Property Sourcing

A property sourcer is someone who finds property deals for investors in exchange for a fee. The role of the property sourcer is to act as the middle-man between the buyer and seller, making the process as simple as possible for both parties. The sourcer will actively look for property deals on behalf of the buyer by working with local agents or going direct to vendor. Property deals come in different forms, such as a ready to go single lets or a rundown property requiring a full refurbishment.

There are two types of property sourcers. A bespoke sourcer will provide a more tailored service to their investors –  working with only a small number of investors at a time and finding properties to order in the investors’ chosen areas. This is our chosen method because we can focus on providing more value and quality this way. The other alternative is to find great property deals and then find investors for these deals.

A property sourcer will save you time and money. Finding a property is labour intensive and requires a number of man hours to view properties, liaise with agents or vendors and go through the conveyancing process. Typically, property deals are found from motivated sellers, where their property has been on the market for a long time or the vendor needs a quick sale. Normally, the urgency of a quick sale means the vendor will be more willing to sell at a discounted price.

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