Owning a lettings franchise
How did Martin & Co start?
Richard Martin was on holiday in Portugal in 1993 when quite by accident he picked up a book on the world's most famous franchise, McDonalds. On reading it from cover to cover, he realised the truth that successful franchise brands depend upon rigid consistency in applying the business model. He was running training courses at the time which led to some of his most gifted delegates being offered the opportunity to set up their own Martin & Co office under Richard's direct supervision.
How do I find out more about the franchise?
Do plenty of homework and make sure the business model is right for you. Remember that the franchise system enables someone to start up on their own and lock-in to a huge support network. It eliminates much of the stress, worry and uncertainty of going it alone - which can often be a lonely and highly risky route. But also remember franchising is not a quick fix. It requires hard work and commitment.
Do I need property experience?
Most Martin & Co franchisees have little or no lettings experience. Some were landlords themselves prior to purchasing a franchise. Many have developed their own portfolio of rented properties with the expertise they have acquired in the franchise. But Martin & Co prides itself on transforming property virgins into property professionals who can generate fees from their knowledge.
As the largest franchise network of letting and property management agents across the UK, what has made Martin & Co so successful?
Every franchisee who joins is vetted to ensure they will be committed to maintaining the very highest standards of service and professionalism. You cannot compromise the values upon which the business has been founded. The brand and reputation is everything. It's hard to earn and easy to lose! Our comprehensive on-going training and support ensures franchisees and their staff are able to deliver cutting edge service.
What advice would you give to someone who has recently joined a franchise?
Listen to your franchisor. Their sole aim is to make you (the franchisee) successful. They have experience and will have overcome all the problems you are likely to face. The franchisor is your senior business partner, treat that partnership with respect and it should serve you well.
