Assessor’s School 2023

Spent a significant part of last week at Assessor’s School, and I must say, it was a surprisingly awesome experience! Here are some key takeaways from my first experience attending Assessor’s School:

📊 The appraisal profession is evolving (I know this part is a broken record). Emphasizing data analysis, local knowledge, and effective storytelling. This is what clients are searching for! #AppraisalEvolution

🗣️ Go out of your way to have conversations with the other professionals in your market. Communication is key. #Networking

💻 Dive into data analysis and modeling. Consider using the ChatGPT code interpreter for experimenting and learning from large language models. Test and verify with clustering algorithms to identify optimal datasets. #DataAnalysis #ChatGPT

🐍 Python pairs well with GWR and multiple regression models. #PythonProgramming

🕰️ Explore the historical Somers System from 1910, the first mass appraisal system based on the wisdom of crowds. #WisdomOfCrowds

🌐 Land is 1/3rd of all assets. Accurate land values lead to better CODs and PRDs. #RealEstate

🌍 ArcGIS Pro offers incredible capabilities, such as training it to identify building footprints, pools, out buildings, and more. #ArcGISPro

🔄 Embrace “Vuja De” for fresh perspectives, creativity, and problem-solving. Cultivate expertise, creative thinking, and motivation. #Innovation

📈 Leverage data to streamline assessments. #DataDriven