The NEXA Properties Group has opened its sixth UK office in Liverpool, with plans for four more territories, as it looks to disrupt the property market.
NEXA describes itself as a ‘different type of estate agency’, with a local industry professional provided to act a dedicated account manager – a single point of contact for the client. The aim is to ensure that buyers, landlords, sellers and rental applicants only ever deal with one agent.
With a wealth of experience in property development and the local area, Peter Cranney, director North West, will head up the new office on Castle Street in central Liverpool.
NEXA agents operate under a results-based structure, and are only paid on completion, which means they are always driven to sell the property, according to Cranney.
He said: “Thanks to our unrivalled experience within the property industry and wealth of local knowledge, NEXA Liverpool is disrupting the property market, proving to be the best in our field and setting new standards for property transactions throughout our historic city.”
Comments (16)
Disruption seems to be happening at a certain level of agency. Having watched disruption since 2013 it all seems to happen somewhere between list for a fee, no advice, true to itself FSBO/ Passive intermediary listing and full duty of care and skill estate agency.
It’s unlikely NEXA will disrupt the whole property market but it is easily possible to disrupt the intersect between professional estate agency and PI listing by being more professional than the other agents in that cohort.
I see that as a very narrow seam to mine as it’s neither fish nor fowl, full service is for those that want what full service is, teams of experienced and accessible professionals whilst list and leave is for those who have the courage/conceit to do it themselves ( and who will still benefit from the sales management of others in related transactions whether other full service agents, proactive conveyancers or teams at developers and asset management companies )
Plus it’s really difficult to do everything on your own without it being a capped lifestyle type thing where you pick and choose clients ( good luck with that in this market ) and only run a pipeline that you can manage whilst doing everything else as well.
it is incredibly narrow but that reality doesn’t fit the ambition or rhetoric..
It’s all ambition and rhetoric, nobody has made it work other than full service at any scale, granted there will be career agents firmly embedded in their communities who can and do make a living but I’d wager that most of those individuals got that reputation through competent full service previously in their careers.
I didn’t thumbs down you by the way 🙂
Right lads, we’ve had thousands of years of evolution to get us to this point, sOd that, let’s bin off all the lessons learnt getting thus far and Disrupt!!
They’ll never see it coming.
Yawn!!
NEXA agents operate under a results-based structure, and are only paid on completion, which means they are always driven to sell the property, according to Cranney.
First they have to get the instructions and then hope that it is saleable! Another operation selling a dream based on what, certainly not facts as no-one has succeeded with selling the same idea in the last few decades. Another conspiracy theory operation with people livelihoods at risk. Only paid on completion ….. cannon fodder for those at the top to get rich?
Knowing some of their current agents i would would say the agents in Liverpool have nothing to worry about.
“a single point of contact for the client. The aim is to ensure that buyers, landlords, sellers and rental applicants only ever deal with one agent”
…….until they go on holiday, or leave the business.
Nice idea, but so tough to deliver in reality.
Another “different type of estate agency” LOL
I have to say, NEXA are fantastic, Jamie Gray is a talented leader of the business and has built a brand/culture that will stand them in good stead. Wishing them every continued success.
Certainly established a decent track record in all aspects of the property business in a family team,student accomodation provider
If I had a quid every time I heard an agency use the word ‘disrupt’ I’d never have to sell another property again. The only winner with agents being motivated to sell quickly is the agency. This smacks of coming high pressure tactics to coerce a sale through. When will we see a story focussed entirely on vendors and not what an agency is going to profit.
Another estate agency disrupter, there seems to be an awful lot of them about at the moment!
Everyone deserves a dream! I doubt whether this one will drift far from the pillow … or the bedroom.
Nexa Liverpool ‘is disrupting the market’
hope to, plan to, might but not ‘is’ 🙂