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Introduction About Foxtons UK About Foxtons USA About Alexander Hall

Foxtons USA

In March 2001, Foxtons made a $20 million investment in an innovative real estate start-up in New Jersey, USA. This company has become the fastest growing real estate company in American history.

YHD , as it was formally known, launched in New Jersey, USA in March 1999 to immediate consumer interest and industry outrage. The reason for the strong reaction surrounding America's (then) newest estate agent was the fact that they charged an unbelievably low commission of 2%. The industry norm in America being 6%.

The US business is a serious sales driven company with substantial market penetration. In two short years they have defied convention and in doing so enjoyed immeasurable success, having expanded from New Jersey to offer its services in New York, including Manhattan, and Connecticut. Proof that if you change preconceptions you can provide buyers and sellers with an opportunity of saving money with no compromise on service.

The two businesses have since enjoyed a symbiotic relationship, sharing business models, ideas and technology. They are joined not only financially but also through shared inspiration and resources. Both branches firmly believe that innovation is the way of the future, that everything has room for improvement and that companies must either be constantly growing and changing or be left behind. Plans for the immediate future include expansion across the key markets in North America.

New York

Foxtons operate in Manhattan, Connecticut and New Jersey

www.foxtons.com

Introduction About Foxtons UK About Foxtons USA About Alexander Hall
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