Vacant Commercial Land Auctions July 8-10

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

• U.S. Public: Many incentives focus on job creation and Affordable Housing
• Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
• Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
• Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.