The online tool aims to help estate and lettings agency owners quickly estimate the potential value of their business, without the need for formal meetings, paperwork, or phone calls.
The tool uses five key data points, including annual turnover, recurring management commission, location, and ancillary income, to generate a valuation range based on current market conditions and recent agency sales.
Lucy Noonan, founder of Atomic Consultancy, said: “We created the estimator for agents who want to understand the potential value of their business but aren’t quite ready to engage in a full valuation or sales process.
“It’s intended to be quick, private and helpful, especially for those planning ahead or keeping an eye on market movements.”
