NNew England Capital
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Novation JV program

Submit your novation deal to New England Capital

You bring the seller. We price the deal, handle the contract, the listing and the closing, then split the net JV fee with you at close.

Compliance rule
Do not bring up or even say the word novation or MLS to the seller.
How it works
01
You find the deal
Direct seller contact in an approved state, with a price and a timeline.
02
We review and price it
Same business day during business hours. We tell you where it stands.
03
We run the transaction
Contract, listing, buyer, and closing coordination are ours.
04
You get paid at closing
Half the net JV fee, paid through the closing agent at settlement.

What qualifies

You have spoken directly with the seller or an authorized decision maker
The property sits in one of the eleven approved states
The seller has named an asking price
There is a real motivation and a workable timeline
There is enough equity for the deal to work
A retail resale is realistic for the property

Compensation

50 / 50

An even split of the net JV fee, paid to you at closing. Nothing is owed up front and nothing is deducted before close.

States we buy in

Eleven approved states. Deals outside these are not reviewed.

OhioTexasGeorgiaAlabamaFloridaIndianaVirginiaMarylandMichiganMissouriOklahoma

Who does what

Read this before you submit. It settles most of what partners call about.

You handlePartner
Finding the seller and building the relationship
Confirming the asking price and the timeline
Submitting complete, accurate deal information
Telling the seller to expect a call from New England Capital
Staying off the topic of novation and MLS entirely
We handleNew England Capital
Pricing the deal and deciding whether to proceed
The seller call and all negotiation after submission
Contract paperwork and signatures
Listing the property and securing the end buyer
Closing coordination and paying your half at settlement

Ready to submit a deal?

Register to submit a deal