FACT FILE
Adam Walker has been writing about the property market for many years. His articles have appeared in the Sunday Times and the Negotiator Magazine. He also once served a stint as the GMTV property expert and has published 6 books on a wide range of property related topics.
Will the Value of a Letting Agency Rise Further?
The value of a residential sales business is currently about 25% of what it was before the Brexit vote. The reason for this is economic uncertainty and a lack of confidence in the housing market. The value of a let-only letting business is about 50% of what it was before the Brexit vote. This is…
Selling your business in the next 5 years?
Some businesses sell for more than Ten times profit others sell for less than one. This course will show you how to increase the value of your business. Regardless of whether you are planning to sell in six months’ time or ten years’ time, the actions that you take between now and then will have…
How to value a letting agency
A lot of nonsense has been written about how to value a lettings business. Some people say that they are valued on a multiple of profit. They are not. I sold a letting business recently for £3.65 million which was trading at a loss! Some people say that they are valued on a multiple of…
Is now a good time to buy a letting agency?
I don’t think that there has ever been a better time to buy a letting agency than right now. The income from a good quality letting agency is absolutely secure and so long as you don’t do anything stupid to upset the landlords such as forgetting to pay their rent, the vast majority of them…
Could the Government end the 10% tax rate that is payable under the entrepreneurs relief scheme?
At the moment, if you earn £1 million in income, then you will pay income tax at the rate of 45%. If you sell your buy to let portfolio and make a profit of £1 million, then you will pay capital gains tax at 28%. But if you sell your business for £1 million, then…
Separating my most successful clients from the rest
I was told off the other day. It was for something that I have done many times before. I really should know better by now, says Adam Walker, property business guru. What was my crime? I tried to give someone advice that they did not ask for. It was advice that they badly needed but…
Why now might be a good time to sell your lettings business
The Brexit vote and the tenant fee ban have both had a very negative impact on the business transfer market but we are beginning to see light at the end of the tunnel again. The tenant fee ban has not had nearly as much impact on the income of letting agents as was predicted and…
Brexit vote and the resulting downturn in the housing market
Since the Brexit vote and the resulting downturn in the housing market, much of my consultancy work has involved helping clients to reduce costs, says Adam Walker, but we have to avoid chopping the critical elements of the business! When things are going well, it is all too easy to let costs increase and a…
Avoiding the wrong kind of cost cutting
Since the Brexit vote and the resulting downturn in the housing market, much of my consultancy work has involved helping clients to reduce costs, says Adam Walker, but we have to avoid chopping the critical elements of the business! When things are going well, it is all too easy to let costs increase and a…
How to prevent staff stealing money from your business
Employee fraud is a significant problem faced by organisations of all types and sizes, says, Adam Walker and there is no reason to think that estate agents and letting agents are exempt from it. Whilst we would all like to believe that our employees are loyal and honest, there are still many reasons why your…