Editor's note: This brief was summarised by The Property AI Newsroom from a report by PropertyWire. Read the original article for full details.
Senior Property Professionals Take Key Roles at Brokerages and Franchises
Three established property professionals have taken up new positions across the UK residential sector, highlighting ongoing shifts towards brokerage and franchise models.
Andrew Farmer, formerly a director at Hamptons with over 25 years of estate agency experience, has joined Moveli. Farmer, who specialises in the Kent property market, is the latest senior agent to move to a brokerage model. Moveli’s approach offers agents national branding and technology support while allowing independent working arrangements.
Lettings franchise network Sourced Living has appointed Nicola Edwards as business development manager. This follows the addition of 16 new franchisees to its network this year. Edwards will support franchisees in business development and compliance, and will work with them on acquisitions through the company’s Assisted Acquisition Programme, which helps with the purchase of established lettings agencies and property portfolios.
Property management firm Principle has opened a new office in Manchester and appointed Matt Kirk as property director for the North West. Kirk has around 20 years of experience in residential property management and previously led the expansion of Rendall & Rittner’s Northern operation. Principle aims to manage more than 5,000 homes in the region by 2028 and has already secured an instruction on Urban Splash’s Albert Mill conversion in central Manchester.
These appointments reflect broader changes in the property industry, with experienced professionals moving towards alternative business structures and franchise networks expanding their regional presence.
Source: PropertyWire