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TODAY'S OTHER NEWS

Franchise firm claims home-based agents could earn £25k pcm

A new recruitment push by franchise agency operation HomeXperts says its agents - who work from home - earn invoiced commissions of up to £25,000 per month.

HomeXperts claims to convert eight out of 10 market appraisals to business, compared to an industry average of around a third, while they sell at 98 per cent of the original asking price compared to an industry average of 90 per cent.

Franchises are believed to typically begin at around £10,000. The company’s latest pitch to recruit more franchisees says it is seeking “determined self-starters” and promises to provide training and support.

“Our top earning franchisees have earned over £25,000 in invoiced comissions in a calendar month” it says.

Earlier this year HomeXperts recruited a former Countrywide, Sequence and LSL director, Mike Gowland, as its operations director, and announced new franchisees covering Dorset, Gloucestershire and Oxfordshire.

In late 2015 the firm - which then had fewer than 30 franchisees - secured a £250,000 business loan with the aim of expanding to over 40 areas.

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