We recently attended the 2018 Tarrant County Commercial Real Estate Forecast where industry experts discussed their respective visions for the year. While the future looks bright, there are some issues that could curtail growth down the road. For a recap of the event, please click here.
Commercial property owners and investors see real growth opportunities in North Texas, but along with those opportunities comes eye-popping property tax valuations.
Don’t Pay More Than Your Fair Share
Remember this after your initial double take; when TAD’s 2018 Notice of Appraised Value arrives, your due process and opportunity to timely appeal prior to the new deadline also arrives. With Southland at your side, success is achievable, your savings are real, and we will eliminate the burdens typically associated with protesting your inflated property tax valuation.
A combination of increasing occupancies and rental rates, along with several widely-reported, record breaking North Texas commercial real estate transactions in 2017, lead us to forecast an increase in 2018 commercial appraised values for many Tarrant County property owners.
With the multi-family sector continuing its strong performance, retail sector occupancy rates at all-time highs, the industrial sector completing its 29th consecutive 90-day period of positive net absorption, and office rental rates still rising, we anticipate that 2018 property taxes will align with the market, and in many cases, increase from 2017 levels.
For more than 30 years, Southland Property Tax Consultants, Inc., has succeeded in reducing our clients’ property taxes. In 2017, our team of licensed professionals generated an impressive 96% appeal success rate with a 19% average reduction for our clients. Over the past five years, we have generated a 95% success rate with a 20% average reduction.
Southland’s success is why so many of our region’s top real estate companies rely on our property tax expertise, and why many of Tarrant County’s most prominent and sophisticated companies’ partner with us.
Why Choose Southland
Southland has the best people and the best data. Our professionals are highly experienced and licensed property tax consultants, real estate brokers and appraisers. Many on our team are members of the prestigious Appraisal Institute (MAI). Southland’s proprietary SouthWise™ platform, which includes the most current and comprehensive commercial sales data, market rent and expense data, capitalization and occupancy rate data, in addition to GIS mapping features, is a game changer. SouthWise™ provides our professionals the necessary data to consistently achieve extraordinary results for our clients.
Tarrant County’s largest property tax consultancy, Southland Property Tax Consultants, Inc., looks forward to helping you achieve property tax savings in 2018. Please feel free to contact us at (817)335-7377 or firstname.lastname@example.org for a free consultation. For more information, see our client success stories at www.southlandtax.com.