Investors ready to bankroll agents moving from employee to ownership

An appeal has gone out to agents wanting to jump from being employees to running their own businesses - and there are investors reported to be ready to bankroll them.

Fine & Country says it wants to grow in Cambridge and some specific London boroughs in particular.

Daniel Harrington, head of growth at the brand, says it has extensive coverage throughout much of the UK but there are now pockets ripe for expansion.

“We currently have a number of high net worth investors with property backgrounds eager to invest in city locations. We are looking for motivated property professionals who have experience running an estate agency and are looking to take their career to the next level making the jump from working for a brand to having ownership and growing a team of successful agents” says Harrington.

The pandemic and shifting buyer aspirations have led the Fine & Country brand to enjoy a 37.4 per cent increase in Sold Subject to Contract figures during 2020 when compared with 2019.

“As an established brand within the upper quartile of the market, partnering with Fine & Country will provide property professionals wishing to get into the premium property market a platform to do so. 

“Taking a territory with the brand will open up doors to a large network with a substantial UK presence and international offices which in turn provides the opportunity for referrals both locally and abroad.”

Harrington adds that while the brand’s London growth has been exceptional in recent months there are still boroughs available for other licensees. 

“We are looking for both associates and licensees in prime locations within London, particularly in Kensington and Hampstead. This is an opportunity for us as a network to increase our market share within the capital, as well as an opportunity for agents to possibly branch out in the premium sector where they could increase their revenue” Harrington concludes.