You are here:
Home >
Agents > How it works
Estate Agents
The only difference is that we will pay your fees when we take over the mortgage
on day one. We will deduct these from the final settlement figure when the purchase
takes place (if no purchase happens then we will cover the cost from our own
pocket).
You can be confident that we can purchase at the current price on your board
(we always use HomeTrack to value the property) not below market value offers
of 30, 40 percent just to make the property work.
Additionally we would recommend that you offer this service to vendors as a
product that sits along side their contract with yourselves, either advertised
just through our site and mailing lists and/or in your property details (the
service can be white labelled if required to give the initial impression that
it is your agency that is providing this service.)
Again, there is no difference to your current proposition, we are adding a
further sales avenue to your existing services that sits along side and is
totally independent of what you currently offer.
Remember - as no mortgage is involved at the point between yourselves and the
purchaser you're not in the position where the Lender influences whether the
deal completes.
Letting Agents
Again you work in the traditional way and this opens up a totally new way of
doing business. You charge us your normal finder's fees.
We're basically providing a new income stream for you using your existing business
model that complements what you currently do. We have designed this so that
what your current operational systems remains unaffected and that we are adding
new ways of doing business rather that diluting how you currently do business.
Also - As Letting agents you have access to existing Landlords that might
want us to take over their existing property. In that eventually we will pay
our professional finders fee of 1% of the initial purchase price.
|