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What’s the advantage of using the SIRE team to sell management rights?

17/4/2019

 
First of all, you’ll get a higher price. But more importantly, it’s a complex business transaction, quite different from residential, commercial or land sales. This is because there are so many conditions that need to be met
with numerous stakeholders and legislation involved in the contract. You really need a specialised expert who understands management rights from a commercial, operational and systemised point of view, and how the body corporate operates in order to ensure a smooth transition. This requires a team behind you who can warn you of possible complications and provide amicable solutions where all parties’ interests are protected.

​​​​​​​It might sound complicated, but we’ve had a 100 percent body corporate approval rate since the day we opened, so it’s second nature to us.
"If you think hiring a professional is
expensive, wait till you hire an amateur."
- Red Adair
This is a true art form. You have to be familiar with the process and also be a great negotiator to achieve a settlement. For instance, you need to know:​​​​​​​
  • the stakeholders’ interest in the transition
  • the management rights business you’re selling
  • the motivation behind why the seller wants to sell
  • why the buyer wants to purchase a particular management rights business
  • ​​​​​​​where the roadblocks are and how to deal with them before they arise
  • ​​​​​​​how to build rapport and trust, so all parties are working toward the same outcome at the same time
  • how the bank, valuer and committee work
  • how to prepare for the body corporate interview
  • how to educate the buyers and sellers about the process, including why and how it’s done
  • how to co-ordinate a team of management rights specialised service providers​​​​​​​
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How can someone avoid crashing the contract?


The SIRE Team has been systemising the whole process by refining and improving it daily. Our system is dynamic and consistently produces smooth settlements. We’re dedicated to providing the best service. And
the best part is that we love the process.​​​​​​​​​​​​
To find out how you can sell your management rights for the highest price download your free ebook "Management Rights Super Exit Strategy" by filling in your information below
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