At North Property Group we prize strong relationships with partner developers which allow us to bring the best schemes to market for our clients. We are trusted by investors and other homebuyers from around the world due to our tailored service, and a vital part of that is working with the right developers.
We offer a full-service package to clients which takes them from the initial enquiry, through the purchase process and into the ongoing management of their property. We are experts in all areas of property sales, marketing and management – and we offer that specialised knowledge to developers to deliver of-plan pre-sales in high volumes at strong prices.
Our ethical, holistic approach is second-to-none, and our personal approach to client relationships ensures that your development has the best chance of selling out.
We employ experts in all fields to help us market and sell projects at scale, and control the distribution of the development closely. We are not reliant on sub-agents, and while we have a distribution network of carefully selected partners, we find the internal sales floor a better place to generate sales and control the process.
We can price up your projects on a fractional sales model.
If you need supporting comparables of sales achieved, we have the data –and we’re more than happy to consult with lenders and brokers to provide commentary on the market. We can also introduce you to specialist development lenders who like working with us. In addition to this, we have investors on the development side who are interested in putting their capital to work by helping with any mezz funding etc.
Development Appraisal We have contacts who specialize in producing CGIs, virtual reality, brochures–all the collateral which is imperative for a successful off-plan launch.
We can price up your projects on a fractional sales model.
If you need supporting comparables of sales achieved, we have the data –and we’re more than happy to consult with lenders and brokers to provide commentary on the market. We can also introduce you to specialist development lenders who like working with us. In addition to this, we have investors on the development side who are interested in putting their capital to work by helping with any mezz funding etc.
We have contacts who specialise in producing CGIs, virtual reality, brochures–all the collateral which is imperative for a successful off-plan launch.
Even though off-plan sales have historically required discounted prices, we are able to pre-sell units at current market prices.
Our internal salesfloor and vast network of distributors can guarantee off-plan sales in large volumes, giving you security of exit prior to completion.
Our internal salesfloor and vast network of distributors can guarantee off-plan sales in large volumes, giving you security of exit prior to completion.
We know how to market the product. It is imperative the product is not diluted. For lending upon completion, it is also important that the development wasn’t marketed with an ‘investor-led message’. As a result, investor pre-sales need to be done off-market and behind closed doors. We know how to tailor the marketing strategy so that the scheme is a success come completion.
Sales Model
We Offer to Developers
Commission
North Property Group will charge a commission for their services and ability to deliver sales, which will be in the form of a percentage relating to the final agreed sale price of the property.
Soft Underwrite
North Property Group will make a financial commitment to the developer, by agreeing to put down a sum of money, in the form of a reservation fee for each plot, which would be non-refundable should the business fail to sell the apartments within an agreed timeframe.
This commitment of pre-paid reservation fees demonstrates the assurance North Property Group has in its ability to successfully bring exciting developments to market and agree sales to their client base.
Full Underwriting
North Property Group will make a financial commitment to the developer, by agreeing to exchange on the units at an agreed percentage of the purchase price, therefore guaranteeing an exit for the developer, before then selling the units on to clients.
By making a financial commitment to exchange and complete on the majority, if not the entirety, of the property development should it be needed, the developer has the assurance of an exit at an agreed price, and clients have the reassurance that whichever development NPG offers, it is a project that the business firmly and demonstrably believes in.
Single Block Sale
With access to pension funds and other institutional investors, who seek a better investment compared to what they can find on the standing market, North Property Group are able to broker both forward fund deals and single block acquisition deals for developers looking for an exit in one single transaction.
North Property Group is a member of The Property Ombudsman
