Are you looking to maximize your rating business? Providing the 45L tax credit is your best chance at doing so. Haven’t heard of the 45L tax credit? Home builders can claim worth $2,000 of federal tax credits for every energy efficient home or unit they build.
They depend on you, a HERS Rater, to help them qualify homes against the 45L requirements.
Below are four actionable techniques utilizing 45L. You can start using these immediately to increase the revenues of your rating business.
1. Provide 45L Confirmation with Every Project
Provide the 45L passing status of each plan during early conversations with your builder. This will start the conversation and allow you to educate them. Multifamily raters have found this technique extremely helpful because 45L is not commonly known in the multifamily industry.
2. Increase Customers with a Loss Leader
Are you looking for more builder clients? Then this will work especially well for you. Raters wanting to generate new business fast offer 45L tax credit processing at a deeply discounted rate. Doing this attracts new business as it gives you a competitive advantage. Once your schedule fills up with new clients, you can increase your prices back to market value.
3. Go Back Through Old Projects
Builders can go back three years and capture unclaimed tax benefits from already built homes. Run projects from your last three years of work in CHEERS 45L to find any missed opportunities. While you are at it, start the conversation with your builder. Ask to analyze their last three years of unclaimed homes; and find any that might had been missed.
4. Ask About Similar Plans in Other Communities
Many home builders use the same plans across projects, zip codes, and even states. And not all projects require RESNET or a HERS rater. Start the conversation with your builders if there are other projects which they do not use a HERS rater for. There is a good chance those pass as well.
Being a HERS Rater is back-breaking work. If you aren’t maximizing your revenue per lot, you are leaving money on the table.
Email Bruce at BEdgar@CHEERS45L.com today to take advantage of this opportunity. Bruce will respond within 24 hours with a free builder education flyer you can begin marketing your business with.
Raters who utilized these techniques above also took advantage of CHEERS 45L’s over-the-top modeling experience and customer service. CHEERS 45L uses the DOE-accredited Micropas 45L tax credit processing software and has helped raters process over $650,000,000 in 45L tax credits. CHEERS 45L is the only software built specifically for 45L tax credits with raters in mind. CHEERS 45L gives raters the freedom they need to process tax credits wherever and whenever. It’s a no brainer.