Fixed-fee valuations for Hobart and Tasmanian agencies, rent rolls and client books.
Get a fixed fee.
$1,495+ GST
Your report in 2 business days. Delivery time starts once payment and all required information have been received.
Unsure which report fits your situation? Try the 30-second quiz
- Your fee is set in writing before any work starts. It never depends on the value we reach.
- We value agencies, rent rolls and books. We do not broker or sell them.
- Your report is signed by a suitably qualified business valuer.
Small Business Valuation
$1,495 + GST
For an agency, rent roll or book with annual revenue of what is valued under $2 million. A written report, delivered in 2 business days. Delivery time starts once payment and all required information have been received. The fee is fixed in writing before we start and never tied to the value we reach.
Larger agency or book? Tell us in the form and we recommend the right package. All fees
Real estate agencies, property management businesses, rent rolls, brokerages and service agencies across Tasmania, valued from your documents. From $1,495 + GST where the revenue of what is valued is under $2 million.
In short
Agency Valuations charges a fixed fee for a written valuation report, set by the annual revenue of what is valued. Under $2 million: $1,495 + GST, with the report in 2 business days. From $2 million to $3 million: $2,495 + GST, in 3 business days. From $3 million to $10 million: $3,495 + GST, in 3 business days. Over $10 million, we quote the fee in writing before work starts and agree the delivery date before commencement. An expert report for a dispute or court costs $4,495 + GST, whatever the size of the agency. Delivery time starts once payment and all required information have been received.
Agency Valuations prepares independent written valuations of Hobart and Tasmanian real estate agencies, property management businesses, rent rolls, holiday letting books, insurance brokerages, mortgage broking books and service agencies. The fee is fixed nationally: from $1,495 + GST where the annual revenue of what is valued is under $2 million, delivered in 2 business days, prepared from your documents with no site visit. Tasmania has its own settings that matter: a separate property manager licence, trust account audits due within 3 months of 30 June, and a duty rule under which goods sold with a business lease become dutiable.
We value agencies, rent rolls and client books as businesses. We do not value land, premises or homes, and we do not appraise properties for sale or lease. Reports are prepared from your documents, so the fee is the same wherever you are.
State-specific considerations.
Tasmanian property agents are regulated by the Property Agents Board under the Property Agents and Land Transactions Act 2016. The Act defines a property agent as a real estate agent, a property manager, a general auctioneer or a property representative, and it treats property management as a business of its own: negotiating leases, collecting rents and managing let property must be carried on by a property manager named on the Register, while real estate agency business, which includes dealing in businesses as well as property, must be carried on by a real estate agent. Under the Property Agents and Land Transactions Regulations 2017, trust account records must be audited within 3 months after the end of each audit year, which ends on 30 June, and a person who stops carrying on business as a property agent must have the records audited within 3 months after the end of that final period. On duty, the State Revenue Office says goods transferred by themselves are not dutiable, but a business sold with the lease of its premises transfers an interest in land, which brings the goods in the same arrangement into duty.
What actually differs in TAS.
Tasmania licenses property managers separately from real estate agents.
Under section 35 of the Property Agents and Land Transactions Act 2016, a person must not carry on any part of a property management business, meaning negotiating leases, collecting rents or managing let property for others, unless they are a property manager named in the relevant part of the Register. That means a Tasmanian rent roll can sit in a property management business that is not a full real estate agency. For a valuation, the question is whether the licensed people who service the roll will stay with it after a sale, and whether a buyer can hold the licence needed to run it. We ask for licence details and a staff list with roles and tenure, and the report reflects the answer in the risk applied.
Trust records are audited within 3 months of 30 June, and again when a business stops.
Regulation 31 of the Property Agents and Land Transactions Regulations 2017 requires a property agent's trust account records for each audit year, the 12 months ending 30 June, to be audited within 3 months after the year ends. A person who ceases to carry on business as a property agent must have the records for the final period audited within 3 months after it ends, which applies to a vendor selling the whole agency. Client money in trust is never part of the agency's value, but the audit history is evidence of how the roll has been run, and the report reads it that way.
Selling with the office lease can bring plant and equipment into duty.
The State Revenue Office of Tasmania says goods, such as plant and equipment, are not dutiable when transferred by themselves, but become dutiable when transferred with other dutiable property such as a freehold interest in land, and that a lease of business premises is an interest in land under section 9 of the Duties Act 2001. When lodging, the consideration has to be apportioned between dutiable and non-dutiable property, including any site goodwill relevant to Tasmanian real property. A Hobart agency sale that assigns the office lease therefore needs goodwill, plant and the lease dealt with separately, and the report gives those figures. We do not advise on duty.
Each authorised place of business needs a licensed manager.
Section 36 of the Act says a real estate agent must not carry on real estate agency business unless it is carried on at an authorised place of business and managed by a natural person who is the agent or a real estate agent employed by them. That person may well be the principal and the face of the business to landlords. The report looks at who manages each office, who could step in, and how much of the income is tied to one individual.
Agencies we commonly value in Hobart.
- ·Residential real estate agencies
- ·Property management businesses and rent rolls
- ·Holiday letting and short-stay rent rolls
- ·Insurance brokerages
- ·Mortgage broking books
- ·Marketing and creative agencies
- ·Travel agencies
Hobart questions we get asked.
How much does an agency valuation cost in Hobart?
Hobart and the rest of Tasmania pay the same fixed fees as the mainland, with no travel loading. The fee follows the annual revenue of what is valued: $1,495 + GST under $2 million (2 business days), $2,495 + GST from $2 million to $3 million (3 business days) and $3,495 + GST from $3 million to $10 million (3 business days). Above $10 million the fee is quoted in writing before work starts. A rent roll on its own is banded by its annual management income. Delivery time starts once payment and all required information have been received.
Is duty payable when a Hobart agency or rent roll is sold?
The State Revenue Office of Tasmania says goods transferred by themselves are not dutiable, but goods become dutiable when transferred with a freehold interest in land or with a lease of business premises, which counts as an interest in land. So the answer depends on what is in the deal. Your lawyer or the State Revenue Office confirms the position. We value the business and do not advise on duty.
What documents should a Tasmanian property management business send?
Three years of financial statements and current management accounts, the two most recent trust account audit reports, a rent roll export listing each property with its owner, management fee and start date, a sample of signed management agreements, licence details for the business and its people, and the office lease if it is part of the sale.
We are a property management business, not a full agency. Can you value us?
Yes. Tasmania licenses property managers separately, so a business that manages rentals without selling property can be valued on its own terms. The value sits in the recurring management income, the agreements behind it, the people who service the landlords and the cost of running the roll.
Do you need to visit our Hobart office or the North-West Coast?
No. Reports are prepared remotely from documents and a call with the principal, so a business in Launceston, Devonport or Burnie gets the same process and fee as one in Hobart. Where something material cannot be confirmed from the records provided, the report states it as a limitation.
Do Tasmanian rules matter for an insurance brokerage or mortgage book?
Much less than for a property agency. ASIC says a financial services business generally needs to be authorised under an Australian financial services licence, and credit activities generally need an Australian credit licence or authorisation from a credit licensee. Those are national, so a Hobart brokerage is valued on its client spread, insurer or lender relationships and the people who hold them.
- ·Property Agents and Land Transactions Act 2016 (Tas), sections 3, 34 to 36, Tasmanian Legislation
- ·Property Agents and Land Transactions Regulations 2017 (Tas), regulations 30 and 31, Tasmanian Legislation
- ·Sales of business, State Revenue Office of Tasmania
- ·Do you need an AFS licence?, ASIC
- ·Do you need a credit licence?, ASIC
Talk to a valuer
Tell us what you need valued.
A short call confirms the package, the fixed fee and the delivery date for your agency, rent roll or book, before you commit to anything.
0433 475 518Mon to Fri, 9am to 5:30pm Melbourne time
Send the form and we reply with the package and fixed fee. No documents needed to start.
Small Business Valuation
$1,495 + GST
For an agency, rent roll or book with annual revenue of what is valued under $2 million. A written report, delivered in 2 business days. Delivery time starts once payment and all required information have been received. The fee is fixed in writing before we start and never tied to the value we reach.
Larger agency or book? Tell us in the form and we recommend the right package. All fees
From $1,495 + GST. One fixed fee, agreed in writing before any work starts.