Established 11 years ago, Notts Relocate is an Estate Agency founded by Mike Smith to deliver high-quality HMO property management services.
Recognising the need for scale to found a team and additional income to reinvest into property, Mike expanded the business to manage properties for other landlords alongside his own. This created a highly responsive team, reduced voids, and delivered the level of service he had previously found lacking with traditional agents. It also means that the % management costs on his own properties is significantly reduced and quality high. The business primarily operates on a lease (rent-to-rent) model, alongside some % based clients.
With a background in club promotion, Mike developed strong marketing capabilities for HMO rooms, helping maintain better occupancy that most agents. His focus on quality homes and selective client relationships has resulted in long-term partnerships, with many landlords with Notts Relocate Ltd close to a decade. Finding a company that “just gets on with it” is rare after all.
Few businesses sustain performance over this length of time, but Notts Relocate Ltd has delivered consistent, reliable profits year on year, supported by a carefully selected team of five staff in Nottingham. The profits of Notts Relocate has also enabled significant portfolio growth for Mike. From starting with two properties, Mike now owns 10 x Residential and 2 x Industrial Units, reflecting the significant cash flow the business has brought in over 11 successful years.
The company has consistently adopted remote working, including using virtual assistants in the Philippines, helping build an efficient operation and develop tech ecosystem to support working across the globe. e.g. VOIP telephones. The same remote tech ecosystem & UK based team, has allowed Mike to operate remotely as a Digital Nomad as work from 25 countries to date with surprising ease.
