Start Date
5-4-2018 2:15 PM
End Date
5-4-2018 3:00 PM
Description
Gary McCabe will explain what the IPMSC is and why IAAO has joined the coalition of more than eighty-five organizations world-wide. He will also present the aim, goals, and scope of the standards and provide a summary of the standards development work done by the Standards Setting Committee (SSC). He will then lead a discussion of the impact the standards will have on the local, national, and global real estate market participants. He will demonstrate how the use of IPMS will benefit assessors, appraisers, mass-appraisers, property owners, investors, and tenants. Assessor acceptance of IPMS based measurements can move disputes beyond building descriptions to more productive valuation issues. The audience will obtain a greater understanding of IPMS and IAAO’s relationship and role with the IPMSC as well as insights on the current and future impact of IPMS on the need for transactional transparency and real estate performance comparability in an increasingly global market.
Publication Date
April 2018
Recommended Citation
McCabe, Gary, "International Property Measurement Standards" (2018). International Research Symposium. 11.
https://researchexchange.iaao.org/irs/irs18/sessions/11
International Property Measurement Standards
Gary McCabe will explain what the IPMSC is and why IAAO has joined the coalition of more than eighty-five organizations world-wide. He will also present the aim, goals, and scope of the standards and provide a summary of the standards development work done by the Standards Setting Committee (SSC). He will then lead a discussion of the impact the standards will have on the local, national, and global real estate market participants. He will demonstrate how the use of IPMS will benefit assessors, appraisers, mass-appraisers, property owners, investors, and tenants. Assessor acceptance of IPMS based measurements can move disputes beyond building descriptions to more productive valuation issues. The audience will obtain a greater understanding of IPMS and IAAO’s relationship and role with the IPMSC as well as insights on the current and future impact of IPMS on the need for transactional transparency and real estate performance comparability in an increasingly global market.