Partner Agent Prospectus

Estate agency of the future is here, now.

Introduction
Newman Property Experts have changed their business model and moved away from
the traditional UK estate agency model of employing staff and moved towards the
model used in most other parts of the world including USA, Australia & South Africa,
where self employed ‘Partner Agents’ work under a company brand and run their own
business.

How does the ‘Partner Agent’ model work?

This is an exciting opportunity to be your own boss and run your own business with
the support of a recognised, professional brand. Newman Property Experts provide
all the back office support, administration, marketing etc, leaving the Partner Agent to
focus on the key earning areas of listing and selling properties. This model provides a
low cost and low risk entry to a business, which provides excellent financial rewards
and the lifestyle that most people dream about.

Why don’t I just open my own estate agency business?

Setting up a business and opening an office is expensive, time consuming and risky.
Many good estate agents have opened their own business, only to close down with
hefty losses. The business owner has to deal with advertising, marketing, recruitment,
ordering supplies, invoices, wages, sales calls, complaints, accounts etc. Running a
business is a full time job and doesn’t leave much time for listing and selling homes.
Even if the business owner does manage to generate income, much, if not all the
income can disappear covering costs, giving little or no profit, or worse still losses.
Our model means all the business issues are taken care of, leaving the Partner Agent
to focus totally on the income producing activities. With minimal costs, most of the
income is profit.

Financial Rewards
You will earn 50% of the fee for any properties listed and sold by you. Based on a fee of
£3,000 you would earn £1,500. Assuming you listed and sold just one property a week
(50 a year) you would earn £75,000 per year. However if your average fee was £4,000
and you listed and sold two properties per week (100 a year) you would earn £200,000
per year.

Mortgage Referrals
We work with Mortgage Advice Bureau who pay us 25% of the case value.
On a £2,000 case we would be paid £500 and 50% would go to our Partner Agent
(£250). Just 4 completed mortgage cases per month could generate £1,000 which is
an additional income of £12,000 per year.
Conveyancing Referrals
You will earn 50% of the referral commission. Based on the £300 paid by one of our
recommend conveyancers, you would earn £150 per transaction. If a client is buying
and selling (two transactions) you will earn £300. Based on 50 clients using our
recommended conveyancer for buying and selling, you would earn an extra £15,000
per year.

What are the set up costs?

Many franchises would charge over £10,000 for a business opportunity like this.
We do NOT charge anything upfront to become a Partner Agent. We do ask for a
contribution of £125+vat for your personalised for sale signs.

What are the ongoing costs?

Like any business there are costs, however our aim is to keep these to a minimum.
The only charge we make is a nominal monthly ‘license fee’ which is just a small
contribution to our costs. We take care of all the major costs such as head office
costs, admin support, Rightmove, marketing material, web site, software, for sale sign
movements etc.

We do encourage Associates to invest in their business and promote themselves. This

can be done through additional personal marketing and social media etc.

Would you be suitable?

This business model is not suitable for everyone.
We are looking for ambitious and entrepreneurial individuals (or couples) who are
hardworking, self- motivated and have a strong desire to be successful. You must have
a friendly and very outgoing personality and have excellent social and interpersonal
skills. You must also be confident, keen to learn and interested in personal and
professional development. A passion for property and the ability to deliver the highest
levels of customer service are also essential.

The ideal candidates must have a positive attitude, be proactive and be solution
focused. Experience in estate agency is not required as full training is provided. It is
also highly desirable that Partner Agents live in the area that they will cover.

What’s next?
If you are passionate about customer care, have a real desire to be in the property
industry and have a genuine need to earn a substantial income, then contact Brendan
Petticrew, Managing Director on 07989 596836 or email brendan@newmanpe.co.uk
Personalised marketing material Lee Bosley
property expert
mobile: 07795 558041
direct: 01788 820006
office: 01788 820000
lee.bosley@newman.uk.com

1 Regent Street, Rugby, Warwickshire, CV21 2PE

Recent Examples Of Our

Open House Success.

Long Hassocks, Coton Park Bonnyrigg, Harborough Magna

• Days on market - 14 • Days on market - 14
• Viewings - 14 • Viewings - 17
• Offers - 6 • Offers - 5
• Sold over asking price - £36,000 • Sold over asking price - £20,000

Abbey Street, Rugby Yates Avenue, Rugby

• Days on market - 14 • Days on market - 14
• Viewings - 53 • Viewings - 35
• Offers - 14 • Offers - 19
• Sold over asking price - £22,000 • Sold over asking price - £18,000

Kirkistown Close, Rugby Constable Road, Hillmorton

• Days on market - 14 • Days on market - 14
• Viewings - 17 • Viewings - 11
• Offers - 7 • Offers - 4
• Sold over asking price - £8,000 • Sold over asking price - £25,000

Lodge Road, Rugby Manor Road, Rugby

• Days on market - 14 • Days on market - 14
• Viewings - 72 • Viewings - 15
• Offers - 32 • Offers - 4
• Sold over asking price - £22,500 • Sold over asking price - £15,000

Oxford Street, Rugby

•
•
Days on market - 14
Viewings - 23
Matt and Summer
• Offers - 6 07597 666006
Sapcote, Leicestershire Percival Road,
• Hillmorton
Sold over asking price - £22,000
• Days on market - 14 • Days on market - 14
• Viewings - 6 • Viewings - 72
• Offers - 3 • Offers - 32
• Sold over asking price - £25,000 • Sold over asking price - £50,000

Wishing you every

happiness in your new
properties needed in Whitnash home.

SOLD SOLD SOLD

Via Open House Via Open House Multiple offers

Lee Bosley
01788 820006 for sale
Molly Tyler
01926 436139
SOLD SOLD SOLD
Multiple offers Multiple offers Buyers waiting Matt Mellor Summer Newman
01788 820007 01788 820001

1. The photos on your property’s 4. Your estate agent isn’t working

online listing aren’t up to scratch
With more and more people searching for property online,
photographs play a significant role in attracting would-be
buyers.
It’s hard to be objective about your own home, so get a
friend to look at the photos on your property’s listing and
give some frank feedback. If they don’t think the photos
are working hard enough, ask your estate agent
whether there are any more images to choose from or
even whether they could take some new ones.
Before the photographer comes round, make sure that
rooms are brightly lit and clutter free - remove bins, open
curtains and make beds at the very least - as small
touches make a big difference.
hard enough
Get a friend to phone your estate agent pretending to be
a potential buyer to see if they mention your property.
If they don’t, you should definitely consider switching
agents.
If they do, your friend could book a viewing and then
gauge how hard - or not - the agent works to sell the
property during the viewing itself. Before deciding to
change agents, do check your contract as you may be
bound by a tie-in period.

6 reasons why your house isn’t 5. It’s the wrong time to sell

selling
Are you trying to sell in a slow market? If so, it might be
2. Your property isn’t being worth taking your property off the market for a while, as
buyers can be put off by a house that’s been up for sale
properly promoted for months.
Find out the most common reasons why sellers struggle to sell their
homes, plus how you can fix them if any
Ensure apply
your home to you.
is listed on Rightmove, the UK’s
biggest portal, as well as being on the estate agent’s own 6. Buyers aren’t aware of the
website.
Other major portals include Zoopla, Prime Location and property’s potential
OnTheMarket. You can also spread the word yourself by
advertising in the local press and web forums (many If there’s potential for a buyer to add value to the house,
areas have Facebook groups or independently run make sure they know about it. Did you get planning
forums). High street estate agents’ offices are still permission for a loft conversion then decide against it?
important, too, so make sure your home has got a Display the plans somewhere prominent during viewings.
prominent spot in the window. Also ensure that you have If you haven’t got as far as that but know neighbours with
a for-sale board outside your house to entice any similar properties who’ve had projects approved, or if it
potential buyers passing by. would be easy to knock down a wall to create an
open-plan living space, ask the estate agent to mention
this. Some buyers need a little help visualising what a
property could look like in the future.
3. Your asking price is unrealistic If you would like to know why your property hasn’t sold,
get a second option on price or would like me to give you
If a potential buyer sees your property but it’s some suggestions on how to generate more interest from
substantially above their budget, they’re unlikely to view buyers please call me on 07793 363210 or email
it. Many people also set a maximum price when nathaniel@newman.uk.com. I look forward to hearing
searching property portals, so if your house is on for just from you.
over a threshold (eg £310,000), buyers with an upper limit
of £300,000 may not see it in their search results.
The best way to gauge your home’s value is to combine
web research and conversations with a range of local
agents. If you decide the asking price is too high, there’s
no shame in reducing it.
Nathaniel Cleaver
07793 363210

Next Step Head Office

To find out more call Brendan 1 Regent Street, Rugby
Petticrew on 07989 596836 CV21 2PE
or email 01788 820000
brendan@newman.uk.com career@newman.uk.com