Residential sales
Foxtons helps people buy and sell homes, mainly in London. Its teams value properties, market them, arrange viewings, and handle offers through to completion.
Customers and revenue model
Foxtons Group PLC
XMUN:FXG
Foxtons Group PLC
XMUN:FXG
Price:
0.434
EUR
Market Closed
Market Cap:
€85.9m
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Company Overview
Business Description
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- United Kingdom UK
- Employees
- 1 497
- IPO date
- Sep 24, 2013
Foxtons Group PLC is a London-focused estate agency that helps people buy, sell, let, and rent homes. It also arranges related services such as property management, mortgage broking, and conveyancing support. Its main customers are individual homeowners, landlords, tenants, and property buyers in the London housing market.
The company makes money mainly from fees tied to property transactions and lettings. That includes commissions when it sells or lets a property, recurring income from managing rental homes for landlords, and fees from services linked to moving and financing a home. In other words, Foxtons sits in the middle of the property market and earns income whenever it connects a landlord, tenant, buyer, or seller.
What makes Foxtons different is its strong focus on London and its mix of agency, lettings, and property management work under one brand. Many estate agents rely mostly on one-off sales, but Foxtons has built a larger recurring base around rentals and landlord services. That gives it a business model that is tied to housing activity, but not only to home sales.
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