How it started and who's who

Monopoly Buy Sell Rent was set up by Simon and Nathan in June 2013

Simon is an experienced estate agent who was previously a partner in a town centre estate agency, however over time particularly in 2012 he noticed an enormous drop in the number of clients actually visiting the store. At the same time there was a huge increase in the number of valuations and viewings initiated from Rightmove and Zoopla. Using these statistics and the fact that he had been approached by a family friend Nathan, a property developer who was desperate to save money on his selling and letting fees. They decided to join forces and open an alternative modern thinking agency. Reducing the overheads enables the clients to benefit from massively reduced selling fees, whilst still offering a traditional full estate agency service.

Why would you consider purchasing a franchise over setting up independently?

Published statistics say that there is much higher chance of making your new business a success if its a franchise rather than an independent set up. It depends on you as a person, your personality, your financial situation and your previous experience.

Pros

  • Once you become a franchisee you can use an established name and logo.
  • You can start your business quickly as all the preparation work has been done for you, in this case your For Sale sign, your online property advertising such as rightmove and zoopla are included, all of your policies and procedures are written and practised on a daily basis, the software you need is tried and tested, set up and included, training is provided and if required even your phone is answered when you are busy or unavailable plus much more.
  • If you are not experienced in running your own business you will be supported every step of the way.
  • In this instance because head office are offering to take your calls, book your appointments and prepare some aspects of your paperwork, the advantage of a monopoly Buy Sell Rent franchise is that you can work alone without the cost of employees or an office or expensive shop front premises.
  • Sharing ideas for improvement with other franchisees to take the business to new heights.

Cons

  • Being part of a larger company doesn’t suit everyone, some personalities don’t want to share information or be tied in anyway to a franchisor or pay them on a monthly basis, they like to work independently, make every decision for their own business, coming up with their own name, in this case, estate agency using their own name as the name of the business. They may already have partners or employees in mind that they want to work with or want a high street store presence.
  • Some franchises are very expensive and don’t included a lot for your money (not this one in our opinion)

Monopoly Buy Sell Rent set up as a local estate agency in a very small rurally located office in June 2013 specifically as a pilot to test the model we anticipated and hoped future monopoly Buy Sell Rent franchises would become. We wanted to perfect the systems as best we could, test the publics response to the ethos, register the mMnopoly buy sell rent trademark, design the eye catching sign and prepare all the policies and procedures etc, etc. Within the area we are located we quickly rose from the newest agency to the second largest quickly overtaking very established high street estate agencies. All the above plus a lot more including training and support is now available to you as part of the Monopoly Buy Sell Rent franchise, so perhaps the question should be why wouldn’t you want a Monopoly Buy Sell Rent franchise?

Huge set up costs savings both in financial terms and in time spent

  • Thinking of and trademarking a brilliant, catchy and very memorable name
    Time saved by you = hundreds of hours work + costs = saving of £4000
  • Website development
    Time saved by you = hundreds of hours work + costs = saving of £4000
  • Artwork costs and design development
    Time saved by you = dozens of hours + costs = saving of £2000
  • Trial and error with estate agency software support systems and then setting up
    Time saved by you = hundreds of hours + costs = saving of £2500 for using useless one first before finding current provider
  • Writing and producing contracts, policies and procedures plus paperwork systems
    Time saved by you = hundreds of hours
  • Getting things right first time rather than by trial and error because of the support you will receive from Monopoly Buy Sell Rent head office
    Time saved by you = hundreds of hours

Summary of savings compared to going it alone

Timed saved equated to thousands of hours and prevents the need to have additional members of staff. Offering your huge savings and therefore the opportunity to start your business alone from anywhere you want, with all your paperwork, procedures and contracts in place, leaving you to concentrate on developing your business. At the same time saving you thousands of pounds developing websites and art work etc.

  • All the artwork for headed notepaper, comp slips, business cards etc will be made available for you to use going forward, plus a starter pack of all the paperwork you need from day one.
  • Artwork for the sign plus an initial pack of signs to use from day one with your phone number
  • A trademarked recognisable fun name and logo for you to use on all advertising
  • Access to all the contracts, letters and forms required to run your business
  • Training and support including one or two weeks at head office (more if you want or need) during which you will have the opportunity to join the senior partner during appraisal/valuations, plus do some book ons and viewing appointments. Plus you will be able to become familiar with the software and systems we use.
  • Support from the head office team during your launch, Simon one of the directors will join you for your first appointments and we will help set up your systems. We will also advice and help you with your advertising for the launch.
  • Ongoing phone and email support forever on a daily basis, plus regular visits from head office to you and visa versa.
  • Training as required including legislation updates on an as and when basis
  • Policies and procedures for running your estate agency, plus should you decide to have employees in the future we can provide and support you with their contracts and induction.

Monopoly Buy Sell Rent provided a helpful, professional and easy to use service.

There was always someone to reply to my queries really quickly; whether by phone, email or text. This helped greatly as it was the first time I had ever been through the process of selling a house.

A big thanks to Simon and the team for helping me in selling my house.

Sold price: £113,000

Sam

All enquiries were followed up with regular, honest feedback and sound advice given for improving viewings. Our property sold within 3 weeks of being on the market and Monopoly Buy Sell Rent staff ensured all details were dealt with in a timely manner from offer through to completion on both sale of old property and purchase of new property . We would definitely recommend Monopoly Buy Sell Rent as a 1st class estate agent.

Sold for £218,000

C and S Jones (Glyn Ceiriog)

Thank you so much for your efficient service when selling our property on our behalf. Your fresh and uplifting attitude when we first met was such a relief from all the other negative ones.
You and your team were an absolute pleasure to deal with, and the final costs were very reasonable too.
We wouldn't hesitate to recommend you to others.

Sold prices: £278,000

Will at Haycocks Cottage

To request a glossy Monopoly Buy Sell Rent Franchise Prospectus which includes all the above information as well as some examples of annual turnover and fees with a variety of different scenarios please click on the link below

Request a information pack

Suite 4A
Rossett Buisness Park
Llyndir Lane
Rossett
LL12 0AY

Call: 01978 800186

E-mail: info@monopolybuysellrent.co.uk

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