New tool: Unlock more revenue and business value from your lettings portfolio

Your revenue potential is calculated by combining the monthly revenue from your fully managed stock, with your ancillary revenue.

Example:

If you have 100 fully managed properties at an average rental price of £1,370pm, with a 10% fully managed fee, and £50,000 annual ancillary revenue:

• Monthly fully managed revenue: (£1,370 × 10%) × 100 = £13,700
• Total annual revenue: (£13,700 x 12) + £50,000 = £214,400

The Revenue Calculator does this for you automatically. It also allows you to set goals and explore new ways to grow revenue.

There are several ways to increase your revenue, including:

• Increasing your fully managed revenue by increasing your fee, acquiring more stock, or upgrading landlords to fully managed
• Increasing your portfolio size by winning new landlords or growing your existing landlords’ portfolios
• Increasing ancillary revenue by offering additional services to existing landlords

You can use the goal-setting feature in the Revenue Calculator to test different strategies and find the best focus area for your branch.

To estimate the value of your business, we’ve multiplied your projected annual revenue by 1.2 and 1.6. Where you sit within this range depends on how strong and well‑evidenced your compliance processes are.

Example:

If your annual revenue is £214,400, your business value would be calculated as:

• Min: £214,400 multiplied by 1.2 = £257,280
• Max: £214,400 multiplied by 1.6 = £343,040

The Revenue Calculator does this for you automatically. It also allows you to set a business value goal and see how much annual revenue you need to generate to acheieve your goal value.

There are two key factors which impact how much your business could sell for:
1. Your annual revenue and profitability
2. Your compliance and record-keeping
You can use the Revenue Calculator to explore the Rightmove tools and products to help you achieve each of these objectives – many of which are included in your membership as standard.

The Revenue Calculator is a free, interactive tool designed for independent letting agents to help you make decisions with confidence by:

• Estimating your current annual revenue and value of your business
• Exploring strategic opportunities increase revenue and business value
• Discovering actionable ways to achieve your goals using Rightmove

The Revenue Calculator is available exclusively for Rightmove members. It’s ideal for agency owners and branch managers in small to medium agencies. If you’re responsible for revenue and growth, or are a business owner working towards a sale, this tool is built for you.

You can use the Revenue Calculator on Rightmove Hub anytime, 24/7. We recommend reviewing your figures monthly to keep your goals and performance front of mind.

Success, however you define it, depends on a profitable and compliant business. This tool helps you:

• Think strategically about where to focus your resources for maximum impact against your business goals.
• Unlock even more value from your Rightmove membership by discovering new tools or realigning with your goals.

The calculator is designed for use with one branch at a time. You can use it as often as needed. Each report is saved to your dashboard and clearly labelled with the brand name, branch name, and creation date for easy reference.

Yes. You can access it in the same place as the lettings calculator here.

We really value your feedback. You can share your thoughts using the feedback form within the tool itself. Alternatively, you can talk to your Account Manager, or email the marketing team on marketing@rightmove.co.uk