Posts Categorized: Impact

Making an Impact

Making an Impact

The Opportunity: Storm Uri

At Wayfinder, one of our main goals is to make an impact for good in communities and for families. Back in February of 2021, an opportunity to do good presented itself in Texas with Storm Uri. Storm Uri hit Texas very hard and impacted millions of people. The freeze hit for almost seven days and it affected the electrical grid, so there were many people who did not have food, could not heat their homes, and could not even get gas for vehicles because the systems were down. 

Evaluating the Situation

When we heard about the situation, immediately our hearts broke. We called down to our properties in Texas asking if they were ok and if they needed anything. The regional director expressed that they really needed food. The H-E-B was almost completely out of food, save for a few remaining lunch meat packages. They were concerned that their tenants would not have enough food to get through the weekend. It was really scary. We sat there with that news and said, “Well, we can’t necessarily write a check. It’s not really going to help to just write a check for this one.”

Seizing the Opportunity

After some brainstorming, we called the regional director back and said, “Hey, if we got a truck and filled it with food and brought it, would that help you?” She broke down in tears, and she said, “I can’t believe you would be willing to help, that is amazing.” 

Taking the next step, we found out that we could rent a refrigerated truck. We then took it to Costco and Sam’s Club and asked if they could waive their limits on some of their products to help us, and they said, “Absolutely.” The staff at both places all jumped on board to help us. It was pretty amazing.

When we got the truck down to Texas, there were about 30 people waiting there for us to help us unload the truck. We then worked with our client and their team to unload the truck. They had boxes ready so that as we unloaded the truck, we began to make food kits that would get a family through the weekend.

Treating Every Property Like Our Own Home

The fingerprint of Wayfinder, what makes us unique, is that we treat every property as if it was our own. In this situation, if that was our own property, we absolutely would do anything we could to help. If we are looking for opportunities to do good in the world, they will come. All we have to do is be willing to say yes. 

At Wayfinder, it is our goal to always say yes to opportunities to do good.

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The Importance of Local Expertise in Your Property Tax Agent

The Importance of Local Expertise in Your Property Tax Agent

Why Local Expertise Matters

One of the low points in my career was when I had a case in Kentucky. I had done everything I could to prepare for this case. I did my CoStar Comps and reviewed the property on Google Earth. I did everything I knew how to best prepare myself… all except for a site visit because I was stretched too thin at my former firm to be able to do that. There was no time to visit the property in person; I wasn’t able to dedicate more than a few minutes to this case. Little did I know, my lack of preparation was about to change everything.

The Game-Changer

I arrived in Kentucky, at my hearing, and went in to present my case. After I presented my case, the response from the board member was something I had never heard before. Much to my dismay, he said, “Boy, you’re not from around here. Because if you were, you would know that no one would ever compare that part of town to the one that you’re in right now.” And that was a game-changer for me.

If At First, You Don’t Succeed…

I thought that the properties looked similar in the aerial shots. I thought they looked similar on CoStar Sales, but my sales were low because they were in an area that didn’t warrant the same kind of sales as my subject. Well, needless to say, I walked out of there having lost my case. I felt dejected and determined that I would never feel that way again. Because of this experience, at Wayfinder, we visit every property we represent. We always know what we’re talking about in that market, because we… 

  • Visit the equity comps

  • Drive around the neighborhood

  • Visit our sales comps

  • Perform exhaustive market data research

  • Interview people and business in the area

The Wayfinder Guarantee

That is what makes Wayfinder different from other agencies. We guarantee to visit your property. We never give our agents more than they can handle, so that they always can fulfill that guarantee. In most agencies, an agent has hundreds or thousands of properties they represent every year. It’s a quantity game. At Wayfinder, ours is a quality game. We never have more than 100 properties per agent, because that allows us to give days, not hours, for every one of our properties. I learned my lesson in that wonderful hearing in Kentucky where I got slapped upside the head and realized there is a better way to do property tax appeals.

Are you ready to experience the difference local expertise can make for your property valuation? Connect with one of our agents today!

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Wayfinder: Desire To Make An Impact

Wayfinder: Desire To Make An Impact

Why We Do What We Do

Wayfinder was founded from a desire in our hearts to do some good in the world through the process of appealing property values. When we began sharing this idea with others, the first reaction that we got was, “Yeah, that’s not gonna work. That’s a nice idea, but it is not really how life works.” But in spite of that advice, we still had to give it a try and ask the question: What could be possible if we had the position of making a difference and doing good through our work?

The Start Of Something New

So, we created Wayfinder. It was really exciting to see what we could do even in the first year. We were able to work with our clients, successfully reduce their property values, and take some of that money and give it back to charitable causes that our clients cared about. For the organization Feed My Starving Children, we were able to go as a team and help make food packets to give to children that are in dire straits all around the world. That was one of the first blessings of being able to start Wayfinder.

More Opportunities

One of the most surprising parts of this adventure has been discovering the many opportunities to go above and beyond when we intentionally seek to do good. I remember hearing from a company that received their tax bills and the boardroom conversation turned into, “Who are we going to let go in order to afford our property tax bill?” That was sadly the only option that they could think of to free up money to afford their tax bills. We fought for our client and got their property values reduced so significantly that their conversation changed to, “We can give our property managers and employees bonuses this year!”

Debunking Property Valuation Appeal Misconceptions

Sometimes property valuation appeals get a bad name. Some people say that by protesting your value, you end up hurting communities and families. The media will say that you are taking away from schools and hospitals. However, the reality is that you are not taking away from any of that when you appeal your value. You are simply helping the process be more fair and equitable. The government will collect all of the money that they need to collect for the schools and they’re gonna get it through property taxes which allows it to be paid fairly based on the value of your property. 

We take that a step further by asking our clients what causes they care about and donating to those causes. A lot of times they care about giving back locally because they know that a strong community is crucial to everyones success. For multifamily owners, they know they are protecting homes and they value the fact that they are helping some of the most vulnerable to have a place to live. Owners care about making that place the best it can be with amenities and a safe neighborhood. Together we are able to give back to your communities.

Making An Impact

These stories are just part of what makes going to work amazing. We are so thankful to be part of the process of making a positive impact in communities and on families and individuals. The impact is above and beyond what we could have ever imagined when we created this company. In the beginning, we were questioned if we could really make a difference. Years down the line, we now know that the work has improved communities and our ability to give. It is truly a result of the desire to make an impact. People may have mocked it at the beginning, but look at what we’ve been able to accomplish alongside our wonderful clients! 

At Wayfinder, we have seen so much good already… and we are just getting started. 

We are excited to see what comes next!

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