Patrick Price
Vice President
Property Tax
ROLE
Patrick leads an experienced group of property tax professionals throughout the United States. He ensures DMA’s property tax services are best-in-class for DMA’s entire client base. In addition, Patrick works directly with DMA’s clients to negotiate assessment reductions via informal meetings with assessors and successfully defend positions before assessing jurisdictions and Boards of Appeal. His base of industry-specific knowledge and education, together with extensive experience in valuation services, provides clients with the highest level of professional service and proven results.
EXPERTISE
30+ years in property tax; 23 years with DMA
- Completed thousands of real property tax assessment review projects
- Expert in researching real estate markets, analyzing properties, and negotiating reductions at all levels
- Extensive experience in the analysis and valuation of office, retail, complex industrial, multi-family, and special-purpose properties
- Provides expert testimony before various jurisdictional and government authorities, including Boards of Appeal, Commissions of Probate, and Circuit Court
- Generated $60M+ in property tax savings for clients
- Instrumental in the development of DMA’s proprietary property tax management system
- Implemented various CRE data sources used by DMA’s property tax professionals
- Former appraiser with a local MAI appraisal firm
- Previously worked in a tax assessor’s office where he gained a unique viewpoint from the assessment, valuation, and governmental perspectives and their internal methodologies
JURISDICTIONS
Alabama | Arkansas | Florida | Georgia | Mississippi | North Carolina | South Carolina | Tennessee | Virginia
INDUSTRIES
Healthcare | Hospitality | Leasing | Manufacturing | Multi-Family | Office | Oil & Gas | Retail | Special Purpose
TECHNOLOGY
PTES – Property Tax Enterprise System | Marshall & Swift | CoStar | Pictometry | CompStak | Regrid | Green Street
EDUCATION / CREDENTIALS
- Completed numerous courses in property valuation in undergraduate and graduate programs, and through professional organizations such as the International Association of Assessing Officers, The Appraisal Institute, and the CCIM Institute
- Certified Commercial Investment Member (CCIM)
- CRE with The Counselors of Real Estate
- Certified General Real Property Appraiser (Alabama, South Carolina)
- Registered Agent, Tennessee State Board of Equalization
- Member, Florida Associate of Property Tax Professionals (FAPTP)
- Featured speaker for DMA educational forums and tax industry organizations such as the Tax Executives Institute (TEI), Council on State Taxation (COST), and Canadian Property Tax Association (CPTA)