A new online business valuation tool tailored specifically for letting agencies has been launched by Nurtur and Adam J Walker & Associates.
The lead generation tool, developed over a nine-month period, offers ‘unprecedented’ accuracy in assessing the market value of letting businesses across the UK, according to Adam Walker, MD of Adam J Walker & Associates.
“In October 2024, we set out to change that,” said Walker. “We knew that valuations had to be more than ballpark figures, people are making decisions that affect their future, their families, and their livelihoods. That’s why we approached Nurtur to help us build a robust, data-driven tool that could provide letting agency owners with the clarity and confidence they deserve.”
Walker explains that the valuation tool was built using real-world market data and rigorously benchmarked against actual sale prices, delivering predicted valuations that are typically within 10% of the final sale price.
“In the property sector, accurate business valuations are vital to ensure agencies can make confident, data-driven decisions,” said Richard Combellack, chief commercial officer at Nurtur. “This is a perfect example of what we stand for: solving industry problems through smart, integrated technology. Together with Adam Walker, we’ve set a new benchmark for business valuation in the lettings space.”
Beyond the valuation itself, Walker emphasises that achieving the best price for a business involves much more than just an accurate price estimate. “A proper marketing campaign with carefully chosen buyers, a proper competitive tendering process, and expert negotiation is essential to maximise the final price,” he explained. “And then there is the huge amount of time and skill necessary to progress the sale, and ensure it completes quickly and smoothly and on the terms agreed.”
“When I started my career in estate agency, the Land Registry didn’t even publish sale prices, everything was secret,” he added. Today, anyone can go online and get a house valuation in seconds. I’m proud to bring this same kind of innovation to business sales. It’s a big step forward, and I’m confident it will help ensure business owners don’t undersell their life’s work.”
