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The data show that property tax rates have risen across the United States in the past five years. This is one slice of a large trend against home affordability.
If the question of property taxes comes up to you when working as a buyer’s agent, how do you respond to your client? Should you discuss the tax as an unavoidable cost or give them another perspective? What general advice should you offer to assuage client concerns, while making sure there is no chance of misleading them?
The National Association of REALTORS® (NAR) advises that, if a client asks about a community’s school districts, to direct them to reliable third-party sources that can offer the information they’re seeking. This is so as to avoid the impression of “steering” your clients towards a specific neighborhood and ensure compliance with fair housing laws.
Once the client finds the information they’re seeking, they can make an informed call about if the property tax costs are fair for what they’re getting.