Propertymark sees important income rise as membership tops 18,700 brokers – Buzz Credit score

Propertymark noticed turnover enhance by 7.1% to £9.86m final 12 months, whereas rising its membership by 4.3% to 18,711, the newest figures present.

Trying forward, the commerce physique says its priorities are clear: proceed to increase our coaching supply, launch new company and firm membership classes, and proceed shaping the way forward for the sector by coverage, know-how, and requirements.

“Our strategic investments are usually not simply supporting business excellence – they’re shaping its future,” stated Invoice Butler, non-executive chair of the Board at Propertymark. “We’re firmly positioned as architects of a extra trusted, resilient, and forward-looking property sector.”

Propertymark says that its coverage and campaigns workforce carried out over 325 stakeholder conferences, responded to 37 authorities consultations, and delivered 30 parliamentary briefings. Our lobbying helped form key conversations on rental reform, taxation, leasehold reform, planning, financial crime, and power effectivity.

The group additionally remained seen throughout the UK’s political panorama—attending all main occasion conferences and strengthening relationships with devolved governments in Scotland, Wales, and Northern Eire.

Propertymark provides that its public profile reached new heights, with a 111% enhance in media hits and 93 billion impressions, whereas its partnership with Transfer iQ and Phil Spencer continues to construct shopper belief and consciousness of Propertymark Protected brokers.

Nathan Emerson, CEO, Propertymark, commented: “By way of a dynamic mixture of tv appearances, radio interviews, social media campaigns, and podcasts, we ensured that key business messages reached the appropriate audiences on the proper time. These efforts have helped to raise Propertymark’s public profile and reinforce the worth of membership.”

Propertymark {Qualifications} continued to develop, with 7,612 exams sat and 1,418 new certifications awarded. Over 800 audits have been carried out throughout the membership to uphold excessive requirements.

We additionally progressed plans to separate our awarding physique from direct supply, by the launch of Propertymark Studying, providing extra focused assist to learners and companies.

Turnover rose by 7.1% to £9.86m, and it recorded a surplus of £185,000. Propertymark’s money reserves elevated to £7.1m.

Emerson continued: Because the property panorama continues to evolve, we stay dedicated to innovation and long-term sustainability. This 12 months, we expanded our business partnerships to 30 suppliers, offering members with cutting-edge options tailor-made to their enterprise wants. Income generated from these partnerships has been reinvested into increasing our occasions, enhancing digital sources, and bettering member companies.

“In a serious strategic transfer, we’ve invested in eight PropTech start-ups by a collaboration with TDS and Attain UK, making certain that our members have entry to rising applied sciences that may form the way forward for property transactions. Moreover, preparations are underway to launch new company and firm membership classes, providing complete assist for bigger corporations and property companies.

He added: “Our priorities stay clear, enhancing skilled growth, increasing member companies, and driving significant coverage
change. We’ll proceed to advocate for business enhancements, spend money on new sources, and construct on the momentum of 2024 to make sure Propertymark members thrive in an evolving market.

“We prolong our heartfelt because of our members, employees, and companions who’ve contributed to Propertymark’s success. Your dedication and professionalism drive our mission ahead, and we glance forward with confidence to a different 12 months of progress, innovation, and progress.”