Finding clients is not difficult. After a few interviews with prospective clients, expect referrals. Helping others help themselves in a rewarding task. Unless your client looks at the facts, how will they ever know if they are over-assessed.
Client Wins, You Win Home Business
It takes about the same effort to work up an appeal for high dollar value taxed home as it does for a lower dollar amount. It may be a good idea to steer ones efforts in that direction to maximize their earnings even though you might get more satisfaction helping those less fortunate.
The public appeal of a property tax consultant is that he works on a contingency basis. This means that if he or she doesn’t win the case it costs the client nothing other than a small filing fee and perhaps a small upfront cost for the basic analysis.
Expect to win a high percentage of cases; eighty percent starting out and then toward ninety-five percent with a few case experiences under your belt. Again, expect referrals.
There are three levels of appeal. The assessor, a meeting on the municipal level and finally the tax court. When you have a solid case expect to win a settlement. Complete training from a property tax consulting course will make you an expert and you’ll earn as you learn.
An Ever-Green Future Climate For Property Tax Consulting
The tax cuts and the deficit require more government borrowing that pulls money out of the financial markets. The petro-dollar is being challenged. Interest rates are showing a pattern of rising.
Over the long term, raising housing market is the power behind the economy. With interest rates on the upswing, home price valuations fall, construction spending begins falling, auto production goes from bull to bear, workers spend less and eventually corporate earnings wane. With profits on the decline eyes focus on stretching their dollar by cutting unnecessary expenses.
Lower profits for business leads to lower Local, State and Federal Tax revenues. Assessments to fund the government will increase. The focus for homeowners and businesses will become stronger for curtailing and cutting expenses. A property tax consultant whose function can be a lifesaver becomes a personal asset.
Property Tax Consulting Contingency Profits
Since this is your business, you set the contingency commission percentage. Some consultant analysts ask for 80% of the property tax savings won. Then one can also split the commission over 2-year period and will ask for 50% the first year and bill another 50% the following year.
For instance, if a home pays a $10,000 in property taxes and if you reduced that tax by $2,000 , that would result in about $1,600.00 commission. Expect an average percentage property tax reduction for most of your clients when conducting an appeal in the 15% to 20% range.
Top Paid Cyber Security Scorecard (Oversee Consequential Government Data and Financial Data) :- (
Do government employees believe they are responsible for fair property tax assessments? Consider this: Only 13% of government employees believe they are responsible for cybersecurity according to a report by digital security company Dtex and surveyor YouGov in March of 2018. If you don’t directly appeal, do you think a “civil servant” property tax authority is going to go out of their way for you?
Homeowners and businesses don’t stand a chance if they don’t scrutinize their property tax statement. This is made easy for them if they have a property tax consultant on there side. “Never let a dog watch your dinner, and never let Government watch your money!”
