A Joint Statement by Dominic Murphy, Managing Director of Dominic Murphy & Co Real Estate Ltd & Nicholas Bond, Lettings Director of Red Brick Solihull
As of 1st June 2020, Red Hot Houses Ltd (RHH) agreed the sale of its shareholding in Dominic Murphy and Co Real Estate Ltd (DM&Co) back to Dominic Murphy after twelve months within the business as the Majority Shareholder and with Adam Lawrence and Nicholas Bond as Directors.
During this time, the business has seen increased revenues, strong reputational growth in its brand and service along with systematic business improvements throughout, in what is a highly competitive local market.
It is now the right time for Dominic and his team to take the business forward and continue on the positive path forged. The business’ resilience and determination is there to be seen in the supremely encouraging and exceptional results that the company is experiencing.
As part of the sale, DM & Co. has passed its lettings business across to RHH. RHH is partnering with Patrick Sullivan, who has provided support already to our Lettings business, and has a wealth of knowledge of the industry. Between them they have over 1000 properties under management and will be launching under their new brand ‘Red Brick Solihull’.
DM & Co and Red Brick Solihull has established a reciprocal referral agreement as part of the deal agreed between both parties.
DM & Co would like to take this time to put on the record the gratitude and thanks to Adam and Nick for their roles in helping the business grow and prosper, I wish them and their new Lettings venture every success.
Finally, DM & Co would like to reassure all of its current and future clients - it is very much business as usual!