IN THE NEWS
London, UK, May 9, 2012
The International Valuation Standards Council (IVSC) has recently selected Jack Poe from Dallas, Texas as one of two US citizens to serve on a working group to examine the valuation of investment property, to consider the need for a new International Valuation Standard (IVS) or guidance on the topic and then to develop the necessary documents following the IVSC Due Process procedures.
The IVSC www.ivsc.org is an independent body that sets global standards for valuation, especially those that will be relied upon by investors and other third party stakeholders. It also promotes the development of the valuation profession around the world and collaborates and cooperates with other organizations concerned with standards and regulation in the financial markets.
Jack Poe has been an investment property valuation expert for 30 years www.poeco.net and served as a standard writer from 2008 to 2011, on the Appraisal Standards Committee of the Appraisal Institute. He received his Master of Science degree in Real Estate Appraisal in 2001 from the University of Saint Thomas www.stthomas.edu, his MAI designation from the Appraisal Institute www.appraisalinstitute.org in 1988, and a bachelor’s degree in finance from the University of Texas at Arlington www.uta.edu in 1980 (where he currently volunteers in the Real Estate and Business Ethics departments). Jack has more recently served as 2010 President of the California not-for-profit Forensic Expert Witness Association www.forensic.org.
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