The property assessment industry plays a vital role in determining the value of real estate, providing crucial information for various stakeholders, including homeowners, investors, local governments & taxing authorities. Technological advancements are and will continue to revolutionize the property assessment industry, enhancing accuracy, efficiency and transparency. Artificial intelligence (AI), machine learning (ML), use of geographic information systems (GIS) and big data will enable assessors to process quickly and precisely update vast amounts of information. Advanced algorithms will automate the assessment process and emerging technologies like virtual reality (VR) and augmented reality (AR) could enable assessors to conduct property inspections remotely, saving time and resources.
As industry leaders, we need to explore and embrace the potential of using less but more accurate data, enabling a more just and equitable approach to valuations.
Attend this webinar to gain insights on anticipating and embracing technological advancements and evolving stakeholder expectations, helping you prepare for the future of the property assessment industry.