How can you prepare your real estate business for market?

Valuing a rent roll or real estate business is one thing — having your portfolio audited and vetted is another.

Too many times we’ve seen sellers believe possessing a management authority transfer will be sufficient for them to be paid. But that’s only one piece of the puzzle. There are so many other items required to be handed over to ensure a compliant file.

Going through your portfolio and making sure that you have all critical documents — and that they are easily accessible — is fundamental to a smooth and efficient transaction.

Because the last thing you want to do is find a great buyer — however during due diligence — you run into challenges because you didn’t rectify items prior to taking your business to market.

In short: Paperwork and process gets the best price.