Hybrid agencies are ‘in’ right now, especially in the UK, where hybrid agency Purplebricks reigns. One such agency that supports self-employed agents, Agent & Homes, is taking the next step by making a share offer to investors to accelerate growth.
Agent & Homes Co-Founder Rollo Miles, said:
"As we enter our third year of trading, we are extremely proud of the growth we have achieved against the backdrop of a challenging property market and now we are looking to accelerate this growth over the coming period.”
The hybrid agency plans to attract investors while it still qualifies for the Seed Enterprise Investment Scheme even though it has moved passed the startup phase.
Because the self-employed agents have the option to work from home for Agent & Homes, the company says its running costs are low.
Miles goes on to say:
"Our model really is the future of estate agency and we are sure the number of self-employed agents will rise even quicker than anticipated due to the impact of recent events. We are therefore planning to offer shares to savvy investors who want to get ahead of the curve.”
Agent & Homes has survived both Brexit uncertainties and the coronavirus crisis, which has highlighted, according to the CEO, that whether agents are working from home or in an office, the quality of work does not diminish.
"The modern agent does not need a high street presence. Instead, they should be focusing on becoming a client's agent for life, while adapting to modern ways of working and the evolving needs and expectations of consumers.”