Jim McCathern - CAMA Systems and Their Markets

Jim’s background 0:01Introduction to Assessment Matters podcastJim’s background in real estate valuation and architectureThe founding story of Patriot Properties 2:32Difference in technology back in the 1980sThe development of CAMA (Computer Assisted Mass Appraisal) systems as a way to scale up assessmentWhere the CAMA market is going 4:23Speed of technological development vs government changeTransition towards cloud-based computing and automationTransparency and availability of informationThe fragmentation of the CAMA market 8:49Variation of property assessment and taxation by statePatriot Properties’ expansion from Massachusetts to the rest of the USHow to think about growth 9:28Horizontal (more states) vs vertical (more cities within states)StrategyAdvice for assessors buying a new CAMA system 10:25Having an open mind about workflowHow to adapt to new technologyAccommodating existing vs introducing new practicesParting advice 12:39