MEMPHIS, TN.- Crye-Leike Commercial Broker Eric Fuhrman knows firsthand the financial pain many business and property owners in the MidSouth are feeling in the current economic recession.

 

"I talk to small and large commercial real estate owners and investors everyday," said Eric Fuhrman, a Broker in the Crye-Leike Commercial division in Memphis. "As many of them try to hang on to their assets, along comes the county with a tax assessment on their property that doesn't match the true street value. People are in pain and my goal is to offer an online tool to possibly help to eliminate the sting of paying unnecessary higher taxes."

 

In an interest to protect property owner rights, Eric has launched a new website www.memphiscomps.com. The site offers users the opportunity to get "real time" values on comparable property sales for a fraction of what it ordinarily costs to secure a commercial appraisal.

 

"Once a commercial property owner enters their information online - within 48 hours they will have the hard data they need to initiate a formal review of their tax assessment and bill from the Shelby County Tax Assessor's office," said Eric. "Traditional commercial appraisals typically can cost $2,000 or more and take up to 3 weeks or longer to complete. With this online tool, owners will only pay $200 and have results in two business days or less."

 

Eric is a licensed Commercial Broker in Tennessee and Mississippi working with buyers and sellers in and around Shelby, Fayette and Tipton counties in Tennessee and Desoto County Mississippi. He is a Certified Commercial Investment Member, (CCIM) recognized as an expert in the disciplines of commercial and investment real estate. Eric is among an elite corps of 8,600 professionals who hold the CCIM designation across North America and more than 30 countries.

 

Since 2004 Eric has focused exclusively on commercial investment property transactions. He is a co-founder of www.realstreetex.com dedicated to meeting the needs of individual real estate investors and is regarded as a blogging pioneer in the West Tennessee region. Eric is a member of the Crye-Leike Multi-Million Dollar Club and lives in Oakland Tennessee with his wife and four children.

 

"As I see it, the market value on commercial property is not paying owners anymore than it did the last time properties were appraised," said Eric. "That's the bottom line and if the tax assessment and bill is higher, then chances are an owner has the opportunity to reduce their tax burden by using www.memphiscomps.com to get their appraisal back in line with the market."

 

For all your commercial and business brokerage real estate needs contact Crye-Leike Commercial Broker Eric Fuhrman directly by phone at 901-262-2055, email: eric.fuhrman@crye-leike.com and on the web at www.realstreetex.com.

 

Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of more than 3,500 licensed sales associates based out of 126 corporate and franchise offices located in 65 counties through-out the eight-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina.

 

Crye-Leike is a full-service real estate company offering buyers and sellers services in: residential sales, mortgage lending, title, insurance, business brokerage and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2008, the Crye-Leike organization attained a sales volume in excess of $4.2 billion with 25,871 homes sold.