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North East agents facing young competition?

A North East property group has opened a new office in Darlington following a record-breaking period of growth, suggesting its vying for regional player status.

The Negotiator

darlington youngrps

With profit up 45%, contributing to an overall year-on-year revenue increase by a third, North East-based youngsRPS is vying for the top estate agency spot in the region by expanding into Darlington.

This will be the firm’s seventh branch in addition to its headquarters in Hexham and offices in Alnwick, Newcastle, Sedgefield, Northallerton and Dumfries (where the team cover Scotland in its entirety).

youngsRPS Darlington will provide a wide range of land and property services but mainly focus on residential and commercial sales and lettings.

Robbie Hutchinson, Director of youngsRPS, said: “The pandemic has revolutionised the housing market with people choosing to move away from big, overcrowded cities to areas with more space and flexibility.

“When you add into the mix the recent HM Treasury news about relocating around 1,000 civil servant employees to Darlington and the huge regeneration the Teesside area is undergoing, it’s clear to see why the region is brimming with potential.

“Darlington also boasts a strong property market both residentially and commercially. While rural land and property advice is our heritage and a big part of what we do, we are heavily involved in a lot more town and urban work too.

“It’s a great move for us and provides the vehicle to further raise our profile in County Durham and into neighbouring Teesside too.”

The group’s growth plans goes beyond branch openings, with a commitment to further support the career development of local people over the next 12 months to create a hub where the next generation of property experts can learn and grow.

Hutchinson added: “Darlington represents a key milestone in our strategic growth plan to establish regional property centres across the North that provide both urban and rural property services covering everything from planning, surveying and development to residential and commercial sales and lettings.

“Buoyed by a strong property market, our focus in the next 18 months is to establish our Darlington office, and develop our growing workforce whilst continuing to widen our client base.”

Local property expert, Gabrielle Mckenna, will head up the Darlington branch, alongside the existing Sedgefield office. She is joined by Sales Consultant, Amanda Boynton-Moohan, as well as Residential Lettings Manager, Fiona Roe.

June 14, 2021

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