20 key Steps in ensuring you understand and are prepared for the sale of your Rent Roll or Real Estate business…
- Professional Advice
- Data Collection and Assembly
- ‘Business Health Check’ Appraisal
- Preparation for Sale
- Exit Plans
- Broker Selection & Documentation
- Business Information Packaging
- Marketing Strategy
- Target Buyers
- Sale Negotiations and EOI
- Sale Agreements
- Restraints and Employees
- Client Retention
- Due Diligence
- Finance
- Completion of Sale
- Goods and Services Tax (GST)
- Business and Client Transition
- Retention Adjustments
- Professional Indemnity Insurance
Step 1 preview…A Rent Roll or Estate Agency, like any business sale is a complex process. To ensure maximum personal and financial outcomes, it is important to engage the right professional advice from the outset. Assembling the right ‘project team’ from the outset is critical in obtaining the best possible outcome. These include but are not limited to:
A specialist Lawyer | Tax Accountant | Financial Advisor | Business Broker
“A typical mistake Sellers often make is to appoint the ‘family lawyer’ rather than an experienced Specialist who knows and understands the special nature or rent roll and real estate business sales. Obtaining the wrong advice can be a very expensive mistake and can unnecessarily delay or even jeopardize the sale.”