After the President of a national, multi-faceted real estate company noticed the low values Property Tax Advocates negotiated on four apartment properties, it represented, he hired Property Tax Advocates for the next year to represent thirteen other Texas apartment properties and to replace the current consultant on six of these properties which were in litigation for the current year. His concern on the litigated properties was two-fold: the target values set by the current consultant were too high and the estimated length of time to settle the lawsuits was six months.
Upon receiving approval to proceed with the properties in litigation, Property Tax Advocates’ consultants set up an appointment to meet with the district’s litigation staff the very next week. At the meeting, these consultants settled the values on two of the properties, one of which resulted in a tax savings of $110,625. The next week, they accepted the offers on two more and, after further review and subsequent negotiations, accepted the offers on the two remaining properties.
Total savings of $302,260.
How was this accomplished? Property Tax Advocate’s technical expertise, negotiating skills and a solid, working relationship with district personnel established over 25 years.