CEO reveals why he said goodbye to three well-known estate agency brands

first_imgThe recently-arrived CEO of a large northern property company has revealed why he decided to rebrand all his estate agency businesses under one roof, leading to the loss of several well-known names including 30-year-old firm Smeatons.Richard Rankin, boss of Carlisle-based rural business giant the H&H Group, replaced Brian Richardson last year as CEO.The firm turns over £14.7 million a year and recently announced that its property business had been restructured around nine branches.But this included the loss of three estate agency brands; Smeatons, H&H King and Michael CL Hodgson, which have all been rebranded as H&H Land and Estates.Originally a farm stock auctioneer, H&H Group now includes half a dozen different businesses including land, printing, surveying, insurance and estate agency.RestructureRankin, who arrived at the company in July 2018 to take the top job, says he wants to bring all the company’s different activities closer together and has now restructured the business, starting with its property operation.“You no longer find an estate agency over here and a land agency over there – each of our offices is now a hub, a one-stop-shop,” he told local media.“We’ve brought all the teams together and up-skilled everybody so customers now have a full breadth of experience. It has been about creating consistency, a feeling people can come to us and we’ll sort it.”Rankin remains positive about the future despite today’s challenging trading conditions, with uncertainty about the impact of Brexit set to hit the group’s financial results, which are due out soon.Last year the company had an operating profit of £940,000 on a turnover of £14.71 million.Read more about H&H Group.   H&H Group Smeatons Richard Rankin October 15, 2019Nigel 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 Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » CEO reveals why he said goodbye to three well-known estate agency brands previous nextAgencies & PeopleCEO reveals why he said goodbye to three well-known estate agency brandsNorthern property and auctions giant the H&H Group’s boss Richard Rankin explains why the business had to be restructured.Nigel Lewis15th October 20190878 Viewslast_img

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