High-Demand Work at Home Business Opportunity
When researching for a home based business model, helping homeowners reduce their overhead property expenses can be a work at home business model that is a win win situation for everyone.
High-Demand Work at Home Business Opportunity
There is a sting to the homeowner - property taxes are rising as home values tank.
Increases in government sponsored tax assessments are used to cover operating expenses because they have not curbed excesses or reigned in spending. Increased municipal government expenses are a euphemism for taxpayer sponsored bailouts by way of these tax increases. The homeowner's tax assessment dollars becomes the back stop for failure to curb these excesses.
This presents a huge business opportunity for a property tax consultant and presents an insight into a profitable and successful home business opportunity. Most homeowners have little knowledge or time to look into their individual property taxes and don't know if their taxes are correct. And appealing their property tax assessment is a bother they would rather have someone else look into.
Hard evidence shows that property tax assessments are not reliable.
- Consumer Reports has published that property tax records show an error rate of 40% exists in estimating property taxes. (Nov.1992 v57 nil p.723)
- The National Taxpayers Union writes that as many as 60% of all homeowners are over-assessed and not in line with their home value. ("How To Fight Property Taxes" 2004 p.1)
With the abundance for lower market values that exist for comparable properties surrounding an individual home, putting together a convincing property tax appeal could not be easier.
Few people even hear about making money as a property tax consultant. In an economic climate where the consumer is getting pinched by high gas prices, increased heating fuel costs and escalating food costs now they are getting hit by even higher property taxes. If you can imagine being able to offer a service that will reduce a painful tax increase for a customer, you can well imagine a grateful client and earn money for your time.
As a tax consultant you come to their rescue putting together an appeal when lower cost comparable properties are found saving them 20 or more percent on their property taxes. No tax assessor or government body is going to go out of their way to offer any help.
Rewards For Winning Your Client's Property Tax Appeal Include:
- Saving the homeowner thousands in taxes and earning a high contingency fee.
- The homeowner is relieved from an unjust valuation and you become a hero in the clients eye for winning their case.
- Customers and referrals are easy to come by. Most everyone would like to appeal if they just knew how to.
- Consultants get to cherry pick their best and highest profit situations.
Some home base business opportunities require a substantial investment in an arena with significant competition. In this business, the cost for entry is extremely low. Property tax consultants are far and few between. Competition is very light if it exists at all and those questioning their property taxes are multiplying.
It takes about the same amount of research and work to appeal an expensive home as a less expensive home. Generally, a one-time equalization fee is charged. Your fees can be a percentage of the tax savings plus an up-front fee that usually range from and upward.
The real money is in the contingency fee. When you win your case for the client you receive 100% of the tax savings. For example, if the client's property tax is ,000 and you saved them a typical 20% on their assessment, your fee would be ,000. The payment is spread out over 2 or 3 years so the client is rewarded by seeing an overall tax saving.
This winning and lucrative home based business is simple to begin using the eBook course. It requires only 5th grade English and math skills. Good people skills are, of course, are very helpful as well.
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