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TODAY'S OTHER NEWS

New zero-fee agency franchise network launches 

A new mobile-based agency franchise network has launched, offering agents zero fees and what it describes as the choice of remote, hybrid and high-street options.

The brand is called gLocalAgent and describes itself as the UK’s first £0 self-employed mobile or hub-based agency.

It appears to be run from the same offices and by some of the team behind online agent 99Home.

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Agents will have access to in-house developed property portal listing software and a CRM powered by gLocalAgent, the brand said in a statement.

In-house social media and marketing teams will assist agents with their marketing campaigns and lead generation and there are no joining or monthly fees as well as a free training programme to get started.

Agents will be able to set their own fees and keep up to 70% of their commission, gLocalAgent states on its website.

A statement from gLocalAgent said: “Seeing the current market situation, where inventory is very low, agents are struggling and it is hard to pay monthly outgoings such as license, infrastructure and franchise fee. 

“gLocalAgent has created a platform for mobile agents to start their own estate agency with £0 investment. gLocalAgent is designed to give agents the complete freedom of running their own business whilst gaining the full support and access of the overall inhouse team at no cost, no monthly or yearly franchise or license fee and no area restrictions which means agents can gain business from any location globally.”

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