Real Estate
Meyers Estates
End to end management of real estate franchisee financial reporting
About
Project
Client
Contact
Role
Background
Meyers Estates is a growing real estate agency with multiple franchise offices across the UK. Each franchise operates on an agreed revenue share model with Meyers HQ and is required to report monthly on all mandated properties. This helps Meyers HQ monitor the status of every property and calculate accurate fees for properties that have completed sale.
Problem
To manage this process, Meyers HQ distributed an Excel template to franchisees every month, asking them to complete and return it. Head office staff then collated all data and manually calculated the fees due. This approach was time-consuming and repetitive, creating bottlenecks at month end. It also meant Meyers HQ had no real-time view of property status across the network. Over time, the team wanted to build a stronger company culture too, by recognising top-performing agents more visibly.
Solution
V88 built a tailored system that gives each franchise office secure access to manage properties from appraisal through to completion. Franchise owners can track the stages of every property, monitor which team members are involved, and view clear dashboards showing property counts, values, and fees for any period. They can also identify their own top performers easily. For Meyers HQ, admin users can see details for each franchise office, check combined data for the entire network, set up new offices, and enter contract terms for fees. Month-end reporting is finalised with a single click, removing manual work and errors.
Result
Since launch, franchise offices have loaded over 2,100 properties within just four months. Twelve franchise offices now use the system daily. Meyers is viewed as a top-tier estate agency with accurate commission calculations and an integrated sales CRM that supports new franchise growth. Sales teams are more motivated thanks to built-in leaderboards, and the total value of properties managed in the system is approaching one billion pounds.
Quote
We chose V88 because they asked all the right questions from the outset. They also showed passion for our project. When we agreed to move forward, they broke the project down into phases with a clear timeline and deliverables so that we never had to worry. Throughout, V88 has been communicative, quick to respond and relentlessly committed to the project’s success. They are also very good humored. We are so grateful we found them. We are very happy! Our project is complex but they feel like true partners who will face future challenges with us. We would definitely use them again.
