Follow these 3 golden rules to ensure your letting agency sells for the highest price possible:
- Review your agency
If 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 it working at its optimal efficiency, boost your turnover and ultimately increase its value so you can get a higher price when you plan to sell. It’s hard to objectively review your agency, so it pays (quite literally) to get an experienced consultant to do so.
- Don’t give in to pressures from big letting agencies
Have you received letters in the post from big letting agencies pushing for a private sale? Maybe you’ve had emails too or even cold calls. They have their sales patter down to an art form but ultimately, they’ll be getting a bargain, and you’ll be paid less than your business is worth.
- Use a broker that knows how to drive your sale price up
Brokers can get your letting agency in front of buyers you wouldn’t even know about. That’s great when it comes to finding the highest bidder, but a reputable broker shouldn’t stop there. To genuinely get the highest price possible for your agency, you need a broker who can get potential buyers to compete against each other to drive up the price.
It’s simple. With Adam J Walker & Associates you get the best sale price, the smoothest sale process and the best start to 2020. We also provide consultancy services to get your letting agency sales-ready if you’re looking to sell in the future.