Pat Alesandrini – Small Jurisdictions, Dark Store Theory, and Technology in Assessment

Introduction to Assessment Matters podcast 00:00Pat’s bio and big ideas 00:35Pat’s experience in the building and valuation, economics, and mass appraisal, and moreCombining Artificial Intelligence (AI) and Machine Learning (ML) with geospatial analytics, expansion of IAAO internationally, and difficulties of smaller assessment officesAI 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 workBeing cognizant of data quality and effect on softwareImportant for people who don’t use it to see that it’s not magic, but rather a toolPushing IAAO to set up standards for AI usageStruggles of smaller jurisdictions 12:18Tend to be understaffed and underpaidLack good training and good dataLow market activity and small catchment areas“Dark store” theory 18:53How deed restrictions are used by commercial property owners to lower commercial property assessments across the boardFactors assessors must be cognizant of when determining market valueHow it started, established legal precedent, and relevant legislationAdvice for newcomers 25:18Education — classes, training programsExperience — learn on the jobExposure — finding out more about various other different industries, property uses, etc.How to contact Pat 31:04Phone: +1 (309) 453-6684