LANDMARK White has entered into a license agreement with the former staff of LandMark White Sydney to setup a franchise commercial valuation business.
The franchising business is part of LandMark White’s previously announced strategy of increasing the company’s profitability whilst having a lower risk profile.
LandMark White said valuation revenues will be replaced by franchising fees and service revenues.
“In recent years the Sydney-based commercial valuation business has been one of the least profitable contributors to LandMark White’s results,” the company said in a statement.
The company is in discussions with other potential licensees for its other commercial valuation operations around Australia.
Property Review
