Adam Day had been working as an estate agent since 1997, but started to dream up a different way of doing things in estate agency, taking into consideration the huge potential in the online property market.
The article was featured in 'The Money' section of the Observer and is still available to read on The Guardian website.
A modern 4 bedroom detached house in Bicester, Oxfordshire, eventually selling for £280,000.
A 3 bed semi-detached home in our head office's home town of Hitchin. Saved the owner over £3,000.
This video about the growth of the industry can be viewed on the BBC News website.
Please note that because we are so old in 'online estate agency' terms, this video won't work on a mobile device or tablet. You will need to use a browser that has Flash Player.
Our 500th Listing, was, believe it or not, the property of the lady featured in the BBC Look East programme just across the time line. We sold the property for the owner and saved her around £7,000 in fees. Just like she said in the VT.
A Victorian townhouse in the seaside town of Portishead, just outside Bristol. We managed to find a buyer for the property, but the owner decided to stay put in the end and they are still there to this day.
A detached home in Monks Risborough sold for £515,000 saving the client over £10,000.
Exeter office was the first of our regional offices to open in 2010. Since then, we have increased our presence in the region and have saved the people of the South West well over £1.5m in estate agency fees (as of December 2014).
Another property which we sold, but this time the buyer pulled out. It was a property in West Hagley, between Birmingham and Kidderminster. Once again, the owner decided not to move and again, is still there to this day. But this outlines perfectly why we charge up front - a traditional agent would have received nothing for the two sales above, therefore having to increase their fees to cover this 'abortive' work. However, with Hatched, everyone pays a little bit, rather a few unlucky people paying a lot.
The 3000th property we put on the market was a property in Diss, Suffolk - a 3 bedroom detached family home at £227,000. We sold it for £225,000, saving the owner over £4,000 based on a high street agency fee of 1.8% (latest Which? figures)
A 3 bedroom semi-detached house in Kingston-Upon-Thames whose owner happened to be a journalist. We didn't know that at the time, but suffice to say, she was so happy with the service, that she wrote a piece about it. We saved the owner over £7,000.
Sheffield was the 2nd office to open after we had learnt an awful lot from opening Exeter 2 years earlier. Martin opened the office and is still there today covering the Northern part of England, as well as over to Hull and the East coast. Because of the huge popularity of the office in Sheffield, Martin has recently moved to new premises and has a member of staff working with him. The people of the North have saved over £2.5m in estate agency fees, as of mid-2015.
Manchester opened 'hot on the heels' of Sheffield. Just one month later in fact. And again, Phil Thackray is still there running the show in the North West. Those fine folk in the North West have saved over 1.5m when selling through Hatched.
This was a 2 bedroom cottage in Hitchin which we sold for a regular client of ours. Our client has now rented and sold a total of 4 properties through us and saved well in excess of £15,000 over the course of time using us for their properties. Our clients love us, and we love our clients.
Birmingham was naturally the 4th office to open as we moved 'down South' from Manchester & Sheffield. The first chap in Birmingham was a great guy by the name of Ricky. Ricky went off to be a surveyor and we still stay in touch. Running operations in Birmingham now is Mark - a seasoned estate agent, having owned his own estate agency in the area in the early noughties. The people of the Midlands have saved almost as much as those in the North West - around £1.3m - in estate agency fees, as of mid-2015.
This was a beautiful 2 bedroom apartment above a parade of shops in North London with its very own roof terrace and was sold for the asking price of £275,000. Sometimes flats above shops can be tricky to sell from a legal point of view, but we managed the sale through to completion and saved the owner £5,400.
This video can be viewed on the BBC News website.
A property in Sheffield was our 5,000th listing. It was in Norton Lees and was listed for £160,000 and was sold for the asking price, saving the clients just shy of £3,000. We hear it paid for their Summer Holiday that year!
Maidstone. Neil Mugford started in Maidstone covering the South East in October 2013 and is still with us today. Since we opened, those in the South East have saved around £1.6m.
Vince Cable said of the scheme that it is designed for 'businesses that have the chance to become the household names of tomorrow'. Find out more at Gov.UK.
Damian in Leeds has taken some of the workload off of Martin now and covers the Northern part of the North!
We marketed a modern 3 bedroom end-of-terrace home on at £215,000 which we sold for £209,000 - saving the owner £4,000 in estate agency fees!
A 1930s bay fronted semi-detached home in Southampton which was on for £229,950 and guess what? We sold it for £229,950. A saving of well over £4,000.
Adam Day, managing director at the time, is invited to speak as a 'pioneer of online estate agency' at key industry event on a panel discussion about the changing estate agency industry speaking alongside managing director of Your Move and Commercial Director of Rightmove. Here is the list of guest speakers.
Nottingham - Sara started with us in June 2014 and has been busily working away to grow our reach in the East Midlands area where clients have so far saved over £800,000 in estate agency fees.
We passed this milestone in March 2015.
November 2015 saw us as the first online estate agent to be acquired by a major estate agency group (press release), showing that they take us seriously!
David Bond joined us in January 2016 to set up shop in Wigan, near Manchester.
Ali Mohtashami joined us in February 2016 to cover Guildford, in Surrey.
We are working hard this year to expand our regional team further, with more locations than ever before. Could yours be next?
We now offer an accompanied viewings service so if you're too busy, let us do it for you. We can also host an open hour for those looking for a quick sale. Read more...
We celebrated our 10th year anniversary by giving 10% discount to the first 10 customers on the 10th of June. Here's to the next 10 years! Read more...
Hatched is still going from strength to strength, selling more houses and expanding at a significant rate each year.
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