Property SigNATure: It’s time to get this profit party started, agents told

Property SigNATure: It’s time to get this profit party started, agents told


Todays other news
Average UK monthly private rents increased by 7.7% in the...
Inflation slowed to 2.6% in the year to March says...
Renters’ budgets remain strong while rent levels are holding firm...
The claim comes from a company called COHO...
The trade body has its say on government welfare changes...

To read some of the headlines in the trade press (guilty as charged) you’d be forgiven for thinking that there was a dark cloud hanging over the Private Rented Sector at the moment.

There are stories of landlords leaving in their droves, hounded out by high mortgage rates, hikes in taxation, pro-tenant legislation, mandatory energy efficiency costs, hefty fines for non-compliance and an epidemic of local authority licensing schemes.

In short, a catalogue of doom and gloom for landlords and a generous selection of reasons not to get into the lettings business these days.

Given all that, you might also be forgiven for thinking that an equally deep depression has descended upon letting agents – after all, they depend on landlords for their livelihoods.

So, when I was invited to a gathering of hundreds of letting agents last week, I didn’t exactly know what to expect but I was fairly sure the mood would be sombre at best.

Mentally prepared to lend a sympathetic ear while adopting an understanding tone, I boldly ventured forth to the Marriott Hotel at Heathrow, at 09.00am last Thursday morning, checked the events board, followed the signs and entered the conference room.

The music was blaring, the people were on their feet, punching the air with enthusiasm – spellbound.

I must have come in the wrong door, I thought to myself. The letting agents conference must be down the corridor.

But no.

This was a conference, Agent Rainmaker-style. This was #ARLive 2024 and this was a happening thing!

More reminiscent of a MAGA Rally (without the caps) or a star-studded Democrats Convention – this was motivated, this was energetic, this was LOUD!

Even more than that, everybody seemed to be excited. Excited about their business, the opportunities for growth, the potential for higher profits.

There is a popular misconception abroad that the British are reserved, they don’t show enough emotion and they never, ever, like to talk about money.

Agent Rainmaker herself, Sally Lawson, will tell anyone who wants to listen that she’s helped agents to add more than £78m in additional revenue to their businesses and she’s happy about it!

Sally Lawson, Agent Rainmaker

When it comes to marketing, no-one puts Sally in a corner. And when she talks, agents listen – not least because they’ve paid for the privilege.

Running an agency should be about profit not process, she says. Enjoyment, not endurance.

The delivery might be a bit American in style, so what? Wouldn’t you want to take a lesson in business from the largest economy in the world?

What is undeniably brilliant is that Agent Rainmaker gets people thinking about the possibilities for their businesses, gets them energized, gets them believing in a sector that the nay-sayers have written off.

We could all do with that level of positivity – it’s infectious, it makes things happen, makes you think anything is possible.

Hamburger, anyone?

Guest speaker…Rightmove’s Legal & Compliance Director, David Cox

Until next time,

N

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Agency chain Arun Estates has launched an AI Virtual Staging...
LRG has introduced its Enhanced Neonatal Care Leave Policy...
Agency branches using this tool can appear in Google Maps...
The Zoopla ads will run across April and May...
The BoE has come to a decision on interest rates...
The removal of temporary rent controls may make buy-to-let more...
The Welsh Government is backing the call for a 'compensation'...
Recommended for you
Latest Features
Average UK monthly private rents increased by 7.7% in the...
Inflation slowed to 2.6% in the year to March says...
Renters’ budgets remain strong while rent levels are holding firm...
Sponsored Content
With less than a month to go until the UK...
The UK government has implemented 16 financial sanctions rule changes...
The owners of the Rentman software application (for property Lettings...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here