Considering the high over-assessment rate for residential properties, there is a high demand for helping others with their property tax appeal. Businesses as well residential homes are often over-assessed.
Little Competition, High Demand & Excellent Earnings Potential
Very little competition exists as a Property Tax Consultant. Opportunities exist where ever you look. Just look at Zillow.com, Trulia.com, Homes.com or other real estate sites and observe the selling price and compare that to the local property tax assessment.
Then there are those down on their luck. Observe the rip-off to those homes and taxpayers caught in the category for pre-foreclosed homes. None of them thought of or tried to do a property tax appeal and the money saved might have helped them immensely.
Finding Over-assessed Properties
When you offer to lower an over-assessed property tax you’ll have that home owner’s attention. You’re doing the appeal on a contingency bases and it will not cost the homeowner anything other than a small filing fee and perhaps small upfront service fee. Very little out of pocket and the payoff is big. Not quite the lottery but the odds are spectacular!
When you win the case for your client you have lowered his expenses and established a valuation that will stick around for years. As a reward for your efforts you collect a nice contingency commission.
One’s efforts are rewarded best on focusing on more expensive homes. It takes just about the same effort to appeal an inexpensive home as it does with a more expensive valued home.
You set the contingency commission. Most consultants will ask for 80% of the property tax savings won. If a home pays a $10,000 in property tax and if you reduced that tax by $2,000 , that would result in a nice paycheck of about $1,600.00. Average percentage property tax reduction neighbors in the 15% to 20% range.
Business Property Tax Consultant Opportunities
Just like residential properties, opportunities for conducting a business property tax appeal working on the basis of a property tax consultant are bountiful. Many businesses are over-assessed and unless one personally looks into and appeals their property tax if it is over-assessed, no one is going to step in to lower that assessment for the business owner.
Unlike residential property taxes where the assessment is based on a market value analysis method, a business’s valuation is based on an income method. Just a little different but easy to learn. It’s all 5th grade math.
There can be glaring problems like high turnover of tenants, strip-malls where there are empty stores, construction project that hamper a business, etc. A business is always looking to lower their overhead and increase their profits. Since you’re working on a contingency, your efforts will be extremely welcomed by any business owner.
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!”
Property Tax Consulting
Helping others lower an over-assessed and unjust property tax has you and your client smiling to all the way to the bank. The client has lowered his expenses, winds up with more spending money and wins. That lower assessment has been known to stick in place up to 10 years or more in some locations. You as a property tax consultant are rewarded by collecting a contingency commission. Complete DIY Property Tax Appeal Consultant training will help anyone win for both residential and business clients. Learn the right math, the best comparison adjustments and you’ll be well on you way.
Little Competition, High Demand & Excellent Earnings Potential
Very little competition exists as a Property Tax Consultant. Opportunities exist where ever you look. Just look at Zillow.com, Trulia.com, Homes.com or other real estate sites and observe the selling price and compare that to the local property tax assessment.
Then there are those down on their luck. Observe the rip-off to those homes and taxpayers caught in the category for pre-foreclosed homes. None of them thought of or tried to do a property tax appeal and the money saved might have helped them immensely.
Finding Over-assessed Properties
When you offer to lower an over-assessed property tax you’ll have that home owner’s attention. You’re doing the appeal on a contingency bases and it will not cost the homeowner anything other than a small filing fee and perhaps small upfront service fee. Very little out of pocket and the payoff is big. Not quite the lottery but the odds are spectacular!
When you win the case for your client you have lowered his expenses and established a valuation that will stick around for years. As a reward for your efforts you collect a nice contingency commission.
One’s efforts are rewarded best on focusing on more expensive homes. It takes just about the same effort to appeal an inexpensive home as it does with a more expensive valued home.
You set the contingency commission. Most consultants will ask for 80% of the property tax savings won. If a home pays a $10,000 in property tax and if you reduced that tax by $2,000 , that would result in a nice paycheck of about $1,600.00. Average percentage property tax reduction neighbors in the 15% to 20% range.
Business Property Tax Consultant Opportunities
Just like residential properties, opportunities for conducting a business property tax appeal working on the basis of a property tax consultant are bountiful. Many businesses are over-assessed and unless one personally looks into and appeals their property tax if it is over-assessed, no one is going to step in to lower that assessment for the business owner.
Unlike residential property taxes where the assessment is based on a market value analysis method, a business’s valuation is based on an income method. Just a little different but easy to learn. It’s all 5th grade math.
There can be glaring problems like high turnover of tenants, strip-malls where there are empty stores, construction project that hamper a business, etc. A business is always looking to lower their overhead and increase their profits. Since you’re working on a contingency, your efforts will be extremely welcomed by any business owner.
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!”
