Starting an Independant Letting Agency..
To evolve my business forward and create brand image and trust in the marketplace , we are looking to start small online/offline Lettings agency. It will be finders fee only don't wish to do management as competition here locally is high with companies charging from 5%.
Don't wish to go down franchise route but have a few questions for people who have started independant agencies:-
- What are the major fixed costs you will incur, Rightmove , Software
- What is the best software for a small startup , I know of DezRez and Jupix are there any others you recommend such as Cloud-Based services?
- Are there any alternatives to Rightmove as in early days £400pcm is a good chunk of profit?
- Having started in lettings how did your business evolve into Homebuying entity, did LA give you credibilty with Vendors?
- What is average achievable turnover in Year1?
- Do you have to be ARLA registered?
- Where can you download all documentation from i.e. Monthly rent sheets, invoices, inventories, check in/out dox etc
- Are there any online training courses available?
Thanks for reading