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Agencies & People

Hybrid agency snaps up sales arm of high street competitor

Hortons has acquired the business of former rival Fothergill Wyatt, which will now pass on leads from its lettings business.

Nigel Lewis

hortons estate agency

Growing hybrid estate agency Hortons has acquired the sales arm of competitor Fothergill Wyatt, helping make it one of the largest independent firms in the Midlands covering eight counties.

These are: Leicestershire, Nottinghamshire, Derbyshire, Oxfordshire,  Warwickshire, Northamptonshire, Rutland and  Cambridgeshire.

Fothergill Wyatt was established in 2010 in the Leicester suburb of Stoneygate and has built a big reputation in the city and bagged some high-profile sales.

One of its directors Nicol Nightingale, says the sale will enable her company to strengthen its focus on building the agency’s asset management portfolio and residential lettings department.

She also reveals that her firm and Hortons have agreed on a collaborative ongoing working relationship that will see Fothergill Wyatt refer sales clients to Horton.

She adds: “We are pleased to announce the sale of our sales division to Hortons, another independent agency that shares our core values for putting customers first and delivering high-quality service.”

Award winning

nightingale estate agentsNightingale (pictured) won a regional business Rising Star Award in 2017 at a ceremony hosted by ITV news presenter Emma Jessonand and in 2019 was voted a top female business person in that year’s FSB award. Before joining the estate agency in 2018 she worked for the city’s biggest student lettings agency, Sulets.

Fothergill Wyatt was founded by Sarah Wyatt and David and Peter Fothergill. Only Wyatt remains listed as a director.

Hortons operates from a non-branch office in central Leicester via a network of agents who run their own businesses via the Hortons brand and platform and currently has 15 opportunities on its website for agents wishing to embrace this increasingly popular model.

Read The Neg’s recent interview with Adam Horton.

January 28, 2022

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