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  • Landlord Resources

    PT TV: Due diligence guide and tips from industry professionals

    Hi JC,

    What constitutes a "professional" sourcer though?

    There is no regulation or professional standards or even a code of conduct.

    You have to belong to an Ombudsman Scheme, but very few do, as far as I can see.

    Many sourcers are newbies fresh off a course trying to build a deposit for a property. They offer things out without even understanding due diligence themselves.

    I agree that working with a professional sourcer with intimate knowledge of the area could be a good thing, but its hard to find such people and most people wanting to use such a service might struggle to differentiate them from the sharks and newbies plying their wares on forums.
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    JC & Glenn,

    I think there is truth to both sides of what you shared.

    JC, are you legally compliant with the UK laws for sourcing?
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    John Corey 


    I host the London Real Estate Meet on the 2nd Tuesday of every month since 2005. If you have never been before, email me for the 'new visitor' link.

    PropertyFortress.com/Events

    Also happy to chat on the phone. Pay It Forward; my way of giving back through sharing. Click on the link: PropertyFortress.com/Ask-John to book a time. I will call you at the time you selected. Nothing to buy. Just be prepared with your questions so we can use the 20 minutes wisely.

    (21-10-2013 03:18 PM)john_corey Wrote:  JC, are you legally compliant with the UK laws for sourcing?

    Leading question m`lud.
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    Jonathan Clarke. http://www.buytoletmk.com