Propertymark launches agency savings calculator

Propertymark has launched an interactive calculator enabling estate and letting agents to estimate the financial value of its Company Advantage packages.

The online tool calculates potential savings on agency essentials alongside revenue that firms could generate through services included within the scheme.
Users enter details about their business to receive a personalised estimate covering professional indemnity insurance, cybersecurity, accountant reports and compliance support.

The launch comes as agencies face higher operating costs, additional regulatory obligations and continuing investment requirements across technology and staff development.

AML CHECKS COULD GENERATE £15,750

Company Advantage packages include Anti-Money Laundering check tokens, which agencies can use as part of their customer due diligence processes.

Propertymark estimates that, depending on the package selected, agencies could generate as much as £15,750 annually from AML checks.

The calculator also includes potential income from Propertymark Connect, a referral network through which agents can introduce clients to property professionals and related service providers.

Propertymark says a single completed referral could potentially cover the cost of an agency’s annual Company Advantage subscription.

COMMERCIAL VALUE HIGHLIGHTED

Nathan Emerson (main picture, inset), CEO of Propertymark, says many agents continue to regard professional membership primarily as a source of compliance and technical assistance.

“Company Advantage goes much further,” he says. “It helps businesses reduce everyday costs while creating opportunities to generate additional revenue through services such as AML checks and Propertymark Connect.

“The new calculator demonstrates that value in a clear, personalised way, giving agencies the information they need to make informed business decisions.”

Company Advantage also provides access to legal and HR advice, professional documentation, marketing resources and preferential rates on selected business services.

Emerson adds: “At a time when every pound counts, we want to show that professional membership isn’t just an investment in standards; it can also deliver measurable commercial value.”

The calculator is now available through Propertymark’s website for agents assessing whether the packages could reduce expenditure or produce additional fee income.

Calculate how much your agency could save HERE.

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