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Overseas Property Agency Question

Hi,

After a bit of head-scratching for a business idea I have come up with the proposition of setting up an overseas property agency, helping people in the UK to invest in property abroad. While I have no direct experience in the property industry, I lived for many years in one of the "destination" countries for UK buyers/holidaymakers and also have a fairly strong background in finance. I am confident that I can acquire the knowledge I need to offer a first-class service.

I have hit a stumbling block quite early on in my investigations so I hope that one of the property wizards can answer my question: I won't be able to open an office in my target country so how do I go about getting properties to advertise to potential clients in the UK??? I have thought about partnering with an estate agent abroad but what sort of agreement would we need to reach to ensure that I get paid fairly for my work? (I am worried that I do all the work in the UK and then the foreign estate agent sells the property to my client as if he/she has introduced them to the property)

Also, I'd appreciate any other wisdom from people experienced in the industry.

Thanks!!!

Comments

  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    cant help directly but there is a very lively discussion on https://www.channel4.com/homes forum specifically for property abroad that might be able to help if you get no joy here.
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • mikey123
    mikey123 Posts: 7 Forumite
    Thanks Lynz!
This discussion has been closed.
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