David Jones was, by his own description, an old-school traditionalist. For the first 25 years of his career as a high street estate agent, the formula was consistent and it worked. Then, around 2017, the industry changed rapidly and in a direction that the traditional model was not built for.
High street footfall dropped. Local newspaper advertising stopped delivering. Competitors like Purplebricks squeezed fees across the board. And after 14 years of running his own agency, David's business went bust.
At 56 years old, having spent decades as his own boss, David found himself in a dark place, both psychologically and financially. Going back to a traditional high street model was out of the question. Applying for a standard employed role felt equally impossible.
He needed something different. A model with a support structure built in. That was when he found the partner agent platform model, and when he came across The Property Experts.
"The Property Experts stood out very clearly to me as being by far the best of the bunch," David says. "Some platforms were light on back-office support, or the branding was entirely anonymous. I loved that TPE put the local agent right front and centre, letting me promote my own name with the safety net of a major organisation."
Can you become a self-employed estate agent after your business fails? David Jones did exactly that at 56, rebuilding his estate agency career using the partner agent model at The Property Experts after his high street agency went bust following 14 years of trading.
David does not sugarcoat his early experience.
"The honest answer was I found it a lot harder than I expected."
At 56, he was not particularly tech-savvy. He had not used social media, was not active on WhatsApp and had never created video content. The learning curve was steep and at times genuinely uncomfortable.
What pulled him through was the quality of the support available. He could call the team to ask the same question four times, and someone was always there to help without making him feel like he should already know the answer.
Within four months, filming videos and posting on social media had become second nature. Not comfortable exactly, but consistent. And consistency, as David quickly discovered, is what the self-employed estate agent model runs on.
Is it hard to go self-employed as an estate agent if you are not tech-savvy? David Jones found the technology and social media elements challenging in his first 90 days as a self-employed estate agent, but credits the back-office support and coaching at The Property Experts with helping him get through the learning curve within four months.
Coming from a high street background, David's instinct had always been to accumulate market share aggressively. Managing staff, running office leases, juggling suppliers.
The self-employed model required a fundamentally different approach.
With no staff to manage and no overheads to carry, David was able to focus entirely on two things: his clients and his marketing. He set himself a target of three to four sales per month, delivered 300 postcards by hand every single week, and committed to building his name on social media with a consistency that made him impossible to ignore in his local market.
Quality over quantity. One area. Complete focus.
David was meticulous about his financial recovery. In his first week, he handed his accountant a strict three-year business plan, projecting his turnover to double in year two and triple in year three.
The results are extraordinary in their precision.
Year 1: Finished just £1,000 under target. Year 2: Hit his goal exactly, doubling his Year 1 turnover. Year 3: Finished £1,000 away from his tripled target.
Now moving into Year 4, David is rolling out the Prestige Property Experts brand, focusing on higher-value properties and aiming to quadruple his Year 1 numbers. He is no longer chasing volume. He is building a business that works around the life he wants.
How much can a self-employed estate agent earn in their first three years? David Jones, a Partner Agent at The Property Experts, doubled his Year 1 turnover in Year 2 and nearly tripled it in Year 3, following a detailed three-year financial plan he built before he even started.
When asked what he would say to an experienced agent sitting on the fence, unsure whether the technology, the change and the uncertainty are too much to take on, David does not hesitate.
"You sink or you swim in life. Sometimes you just have to take a deep breath and swim for your life. Make yourself impossible not to notice. Get yourself out there morning, noon, and night. The support and platform are there. I have absolutely zero regrets."
That is the honest verdict of someone who had every reason to be cautious and chose to back himself anyway.
David's story is one of many. Across The Property Experts network, experienced agents at different stages of their careers are building profitable, personally branded businesses with the support, systems and coaching to make it work from day one.
If you are an experienced estate agent who is questioning whether your current model is still giving you what you want, the first step is simply finding out whether the opportunity is right for you and whether your area is still available.
It takes two minutes. No obligation. Just an honest picture of what this model could look like for you specifically.