Journal Vol. 21, Issue 1


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What's New!

Candidates, bylaws changes on November ballot

Several minor changes to the IAAO bylaws have been approved to be on the ballot in November, in addition to the elections of board members. IAAO elections will take place Nov. 1-15 via email, and regular members will vote on candidates for president-elect, vice president, and director representatives. Associate members will vote on the candidates for the associate board member. All members will vote on the proposed changes to the bylaws. A copy of the bylaws with the complete changes is available here.

Promote the value of membership in your office; renewals start in November

As a valued member, you know firsthand how IAAO can elevate your professional skills and enhance your career. Renewal for your 2025 membership will begin in mid-November. New members can join now and be members until the end of 2025. This special offer is available for a limited time, so now is the perfect moment to expand the benefits of IAAO to your team. If you or your colleagues have any questions about the membership process or benefits, please contact membership@iaao.org. We’re here to help with any questions and to ensure a smooth onboarding experience.

Help out those hurt by Hurricane Helene

The public and private sectors are mobilizing efforts to help those affected by the Category 4 storm that has killed at least 120 people and caused billions in damage. Because damage from Helene is spread out over six states in an area that reaches from Florida to the Appalachians in Virginia, experts say to look for groups with a history of aid in the specific city or state you want to help, so your donation reaches your intended area more quickly. CharityNavigator and GoFundMe have curated lists of organizations and people in the affected areas.

IAAO offering CAE Case Study Review workshop

IAAO will offer Workshop 850 CAE Case Study Review workshop in November. This workshop provides a topical review and case study for the valuation of commercial property. This is not an introductory workshop. Participants are to have had at least the basic appraisal courses and experience in appraising commercial property. The workshop is about 25% lecture and 75% problem solving. There are seven sections: General Appraisal, Land Valuation, Cost Approach, Depreciation, Sales Comparison Approach, Gross Rent Multiplier and Ratio Studies, and Statistics. The online workshop starts 9 a.m. Central on Nov. 5. The cost is $349 for members and $499 for nonmembers. More Information and registration here.

Conference photos available, continuing education credits posted
Photos from the 2024 Annual Conference are now available to view and download online. The photos are available to download at no charge, and attendees may buy prints online. Continuing education credits have been posted to attendees' online accounts and may be accessed by members under View My IAAO Transcript. Separately, the Uniform Request for Recertification Credit, used to submit to jurisdictions for potential credits, is also available online.

Update Your Member Profile

IAAO is continuing its demographic data collection campaign to have members update profile information. Updates are a focal point for the IAAO Diversity and Inclusion Task Force and this information will be used to assess IAAO’s membership makeup and highlight the diversity of our global community. Update your profile at www.iaao.org/demologin. 

Meetings & Programs

November webinar to look at comparing sold and unsold properties

The Netherlands Council for Real Estate Assessment calculates several key figures to analyze differences between sold and unsold properties. In the IAAO November webinar, “Comparing Sold and Unsold Properties: The Ultimate Test for Assessed Values,” attendees will see how they use these indicators in evaluation of the newly estimated values. The webinar, set for noon Central Wednesday, Nov. 6, will be presented by Luc Hermans and Marco Kuijper and is eligible for 1.5 CEU hours. The cost is $55 for IAAO members and $77 for nonmembers. Register here.

International symposium in December in the Netherlands to focus on AI

The International Research Symposium, Assessment Innovation & Collaboration with a Focus on AI is set for 4-5 December in Amsterdam and the IRS plans to showcase the latest research and developments that have tangible impacts on property tax appraisal accuracy and efficiency. Registration is open and among the topics to be covered during the two-day meeting include

• Implementing AVMs
• Horizontal and vertical equity measures and new methods for assessment accuracy
• Vertical equity testing app
• Trends in Serbia real estate
• Using AI and machine learning
• Valuing mixed use properties
• Using geospatial data to overcome mass appraisal challenges.

The event is sponsored by IAAO and the International Property Tax Institute and speakers will be from around the world, representing Canada, the Netherlands, Poland, Serbia, the United Kingdom, and the United States. For more details on the sessions, check out the schedule. In addition to the programs a networking reception will take place at the end of the first day. 

Esri Canada webinar on Oct. 23 will address changes in the assessment industry

Join Esri Canada, an IAAO Strategic Partner at 1 p.m. Eastern Oct. 23 for a webinar called “Anticipating the Biggest Changes in the Future of the Property Assessment Industry.”    With technological advancements and evolving stakeholder expectations, the assessment industry is transforming. Attend this webinar for insights on how you can anticipate and embrace these significant changes to prepare yourself for the future.  Join Michael Lomax, director, assessment, at Esri Canada at 1 p.m. Eastern on Wednesday, Oct. 23 for the free webinar. Register here.

Farragut webinar on Oct. 30 on revolutionizing mass appraisal with AI

Join Farragut, an IAAO Strategic Partner, at noon central on Oct. 30 for an engaging webinar, "Navigating the Unknown to Responsibly Revolutionize Mass Appraisal," where they will explore how to use AI in mass appraisal without falling into common pitfalls. Learn about the historical evolution of appraisal methods, the key drivers shaping the industry today — including technology, workforce, taxpayer expectations, and standards — and the importance of proactive data stewardship. Discover how to responsibly shape the future of mass appraisal, enhance productivity, and ensure fairness and transparency through collaboration and strategic innovation. Shail Jain and Ian Lamont of Farragut will lead the discussion. Register here.