Remember Paul Keating’s ‘the recession we had to have’ in the early 90’s?

Large and small business failed across the country – Pyramid Building Society, State Bank of Victoria, merchant banks, property developers - the list goes on.

Property prices crashed, particularly commercial property, nothing was spared.

The financial pain rippled through the economy.

Insolvency practitioners were working flat out!

To help you manage the expected influx of insolvencies, using an experienced full-service prop-erty realisation manager makes good business sense. This is where a full service property pre-senter can be of assistance.It’s now been 30-years since we have seen a recession in this country, and hopefully we won’t see those days again.However, the Small Business Ombudsman is expect-ing ‘a Tsunami of business failures’ once Government support is withdrawn.

Even though interest rates are at record lows, if someone doesn’t have a job, they can’t afford debt – particularly mortgage debt.

Household debt levels are at an all-time high, house prices are among the highest in the world, unemployment is predicted to be 10%+, and under-employment may be the same again.

No one knows exactly what will follow when JobKeeper is scaled back, but it certainly won’t be smooth sailing or ‘business as usual’ for years to come.

Is this “the calm before the storm”?

Insolvency Practitioners are now preparing for a busy time later this year and into next, and it makes sense to position your business now before the busy times arrive.

We know that selling a debtor’s property can often be stressful and time hungry.

As soon as you have multiple insolvencies on your plate involving property, you’ll practically be a real estate agent, managing the day-to-day tasks of selling property.

Taking possession of properties, disposing of goods, dealing with tenants, organising local agents, arranging valuations, managing presentation works and attending auctions - the list goes on.

You are still in control of each property sale and the property presenter does all the day-to-day work.

This saves you management time and allows you to focus on more productive areas of your core business.

A full-service property presenter should ensure legal compliance and achieve a sale of the prop-erty for the best possible price in a reasonable time frame.

By way of introduction, we have been managing mortgagee property sales since 2004, having managed over 3,500 properties nationally for major banks, liquidators, receivers and other se-cured lenders.

In addition to managing a property sale, we also provide:

• Extensive experience in identifying and implementing strategies to add value to proper-ties:

  • We provide Feasibility Reports for unfinished buildings with costings and potential value up-lift

  • Arrange on-going management of businesses to preserve value in the property

  • Work with farmers during the sale process to enable farming operations to con-tinue

  • Arrange a lease or re-negotiate existing leases of commercial property to improve value.

• Outsourced Project Management:

  • We project manage all works required to properties to improve value including managing presentation work, arranging certification, completing subdivisions and completion of building works.

• Valuations:

  • We arrange property and chattel valuations with an approved valuer.

• Negotiation with Owners/Occupiers:

  • We can negotiate with owners/occupiers to work out the best way to proceed with the sale of the property. This frequently ‘lowers the temperature’ so that a better and faster outcome is obtained.

• Curb-side Assessments:

  • Through our national network of real estate agents, we can pro-vide a fast assessment of the value of a property with a curb-side inspection.

• Payment Options:

  • We can pay all property disbursements with reimbursement through one transaction from sale proceeds, which saves out client administrative time. . Our cli-ents find this an attractive feature of our service.

Our personal approach to managing property ensures the best outcome for our clients - through good property presentation, by identifying and implementing value adding opportunities and strategies and monitoring and managing the selling agent throughout the sale process.

In just 15-minutes I’ll show you how you can spend less time managing real estate agents to focus on more productive areas of your work. Here’s just a snippet of what I will run through on your call:

• How you can easily manage more files and maintain legal compliance without increas-ing your workload

• How you can easily relinquish the low-fee generating day-to-day tasks of selling a property and still control each sale

• How an experienced full-service property realisation manager can get you the maxi-mum sale value for the property

• Plus get a free curb-side appraisal

Find out how you can easily manage mot whilst still protecting you and your client legally.