Would you like a valuation consultant to call you?
Real Estate Practice Valuations
The team at perthvaluer.com.au includes a specialist in real estate practice valuations. Graham O'Hehir conducts up to one dozen valuations each year of real estate firms. These valuations encompass both the valuation of the rent roll and the valuation of the sales department of the real estate firm.
Rent roll valuations (the valuation of the property mangement department) are usually based on a multiple of the nett management fees per annum of the total number of properties under management. The sales department is based on a multiple of the annual profit of the sales department or on the strength of the sales team and the brand name of the business. Traditionally the value of real estate sales teams has not been well regarded, but there is an emerging trend that real estate offices can justify some goodwill beyond the value of their rent rolls.
