Sourced welcomes Open House Estate Agents to the Group

104 franchisees. Two established property networks. One exciting next chapter.

We’re delighted to announce that Sourced has completed the acquisition of Open House Estate Agents, bringing its nationwide network of 104 franchisees into the wider Sourced Group.

Open House will continue to operate under its own brand, while benefiting from the wider expertise, technology, opportunities and infrastructure available across the Sourced Group.

And there couldn’t be a more natural fit.

Built differently. In remarkably similar ways.

Sourced and Open House have grown independently, but we’ve built our networks around many of the same principles.

Across Sourced Property Partner, Sourced Living and Open House, franchisees run their own local businesses while benefiting from the strength of a nationwide network around them.

They have the autonomy to make decisions that work for their local market and their clients, backed by established brands, technology, systems, support and opportunities.

It’s a model that combines local knowledge and personal service with the infrastructure and expertise of a much bigger network.

Now, we’re bringing those strengths together.

A stronger property ecosystem

Open House brings established estate agency, lettings and auctions expertise into the Sourced Group, adding another important part to our wider property ecosystem.

Sourced already brings together property investment, specialist finance, lettings and property management, accounting, technology and business opportunities.

With Open House joining the Group, we can connect even more of the property journey and create new opportunities for franchisees, landlords, investors and clients across our networks.

For Open House franchisees, that will include access to Sourced’s funded acquisitions programme, designed to help ambitious franchisees acquire established lettings agencies and managed property portfolios to accelerate their growth.

The acquisition will also create opportunities to share technology, expertise and proven business frameworks across the Group, helping our networks grow and operate more efficiently.

Stronger together

Steve Moss, founder of Sourced, said:

“What stood out to us about Open House was how closely the business aligned with our own. We didn’t have to convince them to think like us because, in many ways, they already did.

“We’re not looking to change what makes Open House successful. This is about bringing together what both businesses do well and creating more opportunities across the Group.

“Open House brings a fantastic network of franchisees and established estate agency and auctions expertise, while we can open up our wider property ecosystem, technology and acquisitions programme. There’s a huge amount we can achieve together.”

From Warrington to a nationwide network

There’s another part of this story we’re particularly proud of.

Both Sourced and Open House are headquartered in Warrington and, from the same North West town, have independently built nationwide property networks.

Now, we’re starting the next stage of that journey together.

Open House remains Open House, with the same brand and local businesses its clients already know, but now with the opportunities and infrastructure of the wider Sourced Group behind it.

Three networks. More expertise. More opportunities. And an exciting next chapter for Sourced and Open House.