Get The Price You Deserve For Your Lettings Agency UK's #1 Seller with over Five Hundred Lettings Businesses sold
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No Sale,
No Fee
Over 12,000
Buyers Database
We Only Act
for Sellers
More than 500 Businesses Sold
£300 Million of
Business Sales
UK #1 Seller of Letting Businesses
We are an experienced broker with an unrivalled reputation for selling letting businesses in the UK with a turnover of between £200,000 and £20 million p.a. . With over 30 years of experience and a proven 6-step marketing process, we have the expertise and resources necessary to help you achieve the best possible price for your business.
Uniquely we only act for sellers, which avoids the conflicts of interest that frequently arise with brokers who act for buyers as well. Additionally, our no sale no fee policy, means that there are no upfront costs and you will only ever pay us a fee from the proceeds of a successful sale.
Confidentiality is a priority so we will only share your details with buyers who are registered on our database and you always get the right to decide who receives your details. Once a sale is agreed our panel of solicitors, accountants and due diligence experts will help to ensure a smooth and swift completion of the sale on the terms that were originally agreed.
Whether you are looking to leave the letting industry for another sector or preparing to enjoy your retirement, now is a great time to sell.
Don’t accept below market price offers from direct buyers.
Get the price you deserve with a broker you can trust. Choose Adam J Walker & Associates.
With over 30 years’ experience and a proven 6 step marketing process we have the expertise and resources necessary to help you to achieve the best price for your business.
Why Use Us?
Our 6-Step Process
Want to enjoy a smooth, trouble-free sale and achieve the best possible price for your business?
That’s exactly what you’ll get with our streamlined 6-step process, which is supported by professional advice from our panel of carefully chosen solicitors, accountants, due diligence consultants and tax advisers.
We will compile a comprehensive and accurate information pack that showcases your business in the very best light. The way in which the numbers are presented will have a huge impact on the price that you achieve for your business and by ensuring the numbers are accurate we will avoid problems later in the sale.
Setting an accurate guide price is essential in order to achieve the best price for your business. Our unrivalled experience will enable us to give you an accurate and achievable valuation. Unlike some of our competitors we will not give you an inflated value to win your business then reduce it later. We sell over 90% of our business for within plus or minus 10% of the original guide price.
Our database of over 12,000 qualified buyers built up over the last 30 years, means that we never need to advertise that your business is for sale. Many of these prospects will be buyers that you would not have found yourself. We will use our experience to grade these buyers in order to ensure that the best and most reliable buyers get the details first We will then send you a list for your approval.
You will retain the absolute right to veto who receives your business details and no-one will be sent details without your written consent in advance.
We will run a highly proactive marketing campaign over a six week period with a formal closing date for offers at the end of it. This ensures that all the potential buyers have a fair chance to make offers for your business. Bringing all the horses to the finishing line at the same time is essential in order to ensure that we achieve the very best price for your business and You will never be pressed to take an offer from the first buyer that comes along. At the end of the six week marketing campaign you will know that you achieved the best possible price for your business because of the transparency of the process that we used.
The best buyer isn’t necessarily the one who offers the highest price. We will help to negotiate all the other terms of the offer such as the payment terms and how much of the purchase price will be deferred. We will also use our experience to advise on the experience and track record of each of the buyers in order to ensure that you do not accept an offer from a buyer with a reputation for trying to reduce the price that they have agreed later in the process.
For every hour that we spend agreeing a sale we will spend several more hours progressing the sale once it has been agreed. Hundreds of things can go wrong with a sale. The most common problem is that buyers will often try to reduce the price that they have agreed to pay by claiming that they have found problems with the business during the due diligence process or by using sophisticated accounting tricks to try to cheat you out of money that should have been yours. Our job is to use our experience and technical knowledge to prevent this and to ensure that your sale completes on time and most importantly on the terms that were originally agreed.
Plus, once your sale completes, we’ll still be there to ensure the acquisition smoothly integrates into the buyer’s business and that any deferred consideration is paid to you in full.
What Our Clients Say
“Hi Adam,
Thank you so much your help throughout has been superb.
Best of luck with your future.
Many thanks,”
Andy Matin
Matin Capital Limited
“Our journey to completion of the sale of our business has been a long and sometimes fraught experience as we navigated the obstacles of talking to potential buyers, losing potential buyers and then landing on the right buyer! During this time, Julie Drake was professionalism personified! She guided us with a firm hand when needed and with sympathy and understanding where required. At all times, Julie was calm and level-headed, never became flustered or frustrated, calmly reassuring us at all times. We felt totally at ease with Julie all the way through the process and her positive persona throughout gave us total peace of mind. The fact our buyers felt the same demonstrates that Julie was consistent over the course of the sale. We were very fortunate in our choice of buyer, but more fortunate to have had such a fantastic broker as Julie. We certainly could not have dealt with the sale on our own and could not recommend her any higher to any would-be agency seller.”
Hugh & Gloria White
Whites Independent Lettings
“Having decided to retire after 44 years in my current business, I chose Adam J Walker and Associates to advise me and to carry out marketing discretely. I have to say, I have been very happy with the service and assistance received from them in bringing the sale to a very satisfactory conclusion.”
Colin Ollive
SD Lambert in Upton
“Julie provided excellent service that I received before, during and after I put my business with Adam J Walker for sale. A number of potential buyers were quick to show interest and the asking price was achieved.
Even after the sale had gone through Adam J Walker remained "on hand" to help and advise me.
I can highly recommend them.”
Terry Rogers
Castle Estates Ltd
"Adam provided an excellent service from start to finish. During the initial stages he recommended a number of interested parties, all of which seemed very credible and after a series of meetings we were in a fortunate position of having several offers to consider. After we accepted an offer and began the legal work and due diligence, Adam provided invaluable advice and helped us overcome several obstacles in what can be a very stressful process. Throughout the sale I was continually impressed by Adam’s responsiveness and having now completed on the sale we are very grateful for the assistance that he provided. If you are looking to sell your letting/estate agency business, I would highly recommend speaking with Adam Walker."
Craig Wildy
Beresford Residential
"Adam was invaluable in working through the complexities of the sale, extremely professional and always available"
Luke Simpson
Aston Rowe Lettings
"Adam was brilliant. His detailed knowledge and experience was invaluable and his recommendation of a suitable solicitor was crucial. I’m not sure we would have got through the due diligence without the solicitor’s specialist knowledge."
Mike Dewhurst
Dewhurst Lettings
"Adam has been providing invaluable services to my business for over five years. Adam not only ensured we got the right value for our business but also stayed with me step-by-step throughout the duration and his expertise and advice was pivotal in securing the sale."
Steven Govier
London Residential
"Adam’s depth of knowledge in the sale of estate and letting agencies is well known in the industry. We weren’t disappointed. He was informative and responsive from the outset. His negotiation skills secured an excellent deal and he was on hand to deal with challenges and issues as they arose during the process ensuring a positive result."
Paul Connolly
Orchards of London
“It was a very quick sale. The buyers are the perfect fit to take over our lettings business and we achieved our anticipated price. The communication between all parties was expertly handled as was the sales progression and progress. Well done to all at Adam Walker.”
Peter Large
Peter Large and Co
Frequently Asked Questions
Now is a very good time to sell a letting business. Prices are at a record high and there are plenty of good buyers in the market.
Letting businesses are usually valued on a percentage of their turnover not their profit. The most valuable part of a letting business is the income from managed properties as this is the most secure revenue. Income from let only properties is valued at a much lower multiplier.
There is always a market for letting businesses, but sales businesses only achieve good prices for about 3 years in every housing market cycle. The market for sales businesses has been affected by the rise in interest rates and the current economic uncertainly and if possible you should wait for prices to recover before you sell.
Sales businesses are usually valued on a multiple of pre tax profit not on turnover. This is because it is harder to merge sales businesses than letting businesses.
There are 4 key things that we do to make sure that you get the best price. We will ensure that the sales prospectus shows the business in the best light. We will run a proper marketing campaign over a 6 week period with a formal closing date for offers art the end of it to ensure that you get the right price We will use our experience to help you to choose a reliable buyer. Most importantly of all we will use our experience to get your sale through first time at the price that was originally agreed.
Length of sale varies. It usually takes anywhere from 3 to 6 months to find a buyer, and then to get the sale through to completion. However we once completed a sale in 4 days.
The only way to be sure that you achieve the best price is to have several buyers bidding against each other to buy the business. We can do this far better than the business owner can themselves. The second major issue is that we have the expertise to get the sale through first time. Most private sales fall through usually because the buyer tries to reduce the price agreed later in the process. The buyers are much less likely to behave like this if we are involved in the sale.
There are many things that you can do in the months before you sell that will increase the value of your business considerably. Please go to the consultancy page for more information about how we can help you to do this.
Unfortunately, we only act for sellers. We feel that it would be a conflict of interest to advise buyers on how to buy a business at below market value.
Yes. Please find all information on our services on partnerships splits here.