Use of technology in data collection and analysis will be maximized

[xmusienb]

http://www.tbnweekly.com/pinellas_county/content_articles/072908_pco-01.txt

The cost of doing business. Or getting elected, is to align yourself with those who would automate the appraisal profession.

Use of technology in data collection and analysis will be maximized to minimize costs, ensure consistency and minimize errors. More information will be made available to the public and taxing districts; data and analysis useful for planning and forecasting.

Let's see, minimize cost.

Use of technology will "ensure consistency and minimize errors."

Interesting. Zaio and AVM's can do all that?

 

[Fred]

Zaio and AVM's can do all that?

I think just about every assessment office in the US uses AVM. Assessors used to call it CAMA.

 

[Joyce Potts]

I think just about every assessment office in the US uses AVM. Assessors used to call it CAMA.

And so accurate, so many use them!

 

[Mike Boyd]

We ALL use technology to analyze data collection. In CA we call it MLS and public records that are on line.

Sounds to me like some techie is trying to BS someone who knows nothing about appraisal.

 

[Fred]

And so accurate, so many use them!

AVM's are accruate. Besides, you really want to try to do 20,000 appraisals per year without a computer?

 

[George W Dodd]

AVM's are accurate. Besides, you really want to try to do 20,000 appraisals per year without a computer?

The software used in tax assessment is use by a qualified Appraiser which is different from mortgage lender's use of AVMs that lack the benefit of a licensed Appraiser. The Assessor is bound by sections of USPAP that deal with mass appraising; however an AVM is not an appraisal and is not subject to any standards.

The noted statement is comparing apples and oranges.

 

[Fred]

The only thing missing from your post, George, is a factual basis for any of those conclusions. Last year, I applied for a modeler's job with an AVM company. The fellow they hired instead was licensed (MAI, Phd). Three years ago, I applied for a modeler's job in an assessment office, the guy they hiired was not licensed. You might be surprised to find mass appraising is mas appriaising whehter the client is a private company or a government agency.

My comment was intended to show that the valuation software works just fine. Accuracy goes down as the coverage area increases, because that causes the quality of data to go down.

 

[David Sawyer]

http://www.tbnweekly.com/pinellas_county/content_articles/072908_pco-01.txt

The cost of doing business. Or getting elected, is to align yourself with those who would automate the appraisal profession.

Use of technology in data collection and analysis will be maximized to minimize costs, ensure consistency and minimize errors. More information will be made available to the public and taxing districts; data and analysis useful for planning and forecasting.

Let's see, minimize cost.

Use of technology will "ensure consistency and minimize errors."

Interesting. Zaio and AVM's can do all that?

Peter,
One of the candidates in this article that was quoted is Frank Gregoire, whose credentials will stretch from here to the moon! He is also chairman of the Florida Appraisal Board. To have over 100,000 parcels in the county individually appraised would require several hundred appraisers full time. You hire the smartest IT professionals!