Assessment Matters by ValueBase.co
Assessment Matters by ValueBase.co
Will Jarvis
18: Jim McCathern - CAMA Systems and Their Markets
14 minutes Posted Sep 7, 2023 at 8:26 pm.
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Show notes
In this episode, we're joined by Jim McCathern, Vice President of Sales & Business Development Tax & CAMA Vertical at Catalis to talk about being a technological leader and new trends in the assessment field:
Jim’s background
Introduction to Assessment Matters podcast
Jim’s background in real estate valuation and architecture
The founding story of Patriot Properties
Difference in technology back in the 1980s
The development of CAMA (Computer Assisted Mass Appraisal) systems as a way to scale up assessment
Where the CAMA market is going
Speed of technological development vs government change
Transition towards cloud-based computing and automation
Transparency and availability of information
The fragmentation of the CAMA market
Variation of property assessment and taxation by state
Patriot Properties’ expansion from Massachusetts to the rest of the US
How to think about growth
Horizontal (more states) vs vertical (more cities within states)
Strategy
Advice for assessors buying a new CAMA system
Having an open mind about workflow
How to adapt to new technology
Accommodating existing vs introducing new practices
Parting advice