Considering selling your lettings business?

Selling a business isn't something that is done lightly, even if things within the business are difficult at the time of sale.

When buying another agency, we’re acutely aware that this is often so much more than just a way to earn a living to the seller. At some point this person committed money, time, stuck their reputation on the line and threw caution to the wind to create something to be proud of, hopefully for generations to come.

Big respect to anyone that recognises when the time is right to sell. It’s a critical part of the business journey that people rarely plan for properly.

But when they do, we want them to walk away knowing that their clients are being looked after and that the transaction went as well as it could for all parties.


Ultralets is now a blending pot of 8 different companies, and itself:

We’d like to think we’ve learned something from each of the people who have sold their business to us and from the people that committed their careers to us in the process.
— Spencer Wood

Are you looking to sell your lettings portfolio? Further reading:

5 ways to prepare to sell your lettings business

What’s your letting agents worth?

When should you step back?

What are sellers (usual) main concerns?

Should you sell your lettings portfolio through a broker?

If you have any questions about selling or want to put the feelers out there, have a completely confidential chat with spencer@synergyforward.co.uk to find out if we could potentially be your buyer.

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5 key tips to grow a lettings business

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Acquiring the Peregrine Property lettings portfolio