Frequently asked questions

There are many things to consider when investing in a franchise and you are likely to have numerous questions. The best thing to do is contact us and we will establish if there is mutual value in meeting up. In the meantime, here are some frequently asked questions.

What is the first step to becoming a Reeds Rains Franchisee?

Email Lee in our Franchising Partnerships Team [email protected] and we will have an initial exploratory conversation to establish some key information to understand if a Reeds Rains franchise is a good fit for you.
If both parties decide to proceed we will then hold a discovery session where we will gather your goals and objectives, take you through the requirements, discuss timelines and the next steps.

Do I need previous estate or letting agency experience to become a Reeds Rains Franchisee?

Although not mandatory, the specific challenges of the Estate and Letting Agency industry are such that previous experience is preferred. If you do not have previous experience we would advise a series of training courses before proceeding further with your enquiry.

Are single and multi-branch opportunities available?

This can be discussed during our discovery session, and our current live opportunities can be found here.

What are the initial franchise costs and fees

Typically, the costs and fees are:

  • An initial set up fee for your exclusive territory
  • Ongoing royalty fee

How can I find out more about the fees?

We are more than happy to talk you through the fees. Specific set up costs will vary depending on the size of your exclusive territory. These can be discussed in our initial exploratory conversation and then in more details in the discovery session.

What will be the structure of my franchise territory?

The key determining factor is the number of residential households. In general there are a set number of ‘chimney pots’ in a territory. This generally means that the rural territories are larger in geographical area & the urban ones smaller. 

How long does the application process take?

It's important for us to get to know more about you - to ensure you're a good fit for our network - but also so that we can be sure that we've answered all your questions and you understand what's involved. That initial discovery session is key to defining the timeline, so once we have a clear understanding of your requirements, we can provide you with a more specific timeline for your needs.

Join us at Reeds Rains

We are a network of successful business people with our feet on the ground

Over 150 years of expertise

Part of the LSL Group
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© Reeds Rains. Reeds Rains is a trading name of Reeds Rains Limited whose registered number is 02568254 and the registered office is at Howard House, 3 St Mary’s Court, Blossom Street, York YO24 1AH.