Market Terms
Property Sourcer
Person who finds investment properties for fees
Full Definition
Property sourcers find investment opportunities for investor clients, charging fees (typically £2,000-5,000 per deal). Legitimate sourcers should be Property Ombudsman members and provide genuine BMV or high-yield deals. Due diligence is essential - verify deals independently and check sourcer credentials.
Related Terms
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Analyse a PropertyMore Market Terms Terms
Below Market Value (BMV)
Property priced lower than comparable sales
Comparable/Comps
Similar properties used to estimate market value
Auction Property
Property sold through public bidding process
Off-Market Property
Property for sale not publicly advertised
Rent-to-Rent (R2R)
Renting property then subletting for profit
Rental Demand
Level of tenant interest in an area