Excellent news for property service franchise
People aware of the UK property market know that it has been facing a bad time. An independent agency that charts the value of UK property, the Royal Institute of Chartered Surveyors (RICS) has been watching a diminishing housing market across the country for more than a year. For a long time, they have been using negative headlines for their monthly reports like “Sales Fall Further with Little Sign of Respite” and “Price Balance Drops Further into Negative Territory”.
Effects on franchise business: Franchisees and franchisors engaged in the business of property services or home repair are not affected by the long term housing slump. In fact, some analysts said that people engaged in home repair work are gaining an advantage from these crises as people are unable to purchase or sell homes and ultimately have only the choice of renovating their home.
In the present scenario, things are difficult but not impossible. However property service franchises are still finding business.
Franchise opportunity: It is important to know that business opportunities are available and potentially lucrative which can have an effect on property service franchises. There are many franchises that are successful and are in position to earn profit in the present situation.