Thinking of selling your lettings business?

18 Aug 2022

Over the last few years, Ultralets has seen exceptional growth through the hard work and motivation of our trusted colleagues driving the performance of our Lettings and Investment Teams. The other major contributor to this growth has come from the strategic acquisition of other agents in the local area.
 
These acquisitions have been the result of business owners or smaller agents making the decision to sell their business to pursue other interests or simply to scale back their commitments. These business owners see Ultralets as a reliable and safe option to sell their business to for a number of reasons:
 
A fair price
We have access to secure funds to be able to acquire businesses swiftly and efficiently with little to no hiccups in the transfer of business. By using a simple formula to calculate a fair offer for your business, we can ensure you will get a fair price from a reliable company with the means to back it up.
 
Good local reputation.
Our proven record of successful Lettings, with over 800 properties under our management means that we have established trust with our clients and gained a reputation in the local area as a secure and trustworthy agent for local Landlords to choose to manage their properties. Our business is built on reputation, we have the highest rating on Google over the largest sample size of any letting agent in the region.
 
We've got the blueprint
As we have built our reputation in the area as one of the leading Letting Agencies, we have acquired many lettings portfolios from other businesses along the road. As we have done this we have developed a strong blueprint for the process resulting in huge percentages of client retention following the transition of management. Your clients will begin reaping the rewards immediately.
 
A modern approach.
More often than not your clients will experience a service improvement, this is the benefit of joining a larger, more established Letting Agent, with no offence intended. Smaller agents that we take over may not necessarily have access to the resources and services that Ultralets offers, such as our in-house maintenance team who are able to provide fast and effective reactive repairs and emergency callouts 24 hours, 7 days a week. These improvements are often immediately noticeable which leads to high rates of client retention.
 
Will Taylor came to us as part of an acquisition of another business and he’s been delighted with our service. You can view his testimonial here: https://bit.ly/3qQbYQf 🔗
 
If you're thinking about selling your business or simply would like to know a bit more about the acquisition process for future reference, we can discuss the sale of your business in complete confidence. Drop Spencer an email at spencer@ultralets.co.uk 🌐

Posted By

Ollie Potten


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