Search results for: letting agency
Adam Walker’s 10 minute video on how your estate agency or letting agency can survive Covid 19
Here is a 10 minute video that I shot for Simply Conveyancing recently on some of the things that you can do to ensure that your business survives Covid 19. I hope you find it helpful. If you would like some individual advice on what your business should be doing at this very difficult time…
Read MoreWhy 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…
Read MoreWill 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…
Read MoreHow 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…
Read MoreIs 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…
Read MoreSale 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…
Read MoreHow 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…
Read MoreGetting the best price for your agency
Follow these 3 golden rules to ensure your letting agency sells for the highest price possible: Review your agencyIf you’re thinking about selling in the near future, now is the time to get your agency ready for the market. Take stock of what’s working and what isn’t. Then make the changes you need to get…
Read MoreThe demise of the online estate agency sector
‘Happy New Year… As I sit down to write this article, the first one of 2019, the estate agency news magazines, websites, portals and indeed, Twitter, are full of stories about the demise of the online estate agency sector, says Adam Walker, I hate to say ‘I told you so,’ but…” Emoov has just collapsed…
Read MoreWhy Councils should not be letting agents
For the first time in twenty-five years, I have resigned from a consultancy assignment without finishing it. I was asked by a council to help them to prepare a business plan to set up their own letting agency. I had reservations about taking the job from the outset but I had no other clients in…
Read More