When developers such as Persimmon or David Wilson Homes want to rustle up customers for new homes, one of the quickest ways is to offer a part-exchange service, where customers exchange an existing property as part payment for a new one. Founded in 1997 by five directors, including Sean King and Nigel Higgins, as a membership network for estate agents, Partners in Property launched its Movewithus part-exchange service in 2003. Movewithus already accounts for more than 50% of company sales, which have grown 109% a year, from an annualised £583,000 in 2001 to £5.3m in 2004.
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