logo-updated-012918
Property Tax Inquiries Call 713.290.9700

Should you accept the ARB value, or appeal it?

Most commercial property owners accept the appraisal review board value.  For example, in 2019, of 382,407 commercial accounts with an ARB hearing, only 16,033 (4.2%) elected to continue to pursue property tax reduction with a judicial appeal.  However, 90% of those property owners who continued the appeal effort received additional property tax relief.

Why Do So Few Continue the Appeal?

We believe there are five reasons commercial property owners do not continue the appeal beyond the appraisal review board (ARB):

  • They are concerned the costs of additional appeal will exceed the tax savings;
  • They are skeptical the additional appeal will be successful (i.e. the you can’t beat city hall line of thought);
  • They are not aware ~90% of judicial appeals generate meaningful property tax savings;
  • They are not aware of the magnitude of additional property tax savings available through judicial appeals. For example, for judicial appeals settled in 2019:
    1. Total property tax savings were $1.47 billion.
    2. The average savings per case were $123,745 (based on 11,911 cases settled in 2019, according to Texas Comptroller Glenn Hegar).
  • They are concerned the costs could exceed the savings. If the case further reduces property taxes, with O’Connor, the only cost is a fraction of the property tax savings beyond the appraisal review board level.

O’Connor is not a law firm but has successfully coordinated more than 50,000 judicial appeals.  We coordinate judicial appeals on a contingency fee basis.  You pay nothing unless your property taxes are reduced below the appraisal review board level.  Clients realize savings beyond the ARB level in 9 of 10 cases.

For a free review of whether evidence supports a value lower than your ARB value, call 713-290-9700.

Blog Author

Patrick O’Connor, MAI, Owner and President
Patrick O’Connor has been active in reducing property taxes, providing expert witness testimony and appraising commercial real estate property since 1983. Pat is active in publishing analyses and data with respect to the real estate market, while being a highly regarded media spokesperson for the real estate community. He holds a MAI, the highest achievable designation from the Appraisal Institute, and is a licensed senior property tax consultant. Pat earned a Master of Business Administration from Harvard University. In 2001, he authored the first definitive consumer guide to Texas property taxes, Cut Your Texas Property Taxes.

Property Tax Protection Program™

No cost to enroll

Recents

The Residential Property Protection Program™
is powered by O’Connor
  • Enter your information below and your documents and enrollment information will be emailed to you within one business day

  • Hidden
  • Hidden
  • Hidden
  • Call 713.290.9700 to discuss with a representative.

    Please monitor your E-mail and spam filter. If you don't receive your enrollment documents within 24 business hours, call 713.290.9700 8am - 5pm CST

  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.

When you submit your enrollment, you understand this is a risk free offer to you. If your taxes are not reduced you PAY NOTHING, and a portion of the tax savings is the only fee you pay when your taxes are reduced.

Property Tax Protection Program™

You pay nothing unless we reduce your property taxes, and then only a portion of the savings. There is no flat fee, no sign up fee and no setup fee. We protest your property taxes aggressively every year, and you only pay if and when we reduce your property taxes.

O’Connor is the largest property tax consulting firm in the U.S. Our licensed tax consultants and administrative support team benefits home and property owners by reducing property tax assessments, filing personal property renditions, reviewing tax statements, protesting over-assessed property values, and attending informal tax hearings and appraisal review board meetings.

 

We work tirelessly to protest and lower your taxes with:

  • Informal hearings
  • Appraisal Review Board (ARB) hearings
  • Coordinating judicial appeals

Property Tax Protection Program™ Benefits

  • No flat fees or upfront costs.  No cost ever unless your property taxes are reduced.
  • All practical efforts are made every year to reduce your property taxes.
  • Never miss another appeal deadline.
  • Property taxes protested for you annually.
  • You do not have to accept the appraisal district’s initial guesstimate of value.
  • We coordinate with you regarding building size / condition to avoid excess taxes.
  • Free support regarding homestead exemptions.
  • Some years are good – typically 6 to 7 out of 10 will result in tax reduction for you.
  • The other 3 to 4 years out of 10 we strike out. Most often due to people issues in the hearing process. Some years we get an easy appraiser at the informal; some years someone who is impossible to settle with.