Letting & Estate Agent Podcast

3 Top Tips to sell your Lettings Agency - Ep. 2348

Oct 6, 2025
Join Lucy Noonan, founder of Atomic Consultancy, as she shares invaluable insights for estate and lettings agency owners contemplating a sale. Lucy emphasizes the importance of preparing your business for sale early to enhance its value. She highlights the risks associated with owner-dependence and the necessity of robust financial presentations to potential buyers. With her top three tips—work on the business, understand your numbers, and plan for tax—listeners gain essential strategies for a successful exit strategy.
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ADVICE

Make The Business Run Without You

  • Work on your business, not just in it, to make it sellable and reduce single points of failure.
  • Build clear roles and robust systems so the business runs without you and appeals to buyers and funders.
INSIGHT

Residual Income Drives Valuation

  • Buyers and funders value residual, predictable income, which is why lettings management attracts higher valuations.
  • Sales income is cyclical and less attractive unless processes make it reliable and visible to buyers.
ADVICE

Show Granular, Verifiable Financials

  • Get granular, up-to-date financials showing revenue by service line and detailed costs before you go to market.
  • Present CRM and P&L evidence so buyers can verify recurring management income and profitability easily.
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