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New agencies on the rise

publication date: Oct 5, 2009
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Perhaps unusually, the majority of surveys and statistics seem to agree at the moment – the residential property market is recovering. Mortgages are becoming a little easier to obtain and lower property prices are encouraging buyer activity.There is evidence that some of the thousands of estate agents that went out of business, or were made redundant, are ready to give it another go. Estate agency software company PropertyADD tells us that the number of enquiries they are receiving from start-ups is at an all-time high.

Martin Smith, MD PropertyAdd“We’ve seen a huge increase in interest from sales and letting start-ups,” says MD Martin Smith. The start-up agencies are attracted by PropertyADD’s approach of providing agencies with their management software, website and email together. “It means that we can offer our customers a lot of value for their investment and also keep things simple.”

Prices for PropertyADD help – single user systems start from £23 per month and websites are available from as little as £595. Despite the low cost, the sites still offer an impressive level of functionality, including a property search, online content management and some handy integration with the software that allows contact records to be created automatically for applicants registering online.

Len Thomas of LWT Estate Agents in Powys, agrees. He told us, “I wanted to take advantage of the improving market, but I’ve never been very good with computers. The PropertyADD system is very straightforward. It’s saving me a lot of time.”

Martin has written a White Paper, ‘Choosing the Right Technology as a Start-up Estate Agency’. He says agents are looking for more modern and flexible ways to do business and that, “Online software and intelligent websites are key to this.”

For the White Paper go to