$249 Flat Rate vs 50% of Your PropertyTax Savings
Currently there are 2 business models to choose from when hiring qualified professionals to appeal your property’s assessment or grieve your taxes. A flat rate fee with no hidden fees vs paying 50% of your tax savings if you receive a reduction.
Let’s start with the entities that charge you 50% of your savings. The format for this business model is you pay nothing, unless you save. However if you do receive a reduction, you pay 50% of your savings. While this option seems like the superior option on the exterior, here’s a few things you may or may not know about this arrangement.
Pay nothing also means you saved nothing. The goal is always to obtain a reduction.
The bill you receive is based on estimated savings and there’s no way to determine the accuracy.
Your payment is due before you actually realize the savings, so a potentially large bill can become burdensome as opposed to providing you with relief.
If you saved $2,000 and paid $1,000, did you actually save $2,000?
Appeals/grievances are often bulk filed without a strategic approach.
Now let’s cover our flat rate business model. $249 flat rate to file and no hidden fees or additional costs, no matter how much you save. While some may hesitate to explore this option because you pay $249 upfront or the fear of losing $249 if they don’t save. Here are a few things that will probably change your mind.
Every appeal is filed personally by Rich Varon a qualified and registered representative of the Assessment Review Commission and a NYS Licensed Associate Broker with Douglas Elliman Real Estate.
While you may lose $249 if you don’t receive a reduction, you can lose much more if you get a reduction with the firms that charge 50% of your savings.
Our goal is always to obtain a reduction and we have obtained reductions for over 65%-70% of our clients consistently over the last 6 years.
Our fee is $249 no matter how much you save! No hidden fees or additional charges ever!
See below an example of a homewoner who used Rich Varon Property Tax Reduction ($249 flat rate) vs them (%50 of your savings) over a 3 year period with a reduction of $2,000 during that period. Even though the homeowner didn’t pay anything to them the first two years because there was no reduction, the cost is steep when there is a reduction. Our $249 flat rate is superior in results and cost!!!
Rich Varon Property Tax Reduction vs them (50% of your savings). Even though with us a fee was paid every year, ultimately we are the more affordable option by far and our appeals are superior!