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There are occasions where some of our existing franchises wish to exit the business due to retirement or personal reasons etc. Buying an existing business is a great way to get started as there will often be a ready-made portfolio of rental properties as well as a sales pipeline and listings providing income from day one.
In addition, the likely running costs, growth potential and profitability are easier to predict.
Key benefits:
Reeds Rains operate a networks of strong and established high street estate and lettings agents. An Estate Agent with over 150 years of heritage, with branches across the UK.
Each of our branch areas (owned and franchise) have agreed postcode territories. All business conducted within your agreed territory is yours exclusively.
Robust multi income stream opportunity including
Residential sales
Our residential sales operation enables franchises to be 100% in control of your agreed, exclusive territory. Your team structure, approach to property marketing and the fees your charge are all set by you. Underpinned by substantially discounted rates with the UK’s two leading property portals Rightmove and Zoopla.
There are also reciprocal arrangements in place, allowing branches to benefit from referrals generated in their territory where the business sits within another territory.
Our Land & New Home team can also help provide instruction opportunities offering advice on a range of specialist services for housebuilders, developers and investors of all sizes.
Lettings
Our franchise model for lettings enables you to concentrate on the front end of your business while we take care of client accounting, banking, HMRC and ARLA audits and returns, overseas landlords, tax statements etc. Enabling you to run your business with less staffing than you would otherwise need as well as being able to draw on expert advice.
Mortgages
Reeds Rain's parent company LSL is one of the largest providers of services to mortgage intermediaries, specialist mortgage and protection advice which means our franchises have a customer ready financial services ready to go from day one.
Flexible options to suit the size of your business it provides essential income and added value to every sale.
Conveyancing
We manage a panel of carefully selected property lawyers, solicitors and conveyancing firms. Our conveyancing service offers you100% profit, helps pipeline conversion and provides a no move no law firm fee option to your buyers and sellers.
All franchisees have access to a Business Development Manager who will work with you from day one. They can provide advice to help grow you’re your business including acquisitions of lettings portfolios
Our annual Franchise Conference ‘Partners in Growth’ is specifically designed to share initiatives that will help you thrive. It’s a forum where teams from the network and fellow franchisees highlight opportunities that will make a difference to your business.
IT helpdesk is available to franchises.
Set up on marketing leading property management system.
reedsrains.co.uk is one of the biggest branch-based websites. Run centrally and developed with a ‘mobile first’ strategy. SEO, lead form optimisation and webchat are just some of the areas that are run centrally maximising traffic and conversion when customers hit the website. Each branch has their own branch hub where you would control the content– providing team images, copy etc so it can be as local as your branch is.
Reeds Rains will provide compliance help and advice with supporting documents to help you get on with running your business
Our central marketing team ensure brand consistency as well as creating valuation materials, campaigns to drive valuations, optimise the website, negotiate with the portals and more. Due to the scale of Reeds Rains’s parent company LSL, our franchise business will enjoy discounted rates for Rightmove and Zoopla
Access to tried and tested prop tech businesses offering attractive rates across the business.
Full training available including system training, compliance. There is an online training portal with webinars and courses available to all franchises and their staff.
LSL have considerable acquisitions experience and if you are keen to grow your business via acquisition the teams can be on hand to help. Over the years we have developed a tried and tested due diligence process. We can help with negotiation, the legal process as well as helping integrate the acquisition into your existing business.
