Looking To Sell?
There are many reasons why you might like to consider the MRSales Team when selling your Management Rights business.
Look No Further
Collectively we offer over 60 years expertise in the Management Rights industry.
Please feel free to call us for a confidential one-on-one chat and appraisal on how to prepare your Management Rights to obtain the best market price.
Contact us today:
Office 07 5555 8200
Jake Clarke 0418 663 661
David Rotheram 0414 706 600
Warren Oliver 0416 216 625
Wal Karlo 0412 200 362
Nigel Kilgour 0421 333 268
Russ Clifford 0401 447 987
Judi Handscomb 0449 141 373
Lyn Clarke 0417 641 202
THE TEAMWORK OF SELLING MANAGEMENT RIGHTS
by Warren Oliver - Management Rights Sales
For as long as I can remember management rights brokers have urged vendors to be prepared when deciding to sell their management rights. Apart from making the residence neat and tidy and the general property in good order there are other things to be done to enable your broker to present your management rights to a potential buyer Teamwork is the key!
Too many vendors think you just run an ad, field some enquiry, present your sales pitch, have contracts signed and sit around waiting to be paid. If that were true everyone would be doing it.
An up to date P&L prepared by an accountant is critical not only to the broker but the purchaser and their bank. It also shows the vendor is serious about selling as they are prepared to spend money in order to sell their business.
Agreements should be topped up wherever necessary to make it easier for a buyer, not harder. Would you buy a management rights with 5 years left on the agreements? of course not, so don't expect anyone else too!
Be prepared to spend some money advertising your business; don't just expect the broker to carry the can. Brokers already run newspaper ads and your property usually will appear on a number of websites at their cost so don't think they aren't spending their money on your behalf.
We provide a check list of items we require when listing a property to make it easier to answer questions when a potential purchaser has queries and so we have all the necessary information at hand when we prepare contracts to speed up the process.
When we actually get to contract that's when our job as a broker really starts.
Dealing with the purchaser, the vendor, 2 solicitors, the accountant, the bank and their legal dept and maybe the Body Corp managers is not easy and sometimes you are running everywhere to hold the deal together.
That is where I come back to my original statement that teamwork is the key.
If you are prepared as a vendor and your business and residence are priced to meet the market after consultation with your specialist broker the team is in place and ready to sell!
Current Management Rights Owners Looking to Sell?
You are all aware of the 'pitfalls' of wanting to sell your valuable Management Rights without proper preparation, resulting in a 'Contract of Sale' that is terminated, or fails to settle due to one reason or the other.
We at MRSales offer the industry FREE one-on-one meetings to explain exactly what is required when and if you decide to move on and sell. Phone us on 07 5562 1423 or email us here
Developers 'Off The Plan' Management Rights
Developers and Project Managers: it is imperative to obtain a market appraisal of your NEW project as soon as Development Applications have been lodged with the appropriate authorities.
Contact us for a FREE introductory meeting on how you will obtain not only the best market price for your project, at the same time we will help eliminate the pitfalls that occur by not seeking early advice.
Having been involved in 'off the plan' for the last 10 years, we will give you the desired result.
Years of successful sales resulting in accepted industry practice, undeniably gives the team at MRSales a market edge.
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