New Corporate Partner Flyp delivers fresh ideas to help unlock more value from legacy property sales

The Institute of Legacy Management is delighted to welcome Flyp as its newest Corporate Partner.

Bringing a fresh approach, Flyp is committed to helping charities unlock more value from legacy property sales, delivering maximum returns while removing the stress and cost of managing the process.

Co-founder Oliver Gershfield explains: “Legacy officers want to achieve the best possible return without the headache of juggling agents, contractors and empty homes. Flyp removes those burdens by managing five agents on their behalf – and ensures every property, of every shape, size and value, delivers maximum benefit to the charity.

“We manage the whole negotiating and sale process and give the seller access to an online dashboard where they can see photos, viewings, feedback etc. With one property recently, we had 10 agents who booked 27 viewings and received four offers – the sellers would have happily accepted a lower offer, but the dashboard enabled them to see that there was another offer of around £70,000 higher via another agent.

“Sellers get things happening faster and charities will have the confidence that the full value of the home is being unlocked.”

Recognising that probate properties have often been empty for some time and can look tired and unloved, the Flyp team invests in improvements at no cost to the charities, as it seeks to maximise potential value. This can be anything from a complete renovation, including a new bathroom or kitchen, to a simple makeover and staging for photos and viewings.

Oliver adds: “While the executors are waiting for probate, we can undertake an initial assessment, start the sale process, make an investment if required and get everything ready so when probate is granted, it is ready to go.

“That way we are making the most of the probate timeline and the charity benefits from a higher price at the end.”

With an average turnaround of just five weeks from marketing to offer, and a proven track record across probate and legacy properties, Flyp is proud to be supporting ILM members and the vital causes they serve.

Flyp supports charities in three key ways:

1. Smarter sales – more competition, better results.

Instead of relying on a single sole agent, Flyp manages five agents at a time on the charity’s behalf. This creates healthy competition and ensures the fullest value is achieved for every home – without the typical headache of selecting and managing multiple agents. Charities are kept fully informed through an online dashboard showing valuations, viewings, offers and feedback in real time.

2. Unlocking hidden value – funded improvements.

From light makeovers and staging through to full refurbishments, Flyp invests directly in legacy homes to help them achieve their full potential. A recent £160k makeover delivered a £500k uplift in sale price – with zero upfront cost to the estate.

3. No empty homes – rental income during the sale.

Flyp can place short-term tenants in empty legacy properties, ensuring homes are looked after, reducing insurance risks, and generating additional income for the estate until completion.

Special offer for ILM members:

· 50% discount on Flyp’s standard upfront fee (normally £375)

· Standard estate agent commission applies (typically c.1.5%)

· No additional upfront costs to the estate

For more information, visit: www.flyp.co