The first quarter of 2021 has been very busy for Adam J Walker with a record number of sales being reported in areas right across the country. Despite the effects of the pandemic, sales of Estate and Letting Agencies have been very buoyant with many sales, especially of managed letting agencies, attracting strong competition.
Broker Julie Drake who has managed the sales of Elavace Estates, North West Estates, McLeans Property Services, Harrison, James and Hardie, Compass Land, Emmerson and Company, Taylor Garnier and Alan Goldin commented, ‘We have many purchasers chasing us for businesses, which is producing good competition. The market for good quality businesses is very strong at the moment. As a result we are regularly agreeing offers that are significantly above the guide prices.’
Commenting on her sale Steph Dunn of Elavace Estates in Liverpool said, ‘Julie at Adam J Walker was fantastic throughout, from the get go she drove the sale forward and was focused on the detail. We were really pleased with the turnaround and we have a positive ongoing relationship with the buyer in other areas of our group of companies as a result’.
Owners of another successful sale Alfred and Jennifer McLean of McLeans Property Services Ltd in Nottingham, having made the hard decision to sell in order to retire, were very keen to find a buyer who would continue their excellent work and suit their landlords needs. By using our services here at Adam J Walker they were able to draw on our many years of experience to help them find the right buyer whilst feeling supported all the way. Jennifer said, ‘Julie was excellent and very on the ball. She was in our corner the whole way through.’
“The market for good managed letting businesses is still strong, as demonstrated by prices achieved that were well over the asking price for both Sinclair Properties and Aston Rowe. Demand for residential sales businesses is recovering and will hopefully continue to do so over the next few months.’Adam Walker, founder of Adam J Walker and Associates
Owners of Aston Rowe, Billy Rowe and Luke Simpson really valued our expert advice and expertise in handling their sale with Luke commenting, ‘Adam was invaluable in working through the complexities of the sale, extremely professional and always available’.
Similarly Niall McTurk of Sinclair Properties is happy to recommend our services and commented on how Adam’s in-depth knowledge of the lettings business enabled a smooth and successful sale to a company who share their values and are well placed to further develop the award winning business that he had developed over the past 21 years.
Looking ahead, Julie has another 6 completions due at the end of the month and Adam has 4 which will finish off a similarly successful second quarter.
If you are thinking of selling, do give Adam J Walker and Associates a call on 07785277262 or email firstname.lastname@example.org. They are business transfer agents and management consultants who have specialised in the property sector for over thirty-five years.