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Get The Price You Deserve For Your Lettings Agency
Get The Price You Deserve For Your Lettings Agency
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Ready to Sell Your Letting Agency? Get In Touch
Value of Businesses Sold; Over £1 billion
Over 700 Businesses Sold
A Team of 8 Experienced Staff
We Only Act for Sellers
No Sale, No Fee
UK’s #1 SELLER OF LETTING BUSINESSES
We are the UK's most experienced brokers with an unrivalled reputation for selling letting agencies with a value of between £500,000 and £100 million.
With over 32 years’ experience and a proven 6 step marketing process we have the expertise and resources necessary to ensure that you achieve the very best price for your letting agency and a smooth and trouble free sale. We are currently achieving record prices for good quality letting businesses, so whether you are leaving the letting industry for another sector or are planning to retire, now is a great time to sell your business.
Don't take a below market offer from a buyer who approaches you directly and don't run the risk of dealing with a less experienced broker. Get the price that you deserve for your business with a broker who you can trust.
Call our experienced team
OUR 6-STEP PROCESS
Want to enjoy a smooth, trouble-free sale and achieve the best possible price for your business?
That’s exactly what you’ll get with our streamlined 6-step process, which is supported by professional advice from our panel of carefully chosen solicitors, accountants, due diligence consultants and tax advisers.
1
Laying the groundwork
We will compile a comprehensive and accurate information pack that showcases your business in the very best light. The way in which the numbers are presented will have a huge impact on the price that you achieve for your business and by ensuring the numbers are accurate we will avoid problems later in the sale.
2
An accurate valuation
Setting an accurate guide price is essential in order to achieve the best price for your business. Our unrivalled experience will enable us to give you an accurate and achievable valuation. Unlike some of our competitors we will not give you an inflated value to win your business then reduce it later. We sell over 90% of our business for within plus or minus 10% of the original guide price.
3
Buyer
approval
Our database of over 12,000 qualified buyers built up over the last 30 years, means that we never need to advertise that your business is for sale. Many of these prospects will be buyers that you would not have found yourself. We will use our experience to grade these buyers in order to ensure that the best and most reliable buyers get the details first We will then send you a list for your approval.
You will retain the absolute right to veto who receives your business details and no-one will be sent details without your written consent in advance.
4
Powerful marketing
We will run a highly proactive marketing campaign over a six week period with a formal closing date for offers at the end of it. This ensures that all the potential buyers have a fair chance to make offers for your business. Bringing all the horses to the finishing line at the same time is essential in order to ensure that we achieve the very best price for your business and You will never be pressed to take an offer from the first buyer that comes along. At the end of the six week marketing campaign you will know that you achieved the best possible price for your business because of the transparency of the process that we used.
5
Negotiation of terms
The best buyer isn’t necessarily the one who offers the highest price. We will help to negotiate all the other terms of the offer such as the payment terms and how much of the purchase price will be deferred. We will also use our experience to advise on the experience and track record of each of the buyers in order to ensure that you do not accept an offer from a buyer with a reputation for trying to reduce the price that they have agreed later in the process.
6
Proactive sales progression
For every hour that we spend agreeing a sale we will spend several more hours progressing the sale once it has been agreed. Hundreds of things can go wrong with a sale. The most common problem is that buyers will often try to reduce the price that they have agreed to pay by claiming that they have found problems with the business during the due diligence process or by using sophisticated accounting tricks to try to cheat you out of money that should have been yours. Our job is to use our experience and technical knowledge to prevent this and to ensure that your sale completes on time and most importantly on the terms that were originally agreed.
Plus, once your sale completes, we’ll still be there to ensure the acquisition smoothly integrates into the buyer’s business and that any deferred consideration is paid to you in full.
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Are you Buying a Letting Agency?
Are you Selling a Letting Agency?
DON’T RISK USING A LESS EXPERIENCED BROKER
Are you thinking of using a less experienced broker?
They will never be able to achieve the same results as us, for the reasons given above.
Over the last few years and number of new brokers have begun to compete with us. However, none of them can compete with our track record of 700 completed sales with a total value of over £1 billion. This unrivalled level of expertise will enable us to achieve the very best possible price for your business and a smooth and trouble free sale in a way that no one else can do.
DON’T RISK SELLING YOUR BUSINESS YOURSELF
By selling your business yourself you will not be able to access the full buyer pool and bring buyers to submit offers on the same closing date. Without this, competition is not created, and the best price can not be achieved.
We know of many cases where a business owner has been approached directly by a buyer and has sold their business for significantly less than its market value. Several of these cases have been featured in the trade press. We have also dealt with many cases where a business owner has received an offer of £X from a private buyer and we have later achieved an offer of as much as 30% more. It is almost impossible to achieve the best price for your business unless you generate multiple offers for it. Even if you do achieve a good initial price there is a very high probability that the buyer will reduce it later in the process. If you have received a direct offer for your business do not accept it without speaking to us first.
Call our experienced team
WHAT OUR CLIENTS SAY
10 biggest mistakes to avoid when selling your letting business
10 good reasons why you should not try to sell your letting business yourself
FREQUENTLY ASKED QUESTIONS
We have compiled some of the questions our sellers most often ask about selling their letting
business to provide you with helpful information and guidance.