Assessment Matters by Valuebase.ai

55: Valpal Lite: Free AI Revolutionizing Property Valuation


Listen Later

In this conversation, Ken Lane discusses his background in AI and software development, particularly focusing on the launch of Valpal Lite, a new tool designed to assist property tax assessors. The discussion covers the evolution of AI in software, the capabilities and limitations of AI tools, and the importance of context in their application. Ken emphasizes the supportive role of AI in the industry and highlights the features of Valpal Lite, which aims to enhance efficiency in property tax assessment.takeaways

  • Ken Lane has a rich background in AI and software development.
  • Valpal Lite is a free tool aimed at property tax assessors.
  • AI tools can significantly enhance productivity in appraisal work.
  • The importance of context in AI applications cannot be overstated.
  • AI is not a replacement for humans but a supplement to their work.
  • Validation of AI outputs is crucial to ensure accuracy.
  • Valpal Lite includes features like AI chat and comp finder tools.
  • The tool aims to support assessors and improve industry practices.
  • AI can help address the shortage of appraisers in the field.
  • Valpal is designed to be a friendly and helpful assistant.
  • "We built a power tool for that."
  • "Always validate the outputs."
  • "Valpal is your valuation pal."

Sound BitesChapters00:00Introduction to Ken Lane and Valpal02:59The Evolution of AI in Software Development06:02Valpal Lite: A New Tool for Property Tax Assessment08:53Understanding AI Capabilities and Limitations12:01The Importance of Context in AI Applications14:57Features of Valpal Lite and Future Developments

...more
View all episodesView all episodes
Download on the App Store

Assessment Matters by Valuebase.aiBy Will Jarvis

  • 5
  • 5
  • 5
  • 5
  • 5

5

3 ratings


More shows like Assessment Matters by Valuebase.ai

View all
The Appraisal Update: The Official Podcast of Appraiser eLearning by Bryan Reynolds

The Appraisal Update: The Official Podcast of Appraiser eLearning

28 Listeners

Appraiser Talk by The Appraisal Foundation

Appraiser Talk

18 Listeners

On The Market by BiggerPockets

On The Market

901 Listeners

Face Value by Appraisal Institute

Face Value

5 Listeners

Assessing the Situation by IAAO

Assessing the Situation

7 Listeners