The agents with 'cash on the HIP'
* Listings per branch
** Margin can vary from £0 to £250
*** Based on 50% of vendors buying on, average conveyancing commission of £150
The above table shows the revenue that can be made by instructing movewithus to provide a HIP
With many agents feeling the effects of the credit crisis and slimming down their operations, providing HIPs and Conveyancing can often seem like a burden. We have developed a market leading service which enables agents to easily add margins to their HIPs and bring in tens of thousands of pounds every year through conveyancing.
Many of our agents, like JK Gordons, have benefited from our ability to attach conveyancing to a HIP instruction.
Juliette Gordon, director at JK Gordons, remarked: “We have been able to generate a steady monthly income through conveyancing, just by passing HIP instructions to movewithus. Compared to other providers, their team manage to convert high numbers of vendors to using conveyancing as an accompanying service, earning our agency thousands of pounds a year.”
Our HIP team has been a market leader ever since the legislation was introduced last year. Complimenting HIPs, our conveyancing service takes care of the legal side of the moving process. Using an accredited panel of solicitors, we liaise between all relevant parties on behalf of the vendor to ensure the sales process is progressed as quickly as possible.
The beauty of our HIPs service is its simplicity. Our innovative online system enables agents to easily add different margins to their HIPs, depending on the home or the market, giving them complete control of how much they can charge for their HIPs. We keep our prices consistent at a competitive £279+vat.
Richard Sweet, director of Sweet Property Services, commented: “Without doubt, the online systems provided by movewithus to obtain HIP and conveyancing quotes is near faultless and our team has found it easy to understand and use. We always add a margin of around £50.00 to each HIP. If one of our vendors arranges their conveyancing in addition, we earn £300.00 from movewithus after completion. It makes a massive difference to our bottom line!”
Our service allows vendors to pay for their HIPs either up-front or through deferred payment although, regardless of the payment method, we pay our agents for their margins and conveyancing fees every month.
In tough times, we’re concentrating on providing innovative solutions designed to speed up the moving process, taking hassle away from our agents and creating steady sources of income.
Go to http://www.movewithus.co.uk/our-services/home-information-packs/
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