In this episode, we're joined by Marco Kuijper, Strategy Developer at The Netherlands Council for Real Estate Assessment. We talk about the role of oversight agencies in Netherlands property taxation, the growth of AI, as well as new trends in the assessment field.

We cover:

• Introduction to Assessment Matters podcast 00:00

• Marco’s bio and big ideas 00:35

• • Marco’s background in auditing and assessment oversight

  • What will AI do to the assessment industry?

  • Will taxpayers trust the results of AI valuation models?

• What effect will AI have on the industry in the short term? 3:00

• • The Dutch property tax, assessment, and appeals system

  • More AI model usage for evaluations

  • AI used both by taxpayers for appeals, as well as by municipalities in response

• Collecting geographic data with AI 4:39

• • Detecting houses and maintenance level from imagery

  • LLM: useful for back office tasks

• Modeling in the Netherlands 5:59

• • Some use AVM, others use clustering techniques (comparatively old-fashioned)

  • Gradual move towards machine models is expected — AI already exists in other parts of daily life

• Tolerance studies of the oversight agency 8:02

• • Same ranges used as the IAAO Standard on Ratio Studies (COD/PRD 10-15%)

  • Agency practice — not a part of legal standard

  • Comply/explain principle

  • Decentralized system — more education needed from the top

• Netherland property taxation in the next ten years 10:31

• • Shifting more towards municipal taxation

  • Land Value Tax proposed — good in theory, but must overcome various practical challenges and constraints

• Advice to newcomers 13:04

• • Be adaptable to change

  • Learn best practices from other countries and jurisdictions

• How to contact Marco 14:50

• • marco.kuijper@waarderingskamer.nl