There are many reasons why you might like to consider the MR Sales Team when selling your Management Rights business.
Look No Further
Years of consistent sales have resulted in a highly recognised team – the MR Sales team have the knowledge and possess the ability to liaise with industry professionals from bankers and accountants to lawyers and valuers – which gives MR Sales the knowledge and know-how to assist in determining what sells and why.
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 to get started.
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 another.
Many Vendors consistently ask the question, ‘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 for qualified Buyers, 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 simple equation of ‘supply and demand’ and more demand than supply. This bull market at the top end will continue to be exceptionally strong.
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, unless you the Vendor has an exceptional one-off listing, you can expect to sell at market valuation.
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 1300 928 556 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 12 years, we will give you the desired result.