Belvoir adds its 313 sales and lettings branches to Boomin

first_imgHome » News » Agencies & People » Belvoir adds its 313 sales and lettings branches to Boomin previous nextAgencies & PeopleBelvoir adds its 313 sales and lettings branches to BoominEstate agency group has also announced that it will pay back staff whose salaries were cut during the lockdown months.Nigel Lewis3rd December 20200714 Views Belvoir and all its sister brands have signed up to Boomin just 24 hours after it revealed its latest results.The announcement adds 313 offices to the Bruce brothers’ property portal including the sales and lettings branches of Belvoir, Northwood, Newton Fallowell and Lovelle.But each of Belvoir’s franchisees will be treated as founder agents by Boomin.This includes a free share allocation, pre-agreed discounted fees until 2024, free use of the portal until 2021 and higher revenue share rates also until 2024.“The team at Boomin have been exceptionally pro-active in sharing their plans and vision for the future and their investment in technology,” says Dorian Gonsalves, CEO of Belvoir Group (pictured, above).“Partnering with agents is a positive step and we look forward to working with the Boomin team to help drive revenues through our franchise network.”Staff pay cut returnedThe announcement by Belvoir comes just 24 hours after it published its latest trading results which revealed that it’s ahead of the company’s pre-Covid expectations for 2020 with profits up in its property and financial divisions by 10% and 11% respectively during the first ten months of the year.The company is also to reimburse all its head office staff who took pay cuts during the lockdown.This includes all employees earning over £25,000 who took a temporary pay reduction of between 20% and 30%, depending on seniority.“This year has demonstrated beyond doubt the incredible resilience of our franchise business model,” says Gonsalves (pictured)“I am immensely grateful to our all our employees who have worked tirelessly to support our networks of property franchisees and financial service advisers through this challenging period.”Belvoir CEO Dorian Gonsalves Belvoir December 3, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more