In the United Kingdom, there are many different places to live, and if you want the highest quality of life, you should select your location carefully.
Many individuals of different ages list their goals in terms of what makes a decent quality of life in different respects, but the vast majority of them would agree that keeping a good balance between the income you have and the money you need to invest on needs is important.
There was a huge increase for searches in Retirement homes but one of the biggest challenges of setting a foot into the Retirement Property Investing Market was always, Where and how do I find good deals?
The options were clear and straightforward: find a deal on your own by searching, locating, researching, making an offer on, and purchasing the property. Alternatively, you might look for a property sourcer. It may be a competent sourcer or another investor who had connections to an offer that didn’t work out for them.
Land sourcers, unlike estate brokers, operate almost exclusively for home owners or buyers. They frequently have a group of customers with whom they collaborate together and get to know over time. Every sourcer has their own method of locating properties, and by dealing with buyers on a regular basis, they have a clear understanding of what could be of interest or not.
It’s helpful to think about sourcers as real estate brokers. A sourcer will be of great benefit to you, whether you are a property investor looking to buy or an individual homeowner looking to purchase your dream home, and will be able to find the right price for you. Contacts, solid knowledge of a geographic field, and a certain degree of experience within the property industry are three redeeming attributes that a sourcer can offer.
A sourcer’s connections are their bread and butter, meaning that they have access to properties or transactions that aren’t readily apparent or open to the general public. This may include homes that have not yet been listed or those that have seen little to no publicity. In any case, property sourcers are professionals in their fields and have a deep knowledge of their clients’ needs.
Property locaters fill a wide range of roles. Property sourcers may specialize in certain categories of properties, such as flats, homes, plantations, or even mansions! The bulk of sourcers specialize in a small niche. Purpose-built student accommodation, corporate lettings, social housing, and even short-term rentals could all fall under this group.
Without a doubt, this specialization is highly advantageous to the investor or customer and will save a great deal of time and effort. Another advantage of property sourcers is portfolio management, which is an essential part of their job. They will help with the structuring of a portfolio as well as provide instructions on how to present it and invest wisely.
So who do you rely on? Would it potentially save you time when you’d be looking for a sourcer rather than a property? And, most importantly, where are these individuals?
Let me tell you that DealSourcing.co is the most straightforward and trustworthy sourcer out there. This PropTech Software has been able to simplify this mechanism and transform it into a portal that serves as your personal property sourcer. The platform is able to identify assets from all over the internet and sort them by ROI thanks to algorithms and automation.
It helps you save time, money, and effort! This platform’s main innovation is the ability to locate High Yield Properties. If you’re looking for UK Property Investment, DealSourcing.co is a no-brainer.
The software also estimates the return on investment for any property on Rightmove and finds assets for sale that are below market value, saving buyers hours of research time.
Regardless of the number of property finders available in the UK, you must still execute deep analysis on any offer you are considering.
The biggest advantage of having a property sourcer is that you can have access to the best housing prices available. Don’t forget, though, that conducting your own study is just as crucial as finding the entire thing on your own.
And experts will make mistakes, and who is to say what is a big deal for you? Yes, a property sourcer will save you time and money, but you should still perform your own analysis, especially in the first few months. You’ll develop good relationships with the right sourcers over time, which will save you much more time and money in the long run.
The Top 3 Most Useful Use Cases of DealSourcing.co:
- BTL & HMO Deal Analyser
Replace all of your property spreadsheets. They calculate the cash flow on each deal without using a spreadsheet or calculator. Calculate your overall offer, taking into account all expenses, Stamp Duties, earnings, or even the risk of trying to leave money on the table.
- Find High Yield properties by location
They looked at data from nearly 500,000 homes in England, Scotland, and Wales. Their primary goal is to determine which postcodes have the best buy-to-let yield.
- 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.