Компания Sourced приобрела национальную сеть риелторов Open House

A PROPERTY firm has announced the acquisition of a national franchise network. Warrington-based Sourced has acquired Open House Estate Agents, adding 104 franchisees to its network of more than 230. The deal brings estate agency and auction services into the wider Sourced Group, which already offers property investment, finance, lettings and property management. Stephen 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. "Both networks are built around ambitious local business owners, backed by the systems, technology and opportunities of a national organisation. "Bringing those networks together creates huge potential for everyone involved." Open House will continue to operate under its existing brand. Sourced said it does not plan to change the elements that have made Open House successful. The company said the acquisition will give Open House franchisees access to Sourced’s broader infrastructure and its fully funded acquisitions programme, which helps franchisees acquire established lettings agencies and managed property portfolios. For Sourced, the deal expands its reach across the property lifecycle by linking investment, finance, lettings and management with estate agency and auctions. Mr Moss said: "Open House brings established estate agency and auctions expertise into the Group, while we can open up our wider property network, technology and acquisitions programme to another 104 franchisees. "We're not looking to change what makes Open House successful. "We want to build on it." Both companies have grown nationwide networks from their base in the North West and have operated under a similar business model. Each network supports locally owned businesses with the backing of national branding, technology, systems and support. Franchisees have the freedom to tailor their businesses to their local markets while benefiting from broader national opportunities. Sourced was founded in 2017. The company sees the acquisition as a strategic move that will create new opportunities for growth and collaboration across both networks.