In this episode, we're joined by Pat Alesandrini, Past-President of IAAO and Chief Deputy Property Appraiser in Hillsborough County, Florida. We talk about the growth and usage of artificial intelligence and machine learning, small jurisdictions and “dark store theory”, as well as other new trends in the assessment industry.
We cover:
Introduction to Assessment Matters podcast 00:00
Pat’s bio and big ideas 00:35
Pat’s experience in the building and valuation, economics, and mass appraisal, and more
Combining Artificial Intelligence (AI) and Machine Learning (ML) with geospatial analytics, expansion of IAAO internationally, and difficulties of smaller assessment offices
AI and ML, Chat GPT, LLM — what are the big opportunities, especially in assessment, in the next 5-10 years? 3:52
“The sky's the limit” — automating mundane and repetitive work
Being cognizant of data quality and effect on software
Important for people who don’t use it to see that it’s not magic, but rather a tool
Pushing IAAO to set up standards for AI usage
Struggles of smaller jurisdictions 12:18
Tend to be understaffed and underpaid
Lack good training and good data
Low market activity and small catchment areas
“Dark store” theory 18:53
How deed restrictions are used by commercial property owners to lower commercial property assessments across the board
Factors assessors must be cognizant of when determining market value
How it started, established legal precedent, and relevant legislation
Advice for newcomers 25:18
Education — classes, training programs
Experience — learn on the job
Exposure — finding out more about various other different industries, property uses, etc.
How to contact Pat 31:04
Phone: +1 (309) 453-6684
Email: drini57@outlook.com
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