Option Agreements
Option Agreement Specialists connects the land owner / homeowner with developers and investors who have the resources, expertise and appetite for option agreements.
Most developers will not be geared up for option agreements and the same applies for investors. However, Option Agreement Specialists are connected with over 50 developers and investors throughout the UK and overseas who are proactive and ready to pay you to set up an option agreement and can afford the final purchase fee set if successful.
Option Agreement Specialists charge a small fee to both parties for its services to both the homeowner or landowner and also the property developer or investor. This usually comes out of the fee the developer or investor paid to the landowner or home owner so in essence, the fee is almost free to the homeowner or landowner and only really applicable to the investor or developer, however, we wish to be transparent that both parties will contribute to the service fees charged by Option Agreement Specialists.
Charges
Landowner / Homeowner
The landowner or home owner is charged 5% of both the initial and final option fee agreement payments. For example if £20,000 is agreed from the outset, £1,000 will be paid to Option Agreement Specialists and £19,000 paid to you as the land owner or homeowner. If and when planning permission is granted and if and when the land is sold, 5% of that fee is payable upon clearance of funds also, for example if the final fee agreed is £800,000 then £760,000 would proceed to you, the home or land owner and £40,000 to Option Agreement Specialists.
Developer / Investor
The developer or investor is charged 5% of both the initial and final option fee agreement payments. For example if £20,000 is agreed from the outset, £1,000 will be paid to Option Agreement Specialists. If and when planning permission is granted and if and when the land is sold, 5% of that fee is payable upon clearance of funds also, for example if the final fee agreed is £40,000 to Option Agreement Specialists.