£ 1,000 Minimum Investment
Open House Estate Agents are a hybrid property business, combining the benefits of an online estate agency with a network of local businesses.
Lettings & Property
Open House Estate Agents are a hybrid estate agency, combining the cost-saving benefits of an online service provider, with the more personalised offering of a traditional agency. This approach allows customers to enjoy reduced fees when selling a home, whilst also maintaining a higher standard of service, and managing all parts of the sales process.
By blending the 24 hour support and ease of an online agency with personalised service from local agents who know and understand the local area well, a franchise with Open House Estate Agents can be a fantastic opportunity for anyone interested in a business that offers a more innovative approach to the property sector.
The head office for the Open House Estate Agents franchise is based in Warrington.
Territories are available across the UK for an Open House Estate Agents franchise, and all franchisees receive an exclusive geographical area to cover.
To start a franchise with Open House Estate Agents, you will need to invest a minimum amount of £1,000. This covers the cost for a complete turnkey package, including training, marketing materials, help desk support, and lead generation. The franchise agreement is valid for three to five years, and all franchisees have the right to renew the terms after this period.
While the business can be run from a home office, if you plan to run it from an external office, there may be further costs involved.
While Open House Estate Agents do not provide any financial support, you may be able to get funding from most major high street banks.
You do not have to have previous experience in the property sector as complete training and support will be provided to help you succeed in this industry. However you should be a driven and strongly motivated individual, willing to work hard to progress and do well.
The Open House Estate Agents franchise package includes extensive training and on-going support. New franchise owners are provided with a four day training course at the brand’s head offices, with on-going training afterwards, to help you work towards the NFOPP qualification.
After your initial training, Open House Estate Agents also provide a variety of support and guidance tools to help troubleshoot common issues, including access to their help desk for answers to day to day questions and advice, and access to a network of other franchisees thorough an instant chat service, to help you network and discuss issues with peers. You are also given an on-going lead generation programme to help you find customers and grow the business as you become more experienced, and unlimited access t many of the most popular online estate agency websites.
Open House Estate Agents also provide support with sales and marketing, and the franchise package includes a complete stationary start up pack, as well as a personalised branded website, complete with SEO, to help generate interest from your local territory.
Once your franchise is successfully established, you will also have the opportunity to expand into further territories to grow the business, supported by progressive training to help develop into new markets.
Many franchisees find working with Open House Estate Agents to be a positive experience. The franchise model offers a variety of income streams, allowing franchise owners to increase their profits by being able to offer a range of areas, including sales and letting management fees, commissions from mortgages, conveyancing and EPC, tenancy admin fees, property insurance and safety certification.
Existing franchisees also enjoy several practical benefits from the Open House Estate Agents business model. The option to work from home allows them to establish a more flexible working schedule that can be structured around other business or family commitments, and having low set up fees and low management costs, along with earning £1,000 or more a week, can make this a highly profitable franchise model.
Starting a franchise with Open House Estate Agents can be a great step forwards for anyone keen to start their own home business, or interested in breaking into the thriving property industry. By offering a hybrid option that brings the benefits of both online and traditional, locally based services, Open House Estate Agents offers customers a more beneficial and cost-effective service, that can help franchisees stand out amongst competitors.
As over 80 per cent of home buyers and tenants now look online in their search for a property, it is essential to harness online tools to tap into the bulk of the market. However, customers still desire the advantages that a locally based estate agent can offer, with knowledge of the local market and area, as well as the offer of a more personal and tailored service.
By combining both service models into one, without compromising service or cost, Open House Estate Agents is at the cutting edge of the property sector, and can provide a great opportunity to franchisees of all backgrounds.
To find out more about starting a franchise with Open House Estate Agents, contact them directly for an information pack using the form on this page.
For further information, enquire today!
For further information, enquire today!
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