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A 5-step guide to selling your rent roll - tips and traps to avoid

Selling a rent roll can be a complicated undertaking unique to real estate - macpherson & kelley special counsel Robert Shepley takes us through the ins and outs of the process.

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When speaking with real estate business owners about selling their property management business (rent roll), a few questions crop up time and again. 

The most basic and common one is “how do I sell my rent roll”, which is often followed with “what’s retention all about”. 

A rent roll sale is a special type of transaction that is not like other business transactions. From how the price is calculated to what retention is and how it works, it’s un…