The Tarrant Appraisal District (TAD) has launched its new Automated Market Value Negotiation Tool. The new online tool enables taxpayers to negotiate their property values online and provides a comprehensive view of their current market value appraisal.
To gain access to this tool, property owners must establish an online account by clicking the “Register Account” on the TAD homepage. If they have already established a new account for 2023, property owners can login to their dashboard. Once logged in, property owners can add their property to their dashboard using their 2023 appraisal notice account number and online PIN. This information can be found on the appraisal notices that were sent to them via mail with their property valuation.
The Automated Market Value Negotiation Tool allows property owners to review their current 2023 market value along with data from recent sales and equity comparables in and around their neighborhood. At this point, owners can provide their protest of value. The protest will be considered based on the current value and range of values established through the appraisal modeling, sales data, and equity data. If acceptable, the property owner may be able to wrap up the 2023 value process within seconds. If the offer is not acceptable, the owner will have the option to file an online protest and be scheduled at a later date for a protest hearing before the Tarrant Appraisal Review Board.
“We are excited to launch our new online market value negotiation tool, which will provide property owners with more knowledge regarding their 2023 tax appraisals,” said Jeff Law, Chief Appraiser of Tarrant Appraisal District. “Our new online tool is designed to provide greater transparency, accuracy, and convenience, enabling property owners to make informed decisions based on valid data.”
Along with the Automate Market Value Tool, the TAD dashboard offers a number of resources to help inform on historic appraisal information as well as aid property owners with their ongoing protests. This information is designed to provide property owners with valid data, based on the available information the district has collected, to assist them in making appraisal-related decisions.