So, you have made the decision that you want to sell your property portfolio and now you’re thinking, who will buy my property portfolio and where do I find a buyer?
The biggest hurdle you will come across when selling a portfolio of properties is time wasters. The idea of a portfolio purchase is appealing to everyone who is involved in property and the excitement to see what you have to offer will mean that you will definitely have interest in the portfolio regardless of where or how you market the opportunity. The problem here is that for the majority of investors, this is purely a pipe dream and the reality is that only a small percentage will actually be in a realistic position to purchase.
Here are points that we’ve addressed which will hopefully help you answer the question of “Who will buy my property portfolio?”.
How do I avoid time-wasters?
The most effective way to avoid time-wasters is to sell your portfolio off-market through a reputable selling agent or broker. An efficient broker will have tried and tested buyers along with reliable contacts who can accurately match your portfolio to the right clients in a confidential and discreet manner.
Selling a portfolio on the open market on the likes of RightMove or Zoopla will of course attract attention, just not necessarily from the right people. You can find out more about selling a property off-market here!.
Who are these buyers and how are they qualified?
We know our buyers.
The difference between plastering your portfolio all over social media or online property portals and using an off-market specialist broker is that we have built up an understanding of our buyers’ requirements, budget and purchasing capabilities. We have lengthy discussions with buyers via Zoom calls or face-to-face meetings to really get to know what they are looking to achieve with their investments and the best course of action to make this happen.
Where required, we also introduce our buyers to specialist property partners to ensure they have funding in place, solicitors ready and lettings agents at hand to manage any purchase they make.
In short, we take the time to really get to know our buyers and ensure we are confident that when provided with an appropriate portfolio purchase opportunity, they are fully prepared to take action and more importantly, deliver on the purchase.
How can I find out if there would be interest in my portfolio?
The easiest way to answer the question of “Who Will Buy My Property Portfolio?” is to book a free consultation call with us. We’ll discuss your portfolio and goals in more detail, get a better idea of what you are selling and give you valuable guidance on selling it. Of course, we’ll also let you know if we’re able to help you with the sale. Where possible, it’s always great to meet in person and get to know you better and fully understand what you are looking to achieve.
If you’d like to chat, there is a booking page on our website or email me at [email protected].
Summary
You will have heard of the phrase ‘too many cooks spoil the broth’ and this couldn’t be more appropriate when it comes to selling a property portfolio. It may be tempting to try and advertise far and wide to try a buyer, but when it comes to higher-value sales and those which only a small percentage of investors are capable of purchasing, this isn’t an effective method. Before you know it, the information on your portfolio will have spread through numerous sourcing agent mailing lists and social media groups. What happens then, is that the true value of the portfolio will be diluted and you will struggle to sell.
So the crucial answer to finding your right buyer is using a trusted broker who specialises in portfolio sales eradicates the time-wasters, speeds up the process considerably and helps you get the best possible price for your portfolio.
If you would like to discuss your portfolio and find out how we can help you, please get in touch for a no-obligation consultation. Book a call here!
