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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It might seem a bit soon to be talking about the recovery, but sooner or later it will come and having worked through the last 4 recessions in the housing market, believe me when I say that the upturn will be the time of greatest danger for most businesses. A lot of residential estate agency…

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I hesitate to write anything about the impact of Coronavirus. It is by far the worst thing that has happened to the world in my lifetime and the enormity of the situation and the impact that it is having on people’s lives is terrifying. The debate that is about to commence across the world will be…

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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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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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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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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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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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Since the Brexit vote and the resulting downturn in the housing market, much of my consultancy work has involved helping clients to reduce costs, says Adam Walker, but we have to avoid chopping the critical elements of the business! When things are going well, it is all too easy to let costs increase and a…

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