Property sourcing is the process of finding high-yield property deals, negotiating the best prices and packaging them, ready to be sold to a property investor. Property deals typically consist of a pre-negotiated and signed offer with a vendor for the property to be sold at the agreed price. This property deal can be packaged up with other services that include the sales chasing, liaising back and forth with the seller, instructing a power team of solicitors, mortgage brokers and lettings agents to bring the deal to completion.
A property sourcer acts as the middleman between the property investor and the seller, smoothing the deal out and adding value for both parties. Hiring a property sourcing company offers the investor a hands-off experience and allows them to save a lot of time, which they can utilise in other ways, such as thinking about ways to grow their portfolio. Having a middleman who finds the best property deals for you gives you flexibility, access to local contacts and allows you to benefit from their experience and knowledge of the industry.