Pricing Properties with Multiplex Zoning
Master Pricing Property for the MLS in Metro Vancouver
Learn how to understand and value the development potential of properties and avoid underpricing or overpricing properties that qualify for redevelopment. This new self-guided course will provide you with on-demand access to learn how to price properties with 4-6 unit multiplex development potential. This process is designed for Residential Realtors to advise Seller's MLS pricing and help buyers navigate changing neighborhoods.
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Pricing Properties with Multiplex Zoning
This self-paced online course will guide you through the process of Valuing Property with Multiplex Development Potentialā¦ using active listings and recent sales as real-world case studies.
Topic 1: City-by-City Zoning & Regulations
Ā The number of units, floor space ratios, entitlement rights, parking requirements, and City approval process change City by City. In this module, you will learn how to navigate which neighborhoods are most likely to be in demand by investors, builders, and developers.
Topic 2: Finding Profitable Opportunities
Learn the basics of massing studies and the āback of the napkinā proforma to quickly analyze the revenue, costs, profit and land value for properties with the new multiplex zoning. This module includes a review of the most active neighborhoods that are selling for Multiplex Development.
Topic 3:Ā Pricing Property for Sale
How does a Residential Realtor advise a Seller the right listing price for properties with Multiplex Zoning? The market remains dependent on Supply and Demand and pricing strategies will change over time. One of the largest benefits of this module is the ability to strengthen your negotiations with investors and developers.. leading to a fair sale price for your client.
Topic 4: FeasibilityĀ Conditions
What happens when a Buyer wants to walk over an environmental concern? Or a steep slope? Or significant offsite servicing upgrades? Hold more deals together and help your Buyers invest with confidence.
Topic 5:Ā Project Marketing
One of the biggest opportunities for Residential Realtors with Multiplex Zoning is the list backs when working with builders and developers. Turn one Buyer Deal into 6 Listings by navigating when to pre-sell, how to structure the purchase and sale contracts and highlight the features and benefits for each development site.
Topic 6:Ā Case Studies
Laidler Development is working through 3 Multiplex Development Sites acquired after June 30th, 2024. Learn about the opportunities through real case studies and live development sites.
The course provides weekly pre-recorded training that will be accessed weekly startingĀ September 6th, 2024.
What Past Clients Are Saying:
Meet Your Instructor
As one of the TriCities' top-performing agents from 2013 ā 2020, Bill Laidler has earned a strong reputation and the trust of thousands of local community members.
In his first year as a Realtor, he completed 49 transactions and grew to over 120 deals per year by his 3rd year licensed. Retiring from sales after 7 years, Laidler is a joint venture partner behind Sitka House, Port Moody - an 88 unit wood frame condo building and multiple Multiplex Development sites in Burnaby, BC.
This course will provide you with a blueprint for one of the most important skills taught at the Laidler Academy: Pricing Property
OurĀ Development Success...
Laidler's first multifamily project Sitka House - 88 unit 6 storey wood frame development in Port Moody - was 90% sold within the first 3 weeks of marketing. New Development Sites focus on providing homes for downsizers in the new Multiplex Zoning. Sites are located in the Montecito, Government Road and Cariboo areas of Burnaby, British Columbia.