Property Management Contracts Price

[Lyndsay Dentel]

If you were considering selling your Property Management Contracts, I know the normal is too sell it for your annual revenue (ex. $100/mo contracts, sell for $1200). Would you also list the expected revenue from the annual renewal? For Example, you have a contract at $100/mo, with a renewal of $250 each year, would you list at $1200 + $250, selling at $1450? Or only list for the $1200?