Selling a Rent Roll
Selling a Rent Roll
There are many reasons why the decision to offer a rent roll for sale comes about. Regardless of the reasons it is without doubt that you will improve your outcome through engaging professional help along the way.
CPI Business Sales is here to work closely with you and your professional advisors to maximize the opportunity for a successful rent roll for sale outcome.
What is my rent roll worth
The worth of a rent roll is a reflection of what return it can generate, and of cause byer demand. Things that influence the value include but are not limited to fees, average commission per property, mix of rentals, vacancy rates, demographic etc. In establishing a price estimation for your rent roll, CPI Brokers will request and review specific financial data from your management system as well as comparable sales to achieve the best possible outcome for you.
The selling process
Having an idea of the process involved in a business for sale is important and should include the following milestones.
Business Review – CPI Business Sales will undertake a thorough review of your Rent Roll and recommend a price, strategy actions to enable the best possible outcome.
Negotiation of Sale – CPI Business Sales acts as a professional intermediary between parties to achieve a desirable outcome while making the process as stress free and seamless as possible. We will work with you to determine an appropriate price within the negotiation.
Exchange of Contracts – CPI Business Sales understands and uses specific Rent Roll sale contracts that cover off things like restriction of trade, retention’s, first and second settlements. We work closely with both the buyers and sellers legal advisors to achieve a satisfactory agreement and keep the whole process on track.
Pre-Settlement – CPI Business Sales has checks and balances throughout the process to make sure both buyer and seller have completed all assignments, disclosures and warranties to allow settlement to complete. We work with all parties concerned to keep the deal on track.
Settlement – CPI Business Sales are there to assist in both first and second settlements to ensure all parties are satisfied to complete the transaction.
Contact CPI Business Sales now for more information