Commercial property investors have a new agency to work with if they choose not to operate directly.
The Experts Group has launched a new self-employed model for commercial property agents – a service which will not use major offices and may see agents working from home.
Chief executive Sean Newman says: “The commercial property industry is broken and we’re here to fix it.
“The sector hasn’t changed in decades. Traditional High Street agencies are weighed down by expensive offices, layers of management and an outdated commission structure that shortchanges their best agents. Property owners are left frustrated at not getting the service they deserve.
“We knew there had to be a better way and that’s why we’ve created The Commercial Property Agents – reimagining how a modern agency should work for experienced agents and their clients.”
The model gives the agent 70% of the fee – the rest goes to the corporate centre – and the opportunity to “work from wherever they want, whenever they want, to suit their lifestyle”.
The new company will supply self-employed agents with training, marketing, technology, systems and processes.
Steve Bell, managing director of The Commercial Property Experts, says: “We’ve spoken to countless experienced agents who feel trapped in the current system, watching their hard work fill someone else’s pockets.
“And many property owners tell us they’re tired of chasing unresponsive agents, seeing their properties marketed half-heartedly and dealing with inexperienced negotiators who barely understand the market.”
The company aims to build a network of 100 experienced commercial property experts across the country.
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