IAAO has released the association's position paper on valuing big-box stores. The paper, "Commercial Big-Box Retail: A Guide to Market-Based Valuation," was published by the Special Committee on Big Box Valuation, under the direction of the IAAO Research Subcommittee and IAAO Executive Board.
The paper was released on Tuesday, September 26 at the IAAO Annual Conference in Las Vegas and was reviewed during the program "The Research and Findings of IAAO’s Big Box Task Force." The IAAO position paper focused on the key elements that assessment officials consider when addressing the challenges of Big Box store valuation. This Task Force was overseen by the IAAO Research Subcommittee.
To assist members in providing information about the assessment process, IAAO has developed a public information brochure, Understanding Your Assessment, explaining how the value of property is estimated and what causes it to change. Copies of the brochure are available to purchase online
in quantities of 50 at $17 per each 50.
Additional recent changes have made to the Standard on Valuation Models (AVMs) and a new version is exposed for comments
until October 9th.
Information on candidates
and a constitutional amendment
are available to view. The election will be electronic only and starts November 1.
The guide on intangibles developed by the IAAO Special Committee on Intangibles is now available for download. See the Technical Standards page
for more on Understanding Intangible Assets and Real Estate: A Guide for Real Property Valuation Professionals
IAAO Big-Box Paper Now Available
AVM Standard rereleased for exposure and additional comments
New Volunteer Opportunities in 2018
Vote in the IAAO Election November 1 – 30, 2017
Guide on Intangibles Released