Home » News » TPFG offers its franchisees recently-launched block management platform

TPFG offers its franchisees recently-launched block management platform

First revealed in July, B-hive enables estate agencies to enter the local block management sector via a supported, white-labelled service.

Nigel Lewis

tpfg b-hive block management

Block management platform B-hive has struck another milestone deal this time with franchised estate agency giant TPFG.

B-hive will now be offered to the agency’s hundreds of franchises within the company’s five brands including Martin & Co, Ellis & Co, C J Hole, Whitegates and Parkers.

Several offices have already signed up to the platform and, following training, are about to begin start trading via B-hive, which is a subsidiary of 20-office property management giant HML. It launched the service in July this year.

B-hive is a fixed-fee service that enables partner agents to trade using their own brand, supported with training, software, service charge accounting, marketing support, compliance and help winning new business.

“In the same way most estate agents have over the years added Lettings and Financial Services to their service offering, we believe that with the right partner block management is the next discipline that will be added,” says Gareth Samples, CEO of TPFG.

“Block Management is a fragmented market best served by local operators.”

Both TPFG and B-hive are keen to stress that the platform is not an outsourced service provider, operating independently from HML, which itself manages over 85,000 units within England and Wales.

In August TPFG rival Belvoir also signed up to the platform, similarly rolling out the offering across its 340-branch network including Northwood, Newton Fallowell, Lovelle, Nicholas Humphreys and Belvoir.

David Brown, the recently-retired CEO of Marsh & Parons, has been working on a consultancy basis for B-hive for a 18 months helping them get the proposition right for agents and developing its ‘proof of concept’.

December 6, 2021

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