Belvoir creates new kind of business model for estate agents
Agents who own their own business but would like to convert it into a national corporate brand can now do so now after The Belvoir Group today launched its Business Integration Model.
Rather than cold-starting an estate agency under one of the group’s five brands or buying an existing business off an exiting franchisee, agents can re-brand their existing branch instead to either a Belvoir, Newton Fallowell, Northwood, Lovelle or Nicholas Humphreys operation.
The group says it’s designed for owners of a successful independent estate or lettings agency who are struggling with the next stage of growth.
Dorian Gonsalves, CEO of The Belvoir Group (main pic), says: “With over 26 years of experience in the market, we operate one of the largest property franchise groups in the UK.
“Belvoir Group is always on the lookout for entrepreneurial business operators who might be interested in using our proposition to grow their own property business.
“We believe that our Business Integration Model, which includes a tailored franchise support package, with financial incentives, will be extremely attractive to independent agents, seeking to bring their existing business under our umbrella.”
Belvoir Group is dangling some very tempting carrots to join, claiming that branches within its national franchised network can expect a turnover of between £400,000 and, in a few cases, £2 million a year.