Finding the best buyer, then maximising the number of managements transferred (and paid for) are the goals when selling a rent roll. Likewise, receiving clean and compliant managements is the goal when buying.
Facilitating a Rent Roll Transaction
Distinct from finding and negotiating price, terms and obligations with a Buyer, facilitating a rent roll transaction focusses on maximising the transfer of managements. For Sellers needing a high conversion rate, an effective facilitation process is typically more onerous than they expect. As such, we’ve created a step-by-step process, including comprehensive guide, checklists, templates and tools to ensure both Buyer and Seller get the best outcome.
Buying or Selling a Rent Roll or Business
Losing Managements is expensive, as is acquiring ‘unsuitable’ or non–compliant Managements. Whether you’re buying or selling a rent roll or business, it’s critical to do it right. Black Hive provides an exceptional Transaction services to maximise returns and mitigate risk, along with practical guides, documents and tools for your business throughout the process.
Bringing new Managements and potentially new staff and equipment into an existing team is a challenge on several fronts. Many offices doing this for the first time underestimate the time and complexity surrounding rent roll acquisitions, causing fall–out for their team and clients.
Black Hive understands what to expect. Where most businesses struggle to cope with inevitable ‘speed–bumps’, Black Hive offers guidance and first–hand knowledge to cope with transitions. From presenting an offer, due diligence and through to post-Settlement, Black Hive can guide or assist when you’re looking to acquire.
Selling a rent roll represents the end of significant investments in time, effort and money. Settlement Day will be your return on this investment, so it’s critical to get as close to the valued amount as possible.
As the Seller, Black Hive will help you understand your obligations, key events and timeframes and assist with creating a tailored Transaction plan for you and your team. This includes an Asset Assessment, Management Conversion, Settlement and Retention Period tasks and priorities, along with key documentation needed and the responsibilities of those involved to get your asset ‘sale–ready’ and help wind down your property management business post–settlement.
Where Buyers and Sellers want guidance and the support of a Third–Party, Black Hive can facilitate the transaction process.
We’ll provide the same benefits, key documents and assistance for Buyers and Sellers they would receive individually, however, given the overlaps in working with both parties, we can provide these services at a lower cost. You’ll also have an expert available to ask questions and provide clarity around specific obligations, expectations and due dates, preventing friction in these often emotional and stressful events.
To get more information about the options of our Transaction service and how we help whether you’re a Buyer of Seller, contact us today.
See how other businesses have used and combined Black Hive's unique expertise to increase efficiency, maximise client satisfaction and gain advantage in the industry.
"Doug’s understanding of property management and service delivery, his writing style and ability to convey detailed or complex elements to clients in a simple way is exceptional.”
- Daniel Ganon, Deximal Property Services
Project: Property Management Suite
