A rapidly growing West Midlands-based estate agency, DM & CO, is braced for further expansion after a director becomes a shareholder.
Founder and Managing Director, Dominic Murphy has elevated Sales Director Craig Simmonds to shareholder following two years at the company.
The Managing Director, Dominic said: The growth of the business since Craig’s arrival has been phenomenal and has enabled our reputation to grow as one of the leading independent agencies in the region. In addition to this, we have been able to add some brilliant strategic work that Craig and the Team are now instigating.
“Rewarding him with a share in DM & Co was an easy decision to make following such a successful two years, and I am now looking forward to ploughing ahead with our ambitious growth plans in 2020 and beyond.”
Craig Simmonds is a former Countrywide executive who has also worked as a Local Property Expert for PurpleBricks before joining DM & Co.
Earlier this year, Craig and Dominic launched DM & Co Premium, which specialises in the sale of prestigious homes valued £800,000 and above. In the first few months since launch, the venture has completed the sale of a number of properties with a sale value close to £20 million.
In addition to launching DM & Co Premium, Craig will head up the Dorridge Office from 2020.
Along with their Shirley branch, the agency has seen a 145% increase in the volume of sales compared to last year.
Reflecting on his time in the industry and at the West Midlands agency, Craig said: “During my 30-year career, I’ve been fortunate to have been involved with some of the most successful businesses in the industry, and it’s a privilege to be linked with the DM & Co team, whose ethos is built around the customer experience.’’
Featured Image: (left-right) Dominic Murphy and Craig Simmonds.