The network pathway turning agents into owners

Funded by the participating franchisee, the FLP will cover the full cost of two nationally recognised diplomas, a Diploma of Property (Agency Management) and the Diploma of Leadership and Management, delivered by training provider Entry Education.

Additionally, each participant will be paired with YPA’s CEO for ongoing mentorship and support as they advance their careers.

According to the network, agents will be supported through to final approval and the potential opening of their own franchise.

The FLP will allow participants to work toward final approval on their own timeline while continuing to sell in their current office.

The network said the program was built on the idea that the best future franchise owners were already within the business and understood its systems and culture.

YPA operations manager Peter Neally said the program would remove the two most significant barriers between an agent and business ownership: education and access.

“Plenty of agents have the talent and the drive to run their own office. What they usually don’t have is a clear path, the formal qualifications, or someone in their corner who has done it before,” Neally said.

“Through the program, our franchisees invest in their people by funding their diplomas, while our CEO provides personal mentorship and guidance.”

Similarly, Entry Education’s Elena Sevinis said the FLP would help foster the next generation of leaders within the network.

“We’re helping participants develop the leadership, business management and operational skills needed to build and grow a successful agency,” Sevinis said.

As the network welcomed the program's first class, Neally said the participants were exactly the type of agents they envisioned transitioning into ownership.

“They are proven performers who have already built a business inside their office.”

“We are now giving them the tools to build one of their own.”