Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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Thomas W. Shannon

5114 N Young's Blvd, Oklahoma City,OK

Summary

Dynamic Senior Commercial Appraiser with extensive experience at Bexar Appraisal District, specializing in cost and income approaches to property valuation. Proven track record in enhancing assessment methodologies and achieving favorable outcomes in tax appeals. Strong attention to detail and collaborative skills drive successful negotiations and comprehensive property evaluations.

Overview

29
29
years of professional experience

Work History

Senior Commercial Appraiser

Bexar Appraisal District
10.2008 - 01.2021
  • Initial three years experience in the retail team.
  • Determined retail property valuations based primarily on income and cost approaches to value.
  • Conducted comprehensive property inspections to gather critical information to evaluate new construction, property additions and current condition.
  • Established property effective age based on current condition and recent building permit completions.
  • Ensured compliance with USPAP guidelines and other relevant regulations throughout the appraisal process.
  • Negotiated with property owners regarding assessment values during tax appeal processes, ensuring fair representation for all parties involved.
  • Promoted to team lead in the Special Use and Complex Property group.
  • Developed strategic valuation methodologies that improved efficiency and consistency of assessments. Evaluated and established annual property noticed values for the following special use and complex property types: Fiesta Texas (Six Flags), Sea World, Landfills, Hotels / Motels, Senior Living and Skilled Nursing properties.
  • Reviewed third-party appraisals for quality control purposes, ensuring accuracy and adherence to industry standards in final reports.
  • Prepared narrative and written appraisal reports to support the appraisal district's value for post administrative actions in arbitrations and litigation.
  • Assisted other commercial groups (Retail, Office, Industrial and Multi-Family teams) in discussing value protests with owners and property agents.

Property Tax Consultant

Assessment Technologies LTD
05.2001 - 10.2008
  • Analyzed property tax assessments and reviewed appraisal district methodologies (income, market, cost and equity approaches) to determine areas that would reduce client property values and maximize client savings.
  • Analyzed market trends to provide accurate property value estimations during consultations.
  • Conducted thorough research to support valuation appeals, resulting in favorable outcomes for clients.
  • Collaborated with clients to identify key issues impacting property valuations and recommended actionable solution.
  • Represented clients with properties in 14 states and became familiar with each state's tax code requirements.
  • Achieved successful outcomes in disputes by preparing well-structured appeal documents backed with substantial evidence.
  • Analyzed market trends and property values to provide accurate tax projections.

Residential Appraiser

Bexar Appraisal District
09.1999 - 05.2001
  • Determined fair market value for residential properties in the County.
  • Analyzed market trends and comparable properties to ensure accurate assessments.
  • Performed on-site property inspections for residential properties that had been sold, had additions completed, and annual neighborhood re-evaluations.
  • Met informally with property owners to discuss property condition and value.
  • Settled property value reductions informally with property owners.

District Manager

EG&G Dyatrend
09.1991 - 08.1998
  • Responsible for day-to-day district operations in support of a U.S Treasury contract.
  • Team member in developing operational policies and proceedures.
  • Let Requests for Proposals (RFPs) to establish a network for vendors over a 5 state area.
  • Responsible for the acquisition, transportation, storage and disposition (remittance/sales/destruction) of government seized and general order merchandise.
  • Involved in auctions of government property as a licensed auctioneer in the State of California and Texas.
  • Up to $150 million dollars of seized property in my District at any given time.
  • Responsible for compliance with procedures and regulations to include responding to internal, local Customs Enforcment and GAO audits.
  • Enhanced employee productivity by providing training, guidance, and performance evaluations of up to 20 employees.


Education

Biology

Cameron University
Lawton, OK

Skills

  • Cost approach
  • Income Approach
  • Sales Approach
  • Rent comparables
  • Vacancy analysis
  • Discounted cash flow analysis
  • Property valuation
  • Appraisal review
  • Site inspection
  • Arbitration and Litigation support
  • Teamwork and collaboration
  • Attention to detail

Accomplishments

  • With EG&G Dynatrend and the U.S. Treasury contract achieved the company's first ever zero deficiency report on a GAO audit.
  • With Assessment Technologies, LTD, as a Property Tax Consultant, protested a property's land value in a formal hearing that reduced that value from over $1.5 million to less than $200,000.
  • With the Bexar Appraisal District, as a Senior Commerical Appraiser, consistently realized 5% or less annual value loss at informal and formal value hearings.

Timeline

Senior Commercial Appraiser

Bexar Appraisal District
10.2008 - 01.2021

Property Tax Consultant

Assessment Technologies LTD
05.2001 - 10.2008

Residential Appraiser

Bexar Appraisal District
09.1999 - 05.2001

District Manager

EG&G Dyatrend
09.1991 - 08.1998

Biology

Cameron University

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