Management Rights - Demand vs Supply

Many vendors consistently ask, 'Why have I not SOLD my Management Rights?' 

This question has many answers

       Q.  Am I priced correctly?
       A.  Did you go to the market to sell or just 'test the waters'?

Unfortunately inexperienced brokers will not or do not want to tell the vendor the true picture of the industry and continue to buy their listings.

Real Estate agents grossly overpriced, inflated multipliers, all with the intention of 'buying another listing'.

Browse the World Wide Web and see Brokers with 100 or so listings - the majority are just 'another listing', many are overpriced and will never sell unless a major correction is made to the price.
      
       Q.  Are there plenty of buyers available?
       A.  With finance readily available, buyer enquiry is certainly consistent.

HOWEVER, buyers will only purchase at 'market value', subject to all the normal terms including valuation.
      
Large nett profit management rights are the exception, a simply equation of 'supply and demand' and more demand than supply. This bull market at the top end will continue to be exceptionally strong.
    

Vendors

Thinking about selling?

• Seek the correct advice
• Have your Real Estate valued
• Have your Accountant prepare a Profit & Loss Statement for purpose of sale
• Engage a trusted experienced Broker to price your business
  

Otherwise you become 'another listing' appearing on a web page, just to make up the numbers.
      

Buyers

If  you are considering entering the Management Rights industry, register your future interest today.

The majority of correctly priced management rights are SOLD by a quick phone call to a pre-registered and qualified buyer, naturally subject to normal contract conditions.

Exploring The Industry

Numerous industry seminars are held throughout any year.  The majority of these will give an insight into how the industry functions and what is required regarding licencing, qualification and finance.

Various industry representatives talk at these seminars giving a description of the accounting checks and balances, the legal due diligence required when buying into the industry and the time frame required to purchase and settle.

MRSales are involved in numerous seminars, including an independant group 'RUMAS' - Resident Unit Managers Advisory Service, and one-on-one talks with individual enquirers.  We are always happy to help, provide information and contacts that may help you, the intending purchaser, join our prosperous and rewarding industry.