Property Tax Savings

Thanks to Share Gilbert & TICOR Title

By Prime PTN • March 11, 2011 • Filed in: News

Prime Property Tax Negotiation sends a sincere “Thank you!” to Share Gilbert and TICOR Title.  Share invited Prime PTN’s Scott Phinney to be a Guest Speaker for TICOR’s Continuing Education Series for Commercial Brokers.  (Share’s a bit of a business Talent Scout:  She also plays a key role in arranging speakers for the local CCIM Chapter as well.)

TICOR is noted for doing a great job with bringing in good speakers…the session was heavily attended and close to standing room only.

Scott’s presentation was focused on how by assisting clients with their property tax appeals agents deliver real value and create loyalty. One of the examples Scott used was how a struggling multifamily property was losing a small amount of money each month.  (NOI was a little less than debt service.)  By challenging the taxes and prevailing, the taxes were reduced $130,000 year.  That was enough to put the project in the black and cash flow $9,000 a month.  The question that needs to be asked:  “What kind of loyalty could you earn if you ended their losses and traded that for making $9,000/month?

TICOR offers more than great Continuing Education Classes…they have the full spectrum of residential, commercial, land development and builder services.  From dirt to doorknobs…think TICOR.  Contact them at http://www.ticorpdx.com or (503) 242-1210

If you’re an agent that wants to learn how to help your clients, or a property owner that would like more information…please contact us at 503.577.1034 or info@primeptn.com.

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