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Who is Pro*TE$T? The Pro*TE$T Team started in the mid 80's in the basement of building in sw Arlington. Two real estate brokers, Randy McKechnie and Tracy Stanley, had just completed terms on the Tarrant County Appraisal Review Board. They were determined to find a way for the small residential property owner to protest their property in a successful manner. They begged Gloria Van Zandt into letting them use one of the old bank vaults as an office and Pro*TE$T was born. When Randy and Tracy served as members of the ARB, they heard thousands of property owners lose their appeals because of poor evidence. They knew the best evidence for a reduction was a CMA or Comparable Sales Analysis of similar property, usually located in the neighborhood of the subject. They also knew gathering sales prices is almost impossible for the public because sale prices are not public record. Texas is one of the few states whose law prevents the disclosure of a sale price. This means the average property owner cannot find the best evidence! The owners who consistently received reductions were commercial property owners who had agents representing them. Where were the agents for the residential owners? The answer was not apparent until a commercial tax agent told Randy the answer... "There's no money in it. You spend just as much time on a $150,000 house as I would a $2 million office building!" FYI: The majority of sales prices come from the local real estate community- the MLS, aka North Texas Real Estate Information Service, whose members are REALTORS. A special relationship exists between NTREIS and TAD that allows TAD access to the MLS sales. Even though most CADs have the MLS sales, a CAD will only disclose sales they intend to use in the protest hearing! Because Randy and Tracy, are Realtors and Tracy subscribes to the MLS, their clients may benefit from the sales reported to MLS... one of the best reasons to hire us. The first year of the business, Pro*TE$T filed about 250 residential protests on behalf of home owners. Today, Pro*TE$T files thousands of appeals in 48 states. If you are timely in your contact with us, we are committed to handle your case in the same, attentive manner as we did when Pro*TE$T first started. Your business is appreciated and a priority! Please call as soon as you think you may have a case. |