Now, by the end of May, he has generated over £40k in profit.
With more deals already in the pipeline, Michael is now on track to potentially exceed £100k this year.
It is a brilliant result, but more importantly, it shows what can happen when the right property strategy is backed by the right network, systems and support.
What is property deal sourcing?
Property deal sourcing is the process of finding property investment opportunities, checking the numbers, packaging the deal professionally and presenting it to investors who are actively looking for opportunities.
When an investor buys the deal, the deal sourcer earns a sourcing fee.
For many people looking to start a property business, deal sourcing can be an attractive route because you do not always need to buy the property yourself. Instead, your role is to find the opportunity, understand the numbers and connect the right deal with the right investor.
How Michael built his property sourcing business
How Michael built his property sourcing business
Michael’s business is built around deal sourcing.
His focus is on finding property deals, packaging them professionally, marketing them to active investors through the Sourced platform and earning a fee each time a deal sells.
The key difference is that Michael has not had to build everything from scratch.
One of the biggest challenges new deal sourcers face is finding investors. You can have a good deal, but if you do not have an active buyer list, it can be difficult to create momentum.
With Sourced, Michael has access to an established investor network, meaning he can focus more of his time on finding and packaging strong opportunities.
That is where the model becomes powerful.
Why deal sourcing can build momentum quickly
Most property deals sold generate between £4k and £10k in sourcing fees.
That means deal sourcing can become a fast-moving strategy when you have the right deals, the right investor access and the right support behind you.
To generate £40k in 3 months, Michael only needed to sell 8 deals at an average sourcing fee of £5k each.
That works out at less than 3 deals per month.
And importantly, Michael made his initial £10k investment back in less than a month.
This is why deal sourcing can scale so quickly. Once you understand how to find deals, check the numbers and present them properly, every successful deal builds your confidence, your investor relationships and your ability to repeat the process.
What makes Michael’s result so powerful?
Michael’s result is not just impressive because of the number.
It is impressive because it shows how quickly momentum can build when someone takes action with the right structure around them.
In just 3 months, he has:
• Generated over £40k in profit
• Made £24k in a single month
• Recovered his initial £10k investment in less than a month
• Built a pipeline of future deals
• Put himself on track to potentially exceed £100k this year
That kind of progress does not happen by accident.
It comes from choosing a clear strategy, taking consistent action and having access to the tools, network and support needed to move faster.
Why investor access matters in deal sourcing
A lot of people who start deal sourcing focus heavily on finding deals.
And of course, finding the right property opportunities matters.
But a deal is only valuable if you can sell it.
That is why investor access is so important.
Without an investor network, new deal sourcers often spend months trying to build a buyer list, create trust, generate interest and prove credibility before they can start creating income.
With Sourced, Partners can market deals through the Sourced app and wider investor network, giving them access to people who are already looking for property investment opportunities.
This means they are not starting from zero.
They are building their business inside an ecosystem that is already designed to connect deals with investors.
How much can you really make through deal sourcing?
It all depends on the number of deals sold, the sourcing fee per deal and how consistently you can find and package good opportunities.
For example, if the average sourcing fee is £5k, you would need to sell 20 deals in a year to generate £100k in gross sourcing fees.
That is less than 2 deals per month.
Michael has already generated over £40k in 3 months, which puts him on a strong path towards that kind of figure if his momentum continues.
Of course, results vary from person to person. Property is not instant, and building any business takes work. But Michael’s story shows that with the right model, network and support, serious progress is possible.
Is deal sourcing a good way to start in property?
Deal sourcing can be a strong route into property for people who want to build a property business without immediately purchasing property themselves.
It allows you to learn how to analyse deals, understand investor demand, build relationships and generate income by connecting opportunities with buyers.
However, it is important to do it properly.
Deal sourcing is a regulated activity, and anyone operating in this space needs to understand compliance, investor communication, deal packaging and the numbers behind each opportunity.
That is why support matters.
At Sourced, Partners are not just given theory and left to figure it out alone. They are supported with training, tools, systems and access to a national investor network.
Michael’s results show what is possible
Michael’s journey is a great example of what can happen when someone combines action with the right support.
He has not spent months trying to work out where to start.
He has focused on a clear strategy, used the tools available to him and taken advantage of the network around him.
The result?
Over £40k in profit in 3 months, with more deals still to come.
For anyone looking at property deal sourcing and wondering whether it can become a real business, Michael’s story is proof that it can.
Want to build your own property sourcing business?
If you want to learn how to source property deals, work with investors and start building income through property, Sourced gives you the structure to do it properly.
You get access to training, tools, systems, support and an established investor network designed to help you move faster.
Michael’s results show what can happen when the right strategy is backed by the right business model.
If you are ready to start building your own property sourcing business, now is the time to take the next step.
Start your journey with Sourced today. Learn more - https://sourced.co/download-prospectus/property-investors
FAQs
What is property deal sourcing?
Property deal sourcing is where you find property investment opportunities, package them professionally and sell them to investors for a sourcing fee. The sourcer earns a fee when the investor proceeds with the deal.
How much can you earn from deal sourcing?
Most property sourcing fees range from around £4k to £10k per deal, depending on the opportunity, investor demand and deal structure. Earnings vary, but consistent deal sourcing can create strong income potential.
How did Michael make £40k in 3 months?
Michael generated over £40k by sourcing property deals, packaging them professionally and selling them to investors through the Sourced platform and investor network.
Do you need your own investor list to start deal sourcing?
Having your own investor list helps, but it can take time to build. With Sourced, Partners can access an established investor network, which means they do not have to start from scratch.
Is deal sourcing suitable for beginners?
Deal sourcing can be suitable for beginners, but it needs to be done properly. You need to understand the numbers, compliance, investor communication and how to package deals professionally. Support and training are important.
Can deal sourcing become a full-time property business?
Yes, deal sourcing can become a full-time property business if you can consistently find good opportunities, build investor relationships and sell deals. Michael’s results show how quickly momentum can build with the right support.
Find out more here
Author
Chris Kirkwood
