Management Rights - Demand versus Supply
Many vendors consistently ask why have I not SOLD my Management Rights?
The 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 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 their plenty of buyers available?
A. With finance readily available, buyer inquiry 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 too 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.
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