Realtors Are Leaving Billions on the Table

Realtors across the U.S. are missing out on significant capital by ignoring development potential through zoning bonuses like Transit Incentives, Senate Bills, and Affordable Housing Bonuses. These programs allow property owners to maximize land value by increasing density, reducing parking requirements, and adding units. For example, in Los Angeles, Transit-Oriented Communities (TOC) incentives can increase a property’s buildable area by up to 70%, adding $500,000 to $1 million to its value.

Yet, many realtors overlook this hidden goldmine simply because zoning calculations are too complex. According to John Burns Real Estate Consulting, properties with unused development rights are often undervalued by 30-40%, which means that realtors are losing out on thousands in potential commissions. For an average property, this could translate to $15,000 to $25,000 in additional earnings.

How Zoning Bonuses Add Value:

1. Transit Incentives: Allows for increased density and reduced parking requirements near transit hubs, making properties significantly more valuable.
2. Senate Bills: Enables lot splitting and additional units on existing parcels, creating new revenue streams for homeowners and developers.
3. Affordable Housing Bonuses: Offer higher FAR (floor area ratio) allowances for including affordable units, drastically increasing the buildable area.

For instance, under the Senate Bill 9 (SB 9) Urban Lot Split, a single-family home can be revalued by adding duplex units, creating new income opportunities for homeowners and raising the property’s market value by hundreds of thousands. Similarly, TOC bonuses can make a property near transit hubs worth far more than its current appraisal.

Unlocking Potential with FliPro

Realtors no longer have to be zoning experts. With tools like FliPro, they can instantly generate property development reports that identify zoning bonuses, maximum buildable areas, and affordable housing incentives. These reports not only give you a competitive edge but also provide clients with transparent information on how much more their property is truly worth.

For just $149 per report, you can factor in the hidden value of zoning bonuses and increase your clients’ property values by up to 40%, translating to thousands more in commissions per deal.

Take Action:

Stop leaving money on the table. Use FliPro to tap into development potential and add value to every listing. By simply offering zoning insights, realtors can become trusted advisors and significantly boost their earnings. Why sell a property at today’s value when you could be selling it for double?

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