IAAO Research Exchange
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IAAO\u27s New Tool for Basic Market Analyses
No full textFree new member benefit! Preview the IAAO software that provides meaningful insights into time trend analysis, depreciation schedules and much more
Fair + Equitable March 2024
No full textThe March F+E cover story by John Lifflander looks at preparing for property tax appeals and the importance of early groundwork to present a clear, convincing case.
In addition, the issue also includes articles on: Career Center jobs IAAO celebrating its 90th anniversary in 2024, including noting its nine female presidents in 90 years Our library is 40 but IAAO has been providing research help for 90 years Conference registration opens in April; hotel block is now available The importance of award nominations Fellows Council seeking nominations GIS conference keynote preview Members approve bylaws amendments California’s hot housing market New IAAO designeeshttps://researchexchange.iaao.org/f-e/1006/thumbnail.jp
Three Ways to Subscribe to GAMA
No full textGAMA, your ultimate Property Assessment solution. In this session, we will explore three powerful tools: GAMA Explorer, GAMA Editor, and GAMA Evaluator.
Firstly, we\u27ll delve into GAMA Explorer subscription, a spatial data visualization tool designed to unlock insights into your property data through interactive maps. Next, we\u27ll showcase GAMA Editor, a comprehensive data management solution that combines visualization with advanced editing functionalities. Finally, we\u27ll introduce GAMA Evaluator, your complete property assessment solution. Attendees will learn how GAMA Evaluator revolutionizes property assessments by seamlessly integrating CAMA system features with GIS, providing enhanced functionalities throughout the assessment lifecycle.
Throughout the session, attendees will gain insights into how these tools can empower their organizations. Additionally, we will provide information on the subscription options available for GAMA, ensuring attendees leave with a clear understanding of how to leverage these powerful solutions for their property assessment needs
RFPs for valuation software: Pick a partner, not just a product
No full textWriting effective RFPs that address all your needs and allow vendors to determine how to best serve them is an important skill that can determine your long–term success. This session brings together both sides of the RFP process to discuss the key points and considerations that will help you create a great partnership
Comparable sales in the age of artificial intelligence
No full textThese sessions dive into the application of artificial intelligence (AI) in property valuation. The first presentation introduces a method to measure market representation using AI, addressing its importance and simplification. The second session focuses on AI-driven explainability in models, emphasizing transparency and customization for ethical considerations. The final presentation explores AI\u27s role in improving the comparable sales approach, offering theoretical insights and practical applications for advanced audiences
Vision of AI assisted mass appraisal
No full textIn this presentation, we delve into the groundbreaking concept of integrating AI assistants, such as Microsoft Copilots, into the realm of mass appraisal for property tax. Our focus is on achieving a delicate equilibrium between responsible AI implementation and leveraging the capabilities of AI assistants in the property tax landscape. Join us as we navigate through cutting-edge tools that are poised to revolutionize mass appraisal, providing a comprehensive understanding of their technical intricacies. By the end, our aim is to boost the audience\u27s confidence in harnessing AI\u27s potential for enhancing accuracy, equity and efficiency in mass appraisals
Mass appraisal in modern times: Emotion recognition technology implementation focus
No full textDecisions related to mass real estate valuation often involve properties characterized by unique sets of features, each holding distinct significance for decision-makers. Incorporating this aspect into analyses has proven to be a challenge. Traditional methods of information analysis frequently overlook the synergy among these features and neglect the influence of behavioral aspects intrinsic to decision-makers. In addressing these limitations, this study proposes a novel solution leveraging emotion detection technology through Computer Vision and Neural Networks in the context of mass real estate valuation. The novelty of the presentation lies in proposing new approaches by illustrating that the assessment of real estate features forms a synergistic and inseparable conglomerate (Fusion Features). This underscores the enhanced usability of the results in analyzing specific phenomena, structures, or systems within the context of mass real estate valuation. The importance of this solution becomes evident in the context of mass real estate valuation procedures, where the comprehensive understanding of an real estate features, including emotional aspects, can significantly contribute to more accurate and nuanced market analyses outcomes
Implementing apartment valuation models in developing and transitioning countries
No full textApartment valuation models are pivotal for property taxation systems in Western countries,ensuring fairness and efficiency in tax collection. These models, however, presuppose access to high-quality data, a condition often unmet in developing and transitioning countries due to prevalent data availability constraints. This presentation demonstrates that, with innovative approaches and alternative data sources, these countries can effectively implement apartment valuation models for property taxation. It highlights recent progress and real-world examples in Eastern Europe, Africa, and Asian countries, focusing on the adaptation of cadaster and registry databases and exploring unconventional sources for market data to support the valuation process
Shake Things Up, Stir the Pot, Scramble the Routine
No full textIt\u27s okay to function outside the standard deviation of what a typical mass appraiser might do. Doing things differently may create better relationships. Seemingly crazy methods might just improve assessment results. At the very least you won\u27t find yourself keeping a chair warm and waiting to draw on your pension
Unlocking the Third Dimension: Exploring 3D Cadastre
No full textHave you been faced with factoring in rights, restrictions, and responsibilities that run with the land and extend above the surface, or maybe below when valuing properties in your jurisdiction? How about keeping track of all of those condo parcels and the unique factors that influence value? Attend this workshop to learn how today’s GIS can unlock insights about a property by its ability to manage parcel data in three dimensions