Why 2020 is the Best Time to Sell Your Letting Agency

What has the recent election result got to do with selling your letting agency? A lot, as it happens. It doesn’t matter what you think about the result, just that we have one. Why? Because with a definitive election result, the cloud of uncertainty that has hung over the country since the Brexit vote has…

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Will the Value of a Letting Agency Rise Further?

The value of a residential sales business is currently about 25% of what it was before the Brexit vote.  The reason for this is economic uncertainty and a lack of confidence in the housing market.  The value of a let-only letting business is about 50% of what it was before the Brexit vote.  This is…

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How to value a letting agency

A lot of nonsense has been written about how to value a lettings business.  Some people say that they are valued on a multiple of profit.  They are not.  I sold a letting business recently for £3.65 million which was trading at a loss!  Some people say that they are valued on a multiple of…

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Is now a good time to buy a letting agency?

I don’t think that there has ever been a better time to buy a letting agency than right now.  The income from a good quality letting agency is absolutely secure and so long as you don’t do anything stupid to upset the landlords such as forgetting to pay their rent, the vast majority of them…

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Why buying a letting book makes sense

Several of our big business sales have been announced over the last few weeks and the trolls have been busy slagging off the buyers. Their view is that the buyers have paid far too much money for what they have bought and that they will never get it back because the landlords will all leave…

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Why Buying a Letting Book Makes Sense

Several of our big business sales have been announced over the last few weeks and the trolls have been busy slagging off the buyers. Their view is that the buyers have paid far too much money for what they have bought and that they will never get it back because the landlords will all leave…

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Sale of three Lettings Agencies completed in 10 days

The market for successful lettings businesses is still strong according to one of the country’s leading business transfer agents, reported Letting Agent Today on the 28th May. Adam J Walker and Associates has sold Daisy Lets in Maidstone to (local competitor) Seekers, SD Lambert in Upton to Baker and Horner and Whites Independent Lettings in…

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How we can help you sell your agency

Adam J Walker & Associates have over 25 years of experience as brokers for letting agencies and only letting agencies. Nothing else. This focus means you’re guaranteed unrivalled expertise and know-how, as well as a smooth, hassle-free sales process. We’ve sold over 1000 letting agencies. Our well-resourced 7-person team have worked within the letting agency industry and…

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