Sourced, the property franchise company based in Warrington, have expanded to eight franchisees throughout the UK just over three months after launching.
Following a successful year-long pilot scheme, Sourced launched nationally as a franchise at the end of August 2017. The idea behind the company is that each franchisee sources and packages investment properties and then sells them onto a huge database of already registered buyers.
The new franchisees on board since August come from a wide range of backgrounds, including mortgage brokering, property sourcers, estate agency and building & development. It also includes total newbies with little to no experience in the world of property.
One of the main incentives for franchisees is the opportunity for them to grow their property portfolios using a combination of strategies, as well as the earning potential of trading lucrative investment property deals.
‘Myself, Stephen and Ryan realized that our collective strength in our own networks was the major key to our success,” Paul Rose, one of the three founding directors of Sourced, commented.
“Typically, people have a missing piece to their jigsaw. This can be that they can’t source the right property, or they can’t access funding solutions easily, or they struggle to find the right buyers.’