Property Sourcing can be an extremely remunerative thing to do, but like anything else, to be successful, you need good tools, especially good software to crawl deals all over the Internet.
This kind of softwares allows you to identify, source, analyse and contact vendors from Rightmove, Zoopla, OntheMarket, Gumtree and more from a single platform.
What Are Property Deal Sourcers and How Do They Work?
Property Deal Sources searches for great property deals, either for you, or to sell onto another investor for a price. One of the most crucial things you need to know that any successful property investor knows, is how to find good property deals. So before anything else, you need to know what makes a valuable property deal. A Property Deal Sourcer will do that work for you.
Lastly, a property sourcing agent is someone who puts together property deals, and then sells to property investors. The job of a property sourcer is to act as an intermediary between the buyer and the seller.
Top 3 Property Deal Sources
Puts the power of automation in your hands. Search over 200,000+ Below Market Value deals (Buy-To-Let, HMO and BRRR) with ROIs above 15% with the click of a button. The key feature of this platform is to find High Yield properties. They calculate an annual ROI of each property they listed, it’s a no brainer to have DealSourcing.co if I am looking to buy-to-let deals.
The software also calculates the return on investment for every property on Rightmove and locates below market value properties for sale, saving investors hours of time spent on research.
Sequre Property Investment specialise in sourcing discounted, high-income producing, buy-to-let property in a number of major UK cities. They have years of experience in assembling bulk deals that has provided both small and large investors with access to heavily discounted investment opportunities.
Their team has successfully guided many novice investors to financial freedom through their bespoke property investment services whilst also catering for those investors with up to several million pounds to invest in completely off market investments.
Argus is a commercial real estate investment software. It includes valuation analysis, cash flow analysis, and risk analysis. One useful feature they have is a set of tools to manage different investors who provided funding for different projects with instant reports and accounting for them.
This software is best known for how it incorporates macroeconomic data to provide investors with trends and forecasts.
For us, DealSourcing.co will be our primary suggestion to start
The Top 3 More Useful Use Cases of DealSourcing.co:
- BTL & HMO Deal Analyser
Say goodbye to all your property spreadsheets. For each deal, they calculate the cash flow, without the need for a spreadsheet or a calculator. Work out your maximum offer, including any costs, Stamp Duty, profits, or even if you have to leave money in the deal.
- Find High Yield properties by location
They’ve analysed the data of nearly 500,000 properties across England, Scotland and Wales. Their primary mission is to find the highest buy-to-let yield for each postcode.
- Find negative equity properties by location
Property is in negative equity if it’s worth less than the mortgage secured on it. They help you find those deals by geographic location.