Coldwell Banker, one of the world’s longest established, most trusted and successful estate agents, is seeking ambitious and motivated individuals to join them as franchise partners.
Within four weeks of its official UK launch the company has recruited its first three franchisees in London. Established in the US in 1906, the company now has 3,000 offices in 44 countries worldwide specialising in the sale, rental and management of luxury and prestige properties. In America the firm is well known for selling properties of celebrities and famous public figures including two of the world’s most expensive properties.
GBRE the master franchise holder for Coldwell Banker in the UK said: “Our franchise offers a unique opportunity to become part of a global network of property agents with a 100-year track record of success. We specialise in the middle to upper end of the property market so the financial rewards for the right person can be very good indeed. Ideally we are looking for candidates who are already in the estate agency sector but looking for that chance to become their own boss with the support of one of the world’s most respected estate agents behind them. We will also consider applicants from other backgrounds but they must have exceptional business acumen and people skills.”
“Our first three franchisees are in the London area but we are looking for candidates throughout the UK. Our target is to have 100 UK-based franchisees in the next five years. They will all be in prime city locations where there is sufficient stock of prestige and luxury homes.”
The franchise fee is £25,000 and applicants must also have adequate working capital and funds to lease or rent office premises from which to operate. Full induction training in the Coldwell Banker methods of selling property will be provided by the franchise management team in the UK. The firm was one of the first estate agency networks to embrace new technology and franchisees will benefit from state-of-the-art IT systems such as the company intranet and extensive marketing resources library.
The GBRE management team have a combined 100 years experience in the estate agency sector including building one of the UK’s largest estate agency networks.