How is the value of a rent roll calculated?
The value of a rent roll is determined by factors such as the annual management income, retention rates, property types, and market conditions. Our valuation process provides a clear, accurate assessment based on these criteria.
What should I consider when buying a rent roll?
When purchasing a rent roll, key considerations include:
- Retention rates
- Compliance with POI (Proof of Identity) requirements
- Staff transitions
- Compatibility with your existing portfolio
We guide you through each of these factors.
How long does it take to sell a rent roll?
The timeline for selling a rent roll varies depending on the size of the portfolio, market conditions, and the due diligence process. On average, it takes 3-6 months from listing to settlement.
What are the common challenges during a rent roll transition?
Challenges include retaining landlords, ensuring compliance with documentation, and managing staff transitions. With our expertise, we help you overcome these hurdles to ensure a smooth process.
Can I sell my rent roll confidentially?
Absolutely. We specialise in confidential transactions to protect your business relationships and reputation while finding the right buyer for your portfolio.
Do I need to take on staff when buying a rent roll?
It depends on the terms of the sale and the size of the rent roll. We help you evaluate whether retaining existing staff is beneficial for a smooth transition.
What documents are required for a rent roll sale or purchase?
Key documents include Management Agency Agreements (MAAs), Proof of Identity (POI) for landlords, and complete property management files. We assist in ensuring all documentation is in order.
What is retention, and why is it important in rent roll sales?
Retention refers to the percentage of landlords and tenants who remain with the buyer after the transition. High retention rates are critical for ensuring the ongoing profitability of the rent roll.
Why should I choose MC Rent Roll Broking?
We bring years of industry experience, a client-first approach, and proven expertise in rent roll sales, purchases, and transitions. Our focus is on achieving the best outcomes for your business while making the process as smooth as possible.