Two Levels of Representation — Two Fee Levels
Superior Court Representation Jury or Bench Trial
Administrative Representation BOE or Hearing Officer
Fee Details:
Superior Court Representation
Administration Fee: None
Contingency Fee: 1/3 of the total savings achieved, calculated by taking the reduction amount achieved times 40%, which gives you the taxable portion of the reduction amount; multiply that times the millage rate; multiply the product by 33% and multiply that result by 3 (which computes to 33% of the total savings realized over the 3 year frozen period).
Appraisal Fee: This cost varies because it depends on which appraiser we choose to work with. We select the appraiser based upon his or her experience with both the type of property and the county in which the property is located. You approve the appraisal cost prior to incurring any expense with an appraiser. Appraisal costs vary depending on the size of the property and the complexity of the appraisal. We do not work with just one appraiser – we choose the right appraiser for your particular type of property and one who has a great track record. The county will have 1 or 2 certified commercial appraisers on staff testifying to the value of the property, so the right choice of an independent appraiser testifying on your behalf and working with Walter Hotz is of paramount importance. Being able to choose the best appraiser for your particular type of property and one very familiar with the area within which your property is located versus being saddled with an in-house appraiser – has proven invaluable in achieving the greatest reductions.
Administrative Representation (Board of Equalization / Hearing Officer)
Administration Fee: $350
Contingency Fee: 35% of the first year’s savings achieved, calculated by taking the reduction amount we achieved for you times 40%, which gives you the taxable portion of the reduction amount; multiply that times the millage rate; multiply the product by 35%. The new assessment achieved for you is good for the tax year appealed plus two more years. I do not participate in your savings for year two or three.
Appraisal Fee: This cost varies because it depends on which appraiser we choose to work with. We select the appraiser based upon his or, her experience with both the type of property and the county in which the property is located. You approve the appraisal cost prior to incurring any expense with an appraiser. Appraisal costs vary depending on the size of the property and the complexity of the appraisal. We do not work with just one appraiser – we choose the right appraiser for your particular type of property and one who has a great track record. The county will have 1 or 2 certified commercial appraisers on staff testifying to the value of the property, so the right choice of an independent appraiser testifying on your behalf and working with Walter Hotz is of Item Twoparamount importance. Being able to choose the best appraiser for your particular type of property and one very familiar with the area within which your property is located versus being saddled with an in-house appraiser – has proven invaluable in achieving the greatest reductions.
*Because of Walter Hotz’s tax appeal experience and trial background, he has been successful in negotiating satisfactory settlements in 90% of all of his Superior Court cases.