Winkworth has demonstrated resilience in its latest interim results for the first half of 2020, with increased market share after adapting quickly to a changed environment and lockdown.
Lettings agents will be facing a number of challenges over the next few months as the impact of the pandemic continues.
Maintaining a high profile online is key to growing a successful business. The digital marketplace is costly and fast-moving and many independent agents find it hard to compete with the big marketing budgets of corporate competitors. You may be offering the very best service and have unrivalled knowledge of your area of operation but if potential customers cannot find you, you will struggle to grow.
The Government’s latest mini-Budget, with its headlines on stamp duty changes, a £2bn green homes deal and initiatives to create jobs, meant estate agents needed to get up to speed instantly on the details behind the Chancellor’s announcements.
Winkworth is now actively looking for the next generation of franchisees to join our 100-strong network as we expand our operations in key locations nationwide.
Being part of a network with an established brand brings strength and support during these uncertain times. With people considering major and lifechanging moves, Winkworth franchisees will provide a seamless service to handle customers’ requirements every step of the way – making it a very attractive solution for the customer.
Lockdown has brought enormous challenges for agents to carry on working in extraordinary circumstances. It has also created time for reflection on the future and which direction you might want to consider.
Winkworth is rolling out free video valuations to clients who are considering a future house move. Below we see how it is working successfully for some of our offices.
Ajay Bathija, director of the Winkworth Kingsbury office in North West London, and his team of nine staff made more than 250 sandwiches and helped to distribute them to the homeless in Central London on two occasions over the past couple of months. They used the kitchen at their office to make up the cheese sandwiches, working with homelessness charity Being Giving.
Earlier this week Winkworth announced a positive set of results for 2019 despite continued political uncertainty during the year and a good trading start to 2020 prior to the Covid-19 outbreak.
Winkworth Reading have expanded their already impressive lettings and management portfolio by acquiring local lettings agency AMPM. The portfolio includes a mix of flats and houses, all within a five-mile radius of the Winkworth Reading office and is made up of over 80 landlords.
Property has always been and remains a heavily male dominated sector. Historically, the franchise industry has been the same, however as the franchise sector broadens and funding becomes more accessible, the dynamic is starting to shift, with more and more women entering the industry and starting their own businesses. Winkworth is no different.
