Presthaven is a full service property tax consultant- we handle your entire property tax protest on your behalf. One of the most under utilized rights you have as a homeowner is to protest the assessed value of your property and having professionals on your side can the difference in thousands saved. Each central appraisal district is unique in how they assess value and the level of aggressiveness with which they assign value. Understanding this process, the nuances of your property, and the state of the market culminates in a team effort to come to a fair, successful resolution. Throughout our process, we keep all information accessible and frequently give status checks to you to ensure a constant flow of information and communication. By doing this, our intention is to keep the homeowner as privy to our proceedings as possible.
Below is flow chart to give you an idea of how our process works. Throughout all of this, there is a significant amount going on behind the scenes. Between all forms being filed property and in a punctual nature, accessing records not publicly available, and weighing out the best strategies to present, there is a lot. Having a trusted partner to take care of this process for you can be the difference in days of time and thousands of dollars.
We operate on a contingency fee structure- If we don't win, you don't pay. The largest firms in the industry typically charge in the area of 28%-38% of total amount saved, depending on how large of a savings it is. At Presthaven, we have a flat rate fee of 30%. Cemented near the bottom of the industry standard, we are comfortable with doing a high level of work, winning a protest for the highest savings possible, and not needing a sliding scale for compensation a poor job.
Total savings is calculated by the following:
(Old Assessed Value- New Assessed Value)* Effective Tax Rate= Total Savings
(500,000-400,000)*2.5%= $2,500