Would you like to rapidly increase your sales? We take a look at the most effective solution for achieving this: buying management and trustee portfolios.
The purchase of management and trustee portfolios consists of acquiring portfolios of properties managed or syndicated by other real estate professionals.
It's an effective strategy for property managers looking to quickly grow their business. It ensures a sufficient volume of lots to make the activity profitable thanks to economies of scale, but also to quickly generate new revenue.
In addition, if well conducted, the purchase of lots and condominium trustees strengthens the brand's position on the market by expanding its offer while increasing its visibility.
It is essential to take into account various criteria to assess the quality of the portfolio, such as the quality of the properties, the profile of tenants and co-owners, current contracts, disputes, etc. Careful evaluation will make it possible to limit risks after the acquisition.
Repurchasing portfolios is a complex operation that requires solid expertise. It is therefore recommended to surround yourself with experienced professionals to carry out the operation successfully and to ensure that everything runs optimally.
It is important to have a clear management strategy for the assets acquired to maximize their profitability. It may be a good idea to group assets by geographic areas or asset types.
