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How To Buy A Property Franchise
Buying a property franchise is one of the fastest ways to get into the property business, but finding the right one for you requires you to invest your time researching options available. Set-up costs will vary from franchise to franchise, but you not only need to need to find an established brand that you believe will continue do well, you need to discover what it is that you receive for your investment. If you don’t have the initial capital required, this needn’t be a hindrance – you will often find that banks are willing to provide financing options to get you started.
There are several benefits in using a franchise system, such as; marketing and business planning, existing brand awareness, initial training and ongoing support, cost control and management systems, local advertising, and customer service programs. However, successful franchise opportunities can be expensive. Here are some important tips to help you make a decision:
Before you make a final decision, you need to take the time to reflect on, and write down ...
... your business goals.
Do your research. There are several websites which contain helpful information to assist in narrowing down your choice.
Make a final list of potential property franchises, and start with the one that appeals most.
Find out the available locations, and if there is one that already covers your area, consider how far you are willing to travel in order to start your own business.
Consider dealing with agents at each of the property franchises that have made your shortlist of investment opportunities, to get a personal feel for the brand and quality of services.
Looking to start your own property business? Redstones provides a unique franchise with a framework that reduces your risks and enhances your potential profitability. With an already well-established network of lettings and estate agent franchisees, Redstones is one of the fastest-growing property franchise businesses in the UK. With a strong online presence, the secret of our success is our local property knowledge and expertise.
Our range of services includes a Guaranteed Rent scheme, which ensures landlords are paid on time, regardless as to whether the tenant has paid or not. We have found that this entices many landlords to change their existing lettings agent to us – using our “Switch Agents” programme. One call is all it requires – we do the rest.
We believe in providing a strong and positive customer service, and are proud to be members of the NAEA (National Association of Estate Agents) and ARLA (Association of Residential Lettings Agents). They provide best practice guidelines, to ensure every customer is treated fairly, and we ensure to follow them in every instance. This is what makes us stand out from the crowd, and is the foundation of our company ethos.
You don’t need direct experience in this industry – just a strong work ethic and desire to succeed. We will provide all the necessary tools and training to ensure your business is a success.
To find out more about the opportunities offered by Redstones and for more information on our unique franchise model, contact us today - 01922 235 350- or visit http://www.redstonesfranchise.co.uk
About Author:
Kemp is a professional writer, recently he has written several articles for Redstones Franchise, a leading property agency. They offer letting and estate agent franchise opportunities to start your own property business.
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