Appeal Results and Invoice Calculation
Most real estate tax firms operate on a contingency basis, meaning they only earn their fee if they achieve a successful reduction in assessed value. The contingency fee is calculated based on the estimated tax savings, which is determined using the following formula:
Assessment Value Difference × Latest Tax Rate × Latest County Multiplier = Estimated Tax Savings
Since property tax data, such as the final tax rate and county multiplier, is released in a staggered schedule, firms rely on estimated figures to invoice clients in a timely manner. Waiting for actual tax-year data could delay invoicing by a year or more, making it impractical for firms to operate efficiently.
By using the latest available tax rate and multiplier, practitioners can provide clients with a fair and reasonable estimate of tax savings. This approach ensures prompt billing and streamlined operations so that clients benefit from reduced assessments without unnecessary delays in the appeals process.
###
Hire Us to Handle Your Appeal
Want experts to handle your tax appeal for you? We work on contingency, so you only pay if we win. There’s no risk and $0 required upfront.
Work With Us
Want to help property owners reduce their tax burden? We train practitioners and provide cutting-edge software tools to help you succeed in this industry.
The Real Estate Tax Newsletter
Get exclusive updates, insider strategies, and expert insights on real estate tax appeals delivered straight to your inbox. Whether you’re a property owner looking to cut costs or a professional in the industry, our newsletter keeps you informed and ahead of the game.
✔ Pro tips for lowering your property taxes
✔ Breaking news on tax assessment changes
✔ Data-driven insights from industry experts
Join now and never miss a key update.
From Fortune 500 companies to boutique law firms, I’ve spent over a decade navigating the real estate tax world. Since 2014, I’ve been mastering the game, and now, through this blog, I break down complex tax concepts into plain English, giving you the knowledge you need to take control. No fluff, just value.