International Property Tax Institute (IPTI)

The IPTI team wishes you and your family a joyful holiday season and a happy New Year! Please note that our office will be closed from Tuesday, December 24, 2024, through Wednesday, January 1, 2025, as our team takes time to recharge and celebrate with their loved ones. Thank you for your support, and we look forward to working with you in the new year.

The IPTI & IMA Virtual Symposium, Embracing Global Innovation: Impact on Valuation Professionals, is just around the corner! 📅 Date: Jan 28 & 29, 2025 💡 Focus: Explore how technologies like AI and machine learning are reshaping the valuation profession. 🕒 Early Bird Registration ends December 15 – secure your spot now for a discounted rate! 🏆 CPD Credits: Earn 5.0 Learning CPD Credits from IAAO, IMA, and AIC by attending the full event. Learn more and register here: https://lnkd.in/ebm_R8e6 #Innovation #Valuation #AI #MachineLearning

That’s a wrap of the International Research Symposium (IRS) in Amsterdam hosted by International Property Tax Institute (IPTI) and International Association of Assessing Officers (IAAO). We had a great line up of very knowledgeable speakers and great representation from around the world for both attendees and speakers. #Amsterdam #valuation #innovation #AI

The International Reasearch Symposium (IRS) organized jointly by the International Association of Assessing Officers (IAAO) and the International Property Tax Institute (IPTI) got off to a great start this morning in Amsterdam. The opening session featured a Keynote Address by Dr. Marc Franke from the University of Amsterdam. Dr. Franke’s presentation, titled "Different Applications of AVMs," explored the diverse ways in which Automated Valuation Models (AVMs) are currently being utilized, with a particular focus on their role in property tax valuations. The session sparked a lively discussion, with an engaged audience posing insightful questions and diving deeper into the practical implications of Dr. Franke's research. This strong start sets the tone for what promises to be an enriching and thought-provoking event. We look forward to continuing the dialogue on innovative approaches and best practices in property valuation and taxation throughout the symposium. #Valuation #Innovation

THERE'S STILL TIME TO REGISTER! The overall focus of the event, sponsored by #IAAO and the International Property Tax Institute (IPTI), is Assessment Innovation & Collaboration with a Focus on AI. Speakers from Canada, the Netherlands, Poland, Serbia, the United Kingdom, and the United States will present at the symposium. Registration is underway and fees are €480 for IAAO and IPTI members and €590 for nonmembers. Register at https://lnkd.in/g6ewJ4zh

The use and benefits of AI and machine learning are building momentum throughout the global property assessment industry. Property Valuation Services Corporation (PVSC), the assessment authority for Nova Scotia, has successfully developed and integrated advanced statistical analysis (machine learning) as its primary tool for residential valuation and used predictive modelling to build operational efficiencies. Join PVSC’s Chief Data Scientist, Ashley Wu, as she shares insights on their machine learning journey, successful models, and quality assurance strategies. Embracing Global Innovation – Impact on Valuation Professionals proudly presented by Institute of Municipal Assessors (IMA) & International Property Tax Institute (IPTI) When: January 28th & 29th Where: Online Register Now: https://lnkd.in/ebm_R8e6

In an ever-evolving industry, we’re constantly hearing about shifts, technological advancements, and new innovations. But how do these changes affect our day-to-day roles? And how can we adapt global breakthroughs to suit local needs? IPTI, in partnership with the Institute of Municipal Assessors, is excited to invite you to a unique virtual symposium that tackles these questions head-on. Join us from the comfort of your home on January 28-29, 2025 for insights from global experts on transformative trends reshaping property valuation. 🗓️ Save the Date! 🌐 Visit our virtual website to learn more and register: https://lnkd.in/eDr3WQNX Early Bird Registration available until December 15th And there’s more! Attendees can earn 5.0 Learning CPD Credits granted by the IMA, IAAO, and AIC for completing the full event. #innovation #valuation #EGI2025 Carlos Resendes, Peadar Davis, Mordechai Katzman, Michael Lomax, Brian Guerin, Charles Johnstone, Shelley Graham, Greg Martino John Watling

International Collaboration “How to motivate and retain staff” focused on future proofing and importantly the retention of staff. The paper presented by Julia Donahue and Evelyn Khoi was discussed at #COVA / International Property Tax Institute (IPTI) Conference of Valuation Valuation Agencies of the Future The highlights of the findings focused on the findings from the research on key retention programs and initiatives from Valuation Agencies from across the world There were some common themes * The difficulties of base compensation and competing with the private sector * Support for professional designations * Employee expectations and demographics * The importance of succession planning A discussion ensued on the High Impact Retention Drivers - by way of a toolkit aligned to transformation and engagement across six key areas

The two-day Conference of Valuation Agencies (CoVA 2024) in Dublin, Ireland, has come to a close, and the IPTI team couldn’t be more grateful to everyone who participated and contributed to making this event a tremendous success. ✨ Special Thanks to the conference program committee – Kathy Gillis (Property Valuation Services Corporation, Nova Scotia), Greg Martino (Municipal Property Assessment Corporation, Ontario), Alan Colston (Valuation Office Agency, UK), and Colm Lavery (Tailte Éireann, Ireland). Their support and dedication from start to finish were invaluable. We also deeply appreciate their organizations for partnering with us to make this event possible. 👏 Appreciation for Our Speakers: A heartfelt thank you to all 36 speakers who shared their knowledge and expertise with our delegates from around the world. 🏢 Venue & Sponsors: We’re thankful to Technological University Dublin, for providing exceptional facilities and an inspiring lecture hall. A special shoutout to our sponsors – Cognizant (Gold Sponsor) and C3 AI (Silver Sponsor) – for their generous support. For a comprehensive overview, check out our detailed conference summary in this month’s newsletter (link in comments), and visit our website for more updates and photos from the event. Here’s to more shared insights and continued growth in our field! #CoVA2024 #Valuation #Collaboration

Today marked an inspiring first day at the Conference of Valuation Agencies (CoVA 2024) held at the TechnologicalUniversitydublin. With this year’s theme, "Valuation Agencies of the Future," 125 delegates from around 15 countries have come together to share valuable insights, experiences, and address pressing challenges in our field. A key focus has been the importance of international collaboration, with experts providing impactful recommendations on recruitment and professional development to prepare our workforce for the future. 📸 Here are a few snapshots from Day 1—stay tuned for more updates! #CoVA2024 #Valuation