Town & Country Property Auctions have developed a successful business model that will appeal to property professionals or high achieving individuals looking to start a profitable business.
We are an established Franchise on a national level looking to expand further through a network of new strategic partnerships. We will provide you with all the support you require to enable you to prosper within your chosen territory.
You will receive full initial training and support from day one which is ongoing through our Franchise team.
The majority of our franchises are Independent full time estate/lettings agents or property professionals who buy into the Town and Country Property Auctions brand to offer regional auction activities.
Lot generation is key to the success and therefore starting and running an auction without channels to deliver lots making success challenging and indeed can only be countered by increasing start-up investment to power high profile marketing.
Town and Country Property Auctions actively encourage its franchisees to build what we term as Partner Agent networks; these partners are other independent estate agents who collaborate by referring into the regional auction and receive half the sales fee if the property lot is successfully sold. Some of our licensees now have 30% of their auction lots delivered via their Partner Agent networks.
In terms of resource as a minimum you need two listers/ valuers and one administrator.
All franchisees are responsible for local marketing so necessary budgeting around this will need to be considered.
The optimum number of in-room auctions per annum is six.
Average income per sale is circa £3,600 and generally a licensee would need to sell six units per auction to break even and good profitability should be achieved at ten plus.
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- Attractive Business
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