Why does this gap exist?
In Miami-Dade, taxes reset to full market value on January 1 following a sale. New buyers often expect taxes to stay at the seller's capped rate, leading to significant financial surprises in the buyer's first full year of ownership.
Realtors use this tool to set expectations during the closing process and identify when a client has a massive portability benefit that could offset this jump.
Stop Tracking This Manually
Property Benefit Tracker automates audits for up to 200 of your past clients. The monthly report shows you when a client’s portability is at risk or a TRIM notice indicates that a client's Homestead Exemption was not properly applied by the county.
Valuable information like this is a fantastic reason for outreach to save your clients money and keep you at top-of-mind to foster an ongoing relationship.