Every year homeowners overpay on their property tax due to over-assessment.
Homeownership comes with many financial responsibilities, and property taxes are often one of the most significant expenses. Realtor.com researchers found that 63% of the surveyed homeowners want information about reducing expenses and saving money, including property taxes.
Unfortunately, many homeowners are unaware that they may be overpaying on their property taxes—or that they can protest their assessments—only a low percentage of homeowners protest.
Simplifying the Property Tax Protest Process
Realtor.com’s My Home dashboard is a comprehensive hub for homeowners, offering tools to access home value estimates, market trends, and agent comparisons. The new Property Tax Protesting data expands these capabilities with automated property tax assessment analysis, providing the information homeowners need to begin contesting a potential overassessment.
If a homeowner chooses to contest their tax assessment, they have two options within the Ways to Save tab:
- Download a Pre-Formatted PDF Report: Realtor.com automatically compiles a customized tax protest document containing key evidence, including the county’s assessed value for the home, the assessment values, or recently sold prices of similar properties. The report is a downloadable, ready-to-submit document for the local tax assessor’s office.
- Connect with a Local Real Estate Broker: Homeowners who want professional assistance with a protest can connect with a local real estate expert who can provide additional insights and guidance.
By giving homeowners these two options, Ways to Save makes a traditionally opaque tax protest process far more accessible and less intimidating.
Shareable Content for REALTORS®
A tool by Realtor.com will help property owners protest over-assessments. Enter your address and review data to determine if your home may be over assessed.
See if you could save
Step 1
Enter your address and view your potential property tax adjustment on the Ways to Save tab.
Step 2 (Homeowners have 2 options)
1. Get a PDF list of similar nearby homes that could be used to help protest your property taxes.
2. Ask a local broker to share similar homes.
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