WELCOME TO WAAO
I am excited to announce that we have updated our website! Special thanks to
Heather & Alisa Wolf for working on the Communications Committee and taking on the task of updating the WAAO website. The site is still a work in progress but it has much more functionality. In the future, the Communications Committee will be collectively updating the website. Thanks to Steve Miner for all his work in the past as the webmaster.
We were also able to work out a partnership with the University of Wisconsin-
Madison School of Real Estate to analyze statewide residential sales from the past two years. Thanks to the Department of Revenue for sending the sales data in a workable format to UW-Madison for their analysis. Special thanks to Dr. Mark Eppli from the UW School of Real Estate) for taking on the project this fall semester. Dr. Eppli is the Director of the Grasskamp Center for Real Estate.
From the UW website:
Widely published in commercial real estate finance, development and valuation, his research has been published in dozens of top-respected real estate journals. Dr. Eppli is co-author of two books: Real Estate Development: Principles and Process and Valuing the New Urbanism, both published by the Urban Land Institute. He is an independent board member for the Federal Home Loan Bank of Chicago since 2012, and he is immediate past president of the nonprofit Real Estate Research Institute. Dr. Eppli was named a “Distinguished Fellow” by NAIOP, a national commercial real estate organization, which recognizes him as a foremost
real estate policy expert. He has also received awards from the Greater Washington Urban League and the Urban Land Institute for his efforts to attract minorities to the real estate profession.
Once the modeling is complete, Dr. Eppli will be teaching Wisconsin assessors how to model residential data. We are excited to work with him as residential modeling is an important aspect of what we do. As a whole, assessing professionals do not have the experience that he brings in residential modeling. This modeling education will be especially invaluable for individuals that are new to the assessor role.
This year we had several retirements that total over 200 years of lost experience. We have to make up for this by working smarter! Along these lines, we have formed an ad hoc Technology Committee to address the growing demand for assessors. With our ever-dwindling resources, we need accurate and efficient GIS data to assist with the mass appraisal process. Most assessors are aware of the benefits of GIS to make efficient use of the discovery process. GIS data is also important to share with other organizations. Building footprint data is necessary for emergency management, flood risk analysis, and hazard vulnerability assessments, to name a few. Unfortunately, Wisconsin is behind many states with respect to data driven analysis. Justin Durtschi from Wauwatosa is the Chairperson of the committee. If anyone is interested in serving on the committee, please contact Justin at: firstname.lastname@example.org.
WAAO has also teamed up with EagleView to present a free webinar on oblique aerial imagery. DOR has approved this webinar for 1.5 appraisal credits. Sign up by scrolling to the bottom of this page. There are two sessions available: Thursday, October 8th and Tuesday, October 13th.
As I turn over the duties of WAAO President to Michelle Laube, I encourage many of you to get involved in the association by reviewing the list of committees. We are always looking for new faces to move WAAO forward into the future. Get involved!