£51,500
Lettings & Property
Yes
£51,500
£25,000
N/A
About National Property Auctions
Auctioning property is growing rapidly and a number of companies are doing this. However, National Property Auctions operates across the entire UK and the number of properties it sells demonstrates the company’s position in the market.
Among the market leaders, National Property Auctions was one of the very first online auction specialists and operates in a cost-effective way on its own bespoke platform.
The auction house business has been trading for over seven years and has more than 10 years’ experience in auctioning properties.
It is the fastest-growing property auction network in the UK and hosts regular online auctions featuring a variety of property and land for investment, development and occupation, and prides itself on offering a quality service that delivers results for its clients.
National Property Auctions sells every type of property – residential, land, redevelopment, buy to let, tenanted, walk-in, run-down, commercial properties, you name it. Even if the property is non-mortgageable it can still help.
National Property Auctions understands the importance of technology in facilitating faster transactions and thus operates a dynamic auction process, working with individuals, estate agents, asset managers and corporate property owners to assist them in making their property visible to a wide range of qualified buyers.
Why has National Property Auctions decided to franchise its business?
The company is experiencing sustained growth in demand for its broad range of services.
Auctioning of properties increased by 40 per cent in 2020 compared to 2019 and it’s set to continue similar growth.
This successful business has a large active database of property buyers and in order to meet demand, it needs local people in their own regions to help National Property Auctions gain and list more properties to meet that demand. The quickest and best way to do this is by franchising exclusive territories.
The UK public is fast seeing the benefits of buying and selling a property quickly and easily via auction, compared to the typical high street agent. Thanks to online bidding sites such as eBay and the rise of virtual viewings, more and more people are buying and bidding online - and National Property Auctions’ figures underline this.
How does the National Property Auctions’ franchise work?
This is one of a wide range of home-based franchises operating in the UK, although a franchise partner may wish to grow into offices and employ further staff as the business grows.
A National Property Auctions franchise business owner will need a vehicle in order to get to and from property viewings, meet commercial and residential contacts and build relationships with estate agents, etc.
What type of franchise owners is National Property Auctions looking to recruit?
If you share its passion for property and delivering first-class customer service and are a dynamic and driven individual who is looking for the benefits and freedom of running your own business, National Property Auctions would love to hear from you.
The business has a close team and will always provide you with guidance whenever it’s needed.
Are you a property market professional? If you are, this could be the perfect franchise for you.
National Property Auctions wants to recruit people with experience in property or experience working within the industry, perhaps in estate agency, renovations, buy-to-let investment or property trading.
With prior experience, the company knows you could hit the ground running with one of its business opportunities, earning one per cent to 1.5 per cent on each property sale.
What training and support is provided to franchise business owners?
As a National Property Auction franchisee running a home-based business, you can expect a wealth of support and business advice from launch to set up and beyond, including:
• Access to the company’s bespoke auction systems.
• Full start-up support, business advice and training.
• Marketing assistance from a national brand.
• Access to industry-leading IT sales software.
• HR and recruitment support.
• Social media support.
• Franchise performance business coaching.
• Event support.
How in demand are the services offered by National Property Auctions?
The company’s services are in big demand - and the figures speak for themselves:
National Property Auctions needs to support its franchisees to win new properties to meet the demands of the company’s 20,000-plus active database of auction buyers.
The company sold 1,696 properties in June 2021, which is up 48 per cent from last year, while between June 2020 and July 2021 National Property Auctions sold 19,790 properties.
In total during 2020, nearly £4 billion of property was sold by the company - up 27 per cent on 2019.
If you have the experience and are looking to start a business in property, then do not delay getting in touch. National Property Auctions has immediate demand on a national basis.
What are the startup costs of a National Property Auctions franchise?
The franchise fee is £25,000 (plus VAT).
Additional upfront costs total approximately £26,000, which includes working capital, initial marketing and promotion of the business, legal costs, training, etc.
What’s the earnings potential of a National Property Auctions franchise?
According to the company, the right person can expect to make a return on their investment within 6-12 months.
Strong revenues can be earned by individuals who put in the time and effort to build a business in this sector and are prepared to follow a tried and tested system.
How do I start setting up my own National Property Auctions franchise?
To request further information about franchise opportunities with National Property Auctions, complete the form below with your name and email address and click on the ‘Request Free Information’ button now.
Franchisors conduct a rigorous selection process when recruiting franchisees.
This usually involves a series of face-to-face meetings, where discussions are had about the type of person you are, your suitability to join the franchise network, the cost of the franchise and your aspirations for the business.
A franchisor should answer any questions you have about the franchise before you make a commitment and allow you to speak to already established franchisees in order for you to get a first-hand account of the business.
It is recommended that you conduct independent and in-depth research into a franchise before parting with any money.
As well as talking to franchisees, you may wish to pay for a suitably qualified accountant to review the financial information provided by a franchisor and enlist the services of a lawyer who is familiar with franchising and the franchise business model. They will be able to assess the franchise agreement ahead of it being signed.
Enquire into this franchise today
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