YourHIPSearch Personal Search & HIPs Training

Learn how to produce your own HIPs for as little as £66 - £110 each

In a slow property market it’s imperative that estate agents are making as much money as possible out of their existing business practices and other property related services. The provision of Home Information Packs is one such area where estate agents can bring in substantial amounts of additional income.

YourHIPSearch have been working with estate agents to provide a simple, flexible and efficient solution for the provision of HIPs that fits in comfortably with your existing business practice. By learning how to produce your own HIPs you will be able to earn money when vendors come onto the market, rather than just when the property sells, which means that you’ll still make money even if the property doesn’t sell in this difficult market!

The training also includes set-up and access to an online software system, which automatically compiles the HIP for you and also includes deferred payment and a ‘No Sale, No Fee’ HIP option. The ‘no sale, no fee’ option is proving to be very popular in current market conditions and can make the difference between winning and losing an instruction.

For just £1250 +VAT (limited special offer of just £995 +VAT), the YourHIPSearch Personal Search & HIPs training course will equip you with the knowledge and tools that will enable you to produce complete Home Information Packs for as little as £110 each (or £66 if you employ a trained DEA), giving you plenty of scope to make a great margin. And considering that the average agent gets around 5 to 10 instructions per week, this could equate to over £2000 of additional income per week.

What can you expect to get out of this training?

YourHIPSearch training will teach you how to compile HIP Code compliant packs and provide you with access to an online software system which will allow you to produce complete Home Information Packs for your vendors.

The main focus of the training will concentrate on teaching you how to produce your own personal searches (which are a mandatory and often most expensive component of a HIP). This training will give you the knowledge and understanding necessary to carry out accurate and comprehensive personal searches (to a Search Code compliant standard) for Home Information Packs. In addition, you will also gain an appreciation of the procedures and requirements necessary to operate as a personal search agency, which is a multi-million pound industry in itself, and a service that you could potentially offer to local conveyancers.

Learn more about the full course content and what’s included in the training package.

Potential weekly activity & operating profits

HIPs produced	Turnover (£s)	Operating profits (£s)	Approx time to produce (hrs)
2	598	378	5
5	1495	945	12
10	2990	1890	20
15	4485	2835	28
20	5980	3780	35

 

Potential weekly operating profits based on an average margin of £189 per HIP (£299 agent sale price - £110 cost for searches & EPC). Figures based on typical estate agency HIP prices and costs in March 2008. Potential earnings may increase or decrease dependent on market conditions, operating area and searches required. Average of 2.5hrs to complete an individual HIP - decreasing with volume. Delegates are advised to produce their own full sales & costs forecasts.

Being able to offer vendors a cost-effective HIPs solution may make the difference between gaining an instruction and losing out to one of your competitors. Plus, by producing your own HIPs it may also help you speed up the process, which will become increasingly important, especially when HIPs will be required for properties from the ‘first point of marketing’ (due to be introduced in December 2008).

Demand for this course is high and places are limited to 15 candidates per course. Book online or call 01925 290000 today to reserve your place. Alternatively, click here to learn more about the full course content .

YourHIPSearch also offers range of Domestic Energy Assessor (DEA), Home Inspector (HI) and general HIPs training courses delivered across the country. Learn more about DEA and Home Inspector training.