Hunters has today claimed that last year it became the third largest estate agency by number of properties sold SSTC following a robust performance from its business last year.
The company says the claim is based on Rightmove figures which show that it sold almost 11,000 properties last year, placing it behind Purplebricks and Countrywide.
Its CEO Glynis Frew has also revealed that the company is about to announce a major investment in tech to improve productivity and its CRM capabilities.
Its sales operation helped the franchise-focussed chain enjoy a strong year last year which included overall group revenue up by 7% to £42.4 million.
Hunters has also been opening branches at a galloping pace with 20 new high street launches last year.
This is in stark contrast to its rivals including LSL, which last year closed, merged or transferred over 100 branches. Hunters now has 206 offices across the including those acquired following the opening of its first covering Scotland in October last year.
Hunters helped its branches acquire seven lettings portfolios over the past 18 months which helped boost the company’s overall network lettings income by 12% last year.
“These figures come against the backdrop of the tenant fee ban introduced in June of last year,” says Glynis Frew, its Chief Executive (above).
“Market conditions were challenging in 2019 but we executed a carefully considered strategy to deliver yet another set of fantastic results.”