Nikki's Insights
Property managers often view their rent rolls as simple asset lists, but experienced buyers see them as complex business portfolios requiring careful evaluation. The difference between a professional sale process and a DIY approach can mean tens of thousands of dollars in lost value, not to mention significant legal and operational risks that could impact your reputation and future business opportunities.
Property managers often view their rent rolls as simple asset lists, but experienced buyers see them as complex business portfolios requiring careful evaluation. The difference between a professional sale process and a DIY approach can mean tens of thousands of dollars in lost value, not to mention significant legal and operational risks that could impact your reputation and future business opportunities.
It's one of the most difficult conversations in business brokering: explaining to a passionate business owner why their "baby" isn't worth what they believe it should be. After years of building, growing, and nurturing a business, owners naturally develop emotional attachments that can cloud their perception of market value.
"I'll sell when the market improves." "We'll acquire that competitor when their industry stabilises." "Once interest rates come down, we'll explore our options." These common refrains reflect a fundamental misunderstanding about business transaction timing. While market conditions matter, they're just one factor in a complex equation that includes personal circumstances, business performance, industry trends, and opportunity costs.
The statistics are sobering: studies consistently show that 70-90% of mergers and acquisitions fail to create the anticipated value. While due diligence typically focuses heavily on financial metrics, operational synergies, and market opportunities, the human element—culture, leadership styles, and organisational compatibility—often receives minimal attention until it's too late.
Most business owners assume all brokers are essentially the same, but the reality is starkly different. The gap between an average broker and an exceptional one can mean the difference between a quick, low-value sale and a strategic transaction that maximises your decades of hard work.