Become a Property Tax Consultant - The Ideal Home Business

How to become a property tax advisor is something you probably haven't lost sleep over lately, but maybe you should.

Why?

If you've been looking for a home-based business that you can operate part-time or full-time, one that offers the opportunity for high income and considerable time off, property tax consulting might be the perfect ticket.

With that said, here are five more powerful reasons to consider this a home business opportunity.

1. Demand for property tax consultants is on the rise

The housing market in the United States has been in crisis in recent years due to the mortgage loan crisis, bank failures, and a stumbling economy. This confusion in the markets means that it is increasingly common for properties to be incorrectly appraised by city, county and city property tax assessors.

Properties are supposed to be appraised based on their market value, but rapid changes in the market mean that many property tax consultants are feeling overwhelmed and unable to keep up with changes in value. And that means that large numbers of homeowners are unfairly paying more than their fair share in taxes.

As a consultant, these incorrect property reviews are your bread and butter. The good news is that the work available to you is endless.

2. You will enjoy high earning potential

Most consultants charge clients a percentage of the tax money they save on behalf of the client, an hourly rate, or a combination of both. These fees can be quite substantial, especially when you start representing commercial and industrial property owners. Your tax bills can reach high ranges of five and six figures.

But even typical residential properties can represent great income for a property tax assessor. Typical rates are one-third of the tax savings per year, and very often the work you perform on behalf of a client results in tax savings over several years.

3. You can quickly become a true expert

Such consulting is not difficult once you learn the basics of the property tax system, how to research properties, and make a compelling case for a tax cut. In fact, most people could represent themselves quite easily, but relatively few choose to do so. There are several high-quality courses available that provide all the training you need to get started, and these can be completed in a relatively short time.

It's worth noting that unlike becoming a real estate broker or real estate attorney, for example, where there are formal certification standards, there are generally no such certifications required to become a property tax consultant.

4. You are really helping others

As I mentioned, most people are reluctant to challenge their own tax levels even when justified. But many will be happy to let a consultant take care of them. And when that consultant is you, you can take great satisfaction in knowing that you are truly helping others.

5. Very low initial costs

You probably already have everything you need to start a home-based consulting business. A computer, a cell phone, a place to work at home, and the ability to learn some simple yet powerful new skills is really all you need to get started. That and the determination to finally build and operate a home business that you can be proud to call your own.

If any of these reasons are lighting up your entrepreneurship, you owe it to yourself to learn more about becoming a property tax abatement advisor.