Deal packaging is a service offered by independent property advisors (IPAs) where they find a property on your behalf, for a sourcing fee. A deal packager can do as little or as much as you like, from simply sourcing potential properties to sourcing, negotiating the purchase price, completing the purchase, refurbing and managing the property. The sourcing fee charged by the IPA will depend on how much they do.
Who is deal packaging for?
This strategy/service is suitable for anyone who wishes to have help purchasing a property, whether it’s for them to live in or an investment property. It is especially suitable if you are:
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Time poor: if you don’t have time to do your own research, property searches and/or viewings, then deal sourcing could be the answer you have been looking for to help you find a property and/or start your property investment journey!
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An armchair investor (an investor who wants to invest in property and enjoy the benefits of property investing without disrupting their day-to-day activities): through deal packaging you can leverage an IPA’s knowledge and experience of investing in your area to source and manage an investment property for yourself!
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New to property investing: using a deal packager is a great way to source your first investment property, as you can learn from the experience and knowledge of a local independent property advisor (IPA).
Benefits of deal packaging
The prime benefit of deal packaging is leveraging someone else’s time, experience and knowledge of an area to source you a property. By using a deal packager, your property investment can be as hands-on or hands-off as you like and you are not necessarily confined to investing in a certain location due to your geographical location!
In addition, if you’re new to property investing or investing in an area which isn’t local to you, you can take advantage of an IPAs existing contacts in your investment area, which will give you access to additional properties which aren’t advertised on the open market.
Where can I find someone who offers deal packaging?
If you would like to speak to a deal packager to discuss your next property investment, use Doormarked to find an IPA local to you or your chosen investment area.
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