115 tenancies were written in the second year. By the end of year 3 growth had exceeded expectations.

Given a larger population there is no reason why a business should not be able to achieve greater success. We expect our franchisees to be managing between 250 and 400 properties by the end of year 4.

We are legally obliged to advise that although figures stated are based on fact they should not be taken as a guarantee of income of success. It is however in our best interests to do all we can ensure that our franchisees are successful.

Where does my income come from?

• 10 - 12.5 % Monthly commission income on managed property

• Finders fees commission

• Trade discounted property maintenance work

• Insurance referrals

• Investment mortgage referrals

• Documentation fees

Further Development

• Second branch income

• "Master franchisee" commission from each outlet opened

What if there are already Residential Management agencies in my area?

This would indicate that there is a good supply of property to let and room for not just another company, but a company with a higher profile and a fresh approach.

Out of 10 agencies that were in the area where our first office opened, 2 closed and one (an established franchise) moved area. After 2 years we were managing twice as many properties as our closest rival. Due to our high profile identity and expertise we currently enjoy a 33% share of the local market place.