A brand new on-line enterprise valuation software tailor-made particularly for letting companies has been launched by Nurtur and Adam J Walker & Associates.
The lead technology software, developed over a nine-month interval, affords ‘unprecedented’ accuracy in assessing the market worth of letting companies throughout the UK, in keeping with Adam Walker, MD of Adam J Walker & Associates.
“In October 2024, we got down to change that,” stated Walker. “We knew that valuations needed to be greater than ballpark figures, persons are making selections that have an effect on their future, their households, and their livelihoods. That’s why we approached Nurtur to assist us construct a strong, data-driven software that would present letting company house owners with the readability and confidence they deserve.”
Walker explains that the valuation software was constructed utilizing real-world market knowledge and rigorously benchmarked in opposition to precise sale costs, delivering predicted valuations which might be usually inside 10% of the ultimate sale worth.
“Within the property sector, correct enterprise valuations are important to make sure companies could make assured, data-driven selections,” stated Richard Combellack, chief business officer at Nurtur. “It is a excellent instance of what we stand for: fixing trade issues by way of good, built-in know-how. Along with Adam Walker, we’ve set a brand new benchmark for enterprise valuation within the lettings area.”
Past the valuation itself, Walker emphasises that reaching the very best worth for a enterprise includes way more than simply an correct worth estimate. “A correct advertising marketing campaign with fastidiously chosen consumers, a correct aggressive tendering course of, and knowledgeable negotiation is crucial to maximise the ultimate worth,” he defined. “After which there may be the massive period of time and ability essential to progress the sale, and guarantee it completes shortly and easily and on the phrases agreed.”
“After I began my profession in property company, the Land Registry didn’t even publish sale costs, every thing was secret,” he added. At the moment, anybody can go surfing and get a home valuation in seconds. I’m proud to carry this identical sort of innovation to enterprise gross sales. It’s an enormous step ahead, and I’m assured it’s going to assist guarantee enterprise house owners don’t undersell their life’s work.”
