fbpx
Upgrade to ChromeUpgrade to FirefoxUpgrade to Internet ExplorerUpgrade to Safari
  • News
  • Have you got a plan?

24th October 2016

Have you got a plan?

As the last two months of the year come onto the horizon let’s forget the dreaded C-word (Christmas) and think about the P word – Planning.

We all know that finishing the year with strong sales results is crucial, so is ensuring that the following 12 months will be just as positive or even better.

In our experience the most successful agencies are currently working hard on planning or beginning to plan their strategies and tactics for 2017 and beyond.

These plans usually feature things like increasing average fees, improving market share, marketing and PR budgets, staff levels and of course sales and turnover targets and profit forecasts.

However after over 20 years working in the industry, I still find it amazing how many estate agency owners and managers don’t have a business plan they review regularly or make no allowances or plans for new homes income. Especially when there’s never been a better time to do it.

Business Planning questions to consider include:

  • How are you going to maximise more of the new homes market share in your area?
  • What budget do you have for building contacts and partnerships with the house building community?
  • What’s your marketing plan to make sure you stand out  to house builders and developers when they have new stock to sell?
  • How will you grab the attention of housing associations which often have hundreds of shared ownership properties to be sold?

Why land and new homes?

New homes generate more income opportunities than simply selling a second hand / already lived in home.

It opens up much more lettings business, as a large percentage of new homes are bought by landlords and by being involved during the sale you stand a high chance of securing the lettings instruction.

Other opportunities include second hand sales, if someone has a property to sell locally to fund their purchase of a new build you’re already in a conversation to win that instruction to.

There is also scope for additional services including part exchanges, conveyancing and mortgages. Perhaps best of all, many of the builders and developers and indeed buyers of these properties are more likely to come back to you in the future resulting in repeat business.

If you are already thinking about land and new homes then great. If you are thinking about it but feel you need guidance and support in what can be a new area for many agents then even better.

Because that’s what the Land and New Homes Network are here for, to support, educate and consult our members as well as open opportunities for referrals across the UK through collaboration with other network member.

Many of our members have their plans in place for 2017, including with our help, how they will build their revenues using land and new homes as a lucrative income stream.

Finally, if land & new homes doesn’t feature in your business plans – you are making a major mistake as it’s THE growth market.

Championed by the government and driven by strong demand, land and new homes is a growing market for agents – one that’s set to deliver long-term returns. And now, it’s easier than ever to get involved.   To find out how the Land & New Homes Network might be able to help you tap into this lucrative market, please get in touch.

goals
View all articles

Dates for the diary

5 June 2024

LNH Masterclass London

Designed for independent estate agents who want to learn more about running a successful land and new homes operation, our Masterclass days, in association with LandTech, can give you all the insight and information you need.


Read more

12 June 2024

LNH Masterclass Marlborough

Designed for independent estate agents who want to learn more about running a successful land and new homes operation, our Masterclass days, in association with LandTech, can give you all the insight and information you need.


Read more

19 June 2024

LNH Masterclass Birmingham

Designed for independent estate agents who want to learn more about running a successful land and new homes operation, our Masterclass days, in association with LandTech, can give you all the insight and information you need.


Read more

Always provides key improvements to our business.  Thanks as always.

Pep De Fazio – Homes

What’s best about the Land & New Homes Network?   The firepower it brings, and the confidence it gives you.   I really can’t praise it enough.

Rob Price – Homes Estate Agents – Hampshire

An excellent workshop. Top tip to be implemented straight away – identify developments to promote our rentals team.

Steven Harvey – Oasis Estate Agents – Middlesex

Land & New Homes Network have helped me and my business take it to another level over the last year. The support from the whole team has been greatly appreciated with Kevin & Ian always on hand. I would recommend other forward-thinking agents to consider the network as a large part of their business. It’s not gift-wrapped for you, but the support, collateral, and connections give you an opportunity to make it a real success.

Matt Nicol – Nicol & Co – Worcestershire

A fantastic business that delivers everything it promises a no brainier for good independent Estate Agents

Will Smith – Complete Land & New Homes

I have been working with Kevin as a member of The Land and New Network since October 2017. I have found his advice and guidance to be second to none. Through Kevin’s insight and advice Orchid have started to build a strong land and new homes division. Kevin is a true professional in his field.

Matthew Bennett – Orchid – Hertfordshire

Both Kevin and Ian have an in-depth knowledge of this field, along with countless contacts, that have been instrumental in allowing us to grow our Land & New Homes division. The network allocates time for us to meet regularly and discuss our strategies, and ongoing projects, with a big focus on accountability.

Neil Leahy – Butler & Stag

Subscribe to our monthly newsletter

We produce a regular email that's packed full of incisive comment and industry news.
Subscribe today.

Explore more

Services

Members’ Hub

Contact