Chapter 7 Section summary

Protesting your property value annually is crucial because failure to do so can be used against you by Central Appraisal Districts and ARB panels. By not protesting, you not only harm yourself but also your neighbors. Here are some key points to consider:

  • Protesting annually is essential to avoid overvaluation traps.
  • Failure to protest may lead to increased property values for you and your neighbors.
  • CAD databases may have corruption issues due to bad comparisons.

During ARB hearings, remember that they are public and you have rights to record audio and video. It's advisable to bring a witness to ensure quality recordings. When presenting your case:

  • Stay calm and focused on your evidence.
  • Do not be swayed by fancy terms or distractions.
  • Stick to your evidence and be prepared for a courtroom scenario if needed.

After gaining knowledge and experience from the course, you can better fight valuation issues and teach others in your community. Becoming an expert in property valuation involves elevating your knowledge to an art form:

  • Articulate your observations and design philosophy effectively.
  • Use your daily observations to gain an upper hand in property valuation disputes.

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