Scared to tell your past clients how much value their home has lost? Now may be the perfect time.

Real Estate Broker/Owner with Bosshardt Realty Services, Inc.

Competitive Market Analysis

Right now it might just be the best time ever to send our past clients an anniversary CMA. Some of you might think that in the worst real estate downturn of our lives that might be a lot crazy! Afterall let sleeping dogs lie right. What they don't know won't hurt them will it? Wrong!

In Florida, like most areas I'm sure, Property taxes are paid in arrears. That means we pay them after the year is over. So in my neck of the woods, Gainesville Florida, we paid for market all time high premium property taxes in 2007 in the year 2008. That upset a lot of people. Basically after 9 months of the worst decline in real estate values ever, we paid the highest property tax ever. Do you see where I'm going with this?

What date will the property appraiser use to determine the assessed value for property in 2009? In Alachua County he will use January 1, 2009. That notice won't come until August. It goes something like this. Here is what we think the value of your property is. You can file a petition or we will just bill you. Sometimes the numbers will be right, sometimes not. If you prepare your client and your file now while you may not be so busy you will accomplish two things. Prove the value of your relationship as a REALTOR for life and perhaps save your client some money.

Happy New Year!!

Competitive Market Analysis


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