Letting & Estate Agent Podcast STARTING AN ESTATE AGENCY - Solo or with a Partner - Ep. 2458
Jan 24, 2026
Phil Jones, estate agency entrepreneur and co-founder of Ashdown Jones, offers practical setup and partnership advice. Sam Ashdown, co-founder and mentor, shares hands-on stories of risk and teamwork. They discuss whether to start solo or with a partner, partnership pitfalls, timing, trust, ego and exit planning in short, punchy conversations.
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Formalise Partnership Terms
- Do document how a partnership will operate and how it can be ended before you start.
- Treat a business partnership like a marriage and expect to work on it continually.
Family Ties Affect Business Dynamics
- Personal relationships change how you interpret fairness and time off in a partnership.
- Sam says family ties made unequal hours and holidays easier to accept between them.
Risky Start With No Due Diligence
- Phil approached Sam in 2016 wanting to start an estate agency despite being young and inexperienced.
- Sam admits he did zero due diligence and took a big risk that paid off over eight years.