Property valuation: how has it evolved and why is it so important for the real estate market?
Posted: Tue Dec 10, 2024 5:12 am
Before 2018, this was the reality: doing a property valuation was a headache. Today, it is an art that is within the reach of any real estate professional and in record time.
The process is simple: CASAFARI aggregates complex data to make it accessible in easy-to-read graphics, saving hours in front of the computer. At the end, the real estate professional can make his or her suggestions or follow those of the platform.
Through a complete property valuation (supported) by the largest number of comparables, you can suggest the best final price to the owner and win them over with the data you provide.
This was the question that led us to Mila chinese overseas africa database Suharev, co-founder of CASAFARI and head of product and data. In three short questions, we clarified the importance of this tool and how to get the most out of it within the CASAFARI network.
After all, how can we know the estimated value of a property?
Less than half a dozen years ago, it was difficult to find the answer to that question. The information was too fragmented and it was necessary to search all the real estate portals, almost always taking too long and without success. Another problem was ensuring the veracity and quality of that data.
As we know, the fair price for a property valuation cannot be justified intuitively; it is necessary to have a basis. For this reason, CASAFARI data has disrupted the real estate market.
Today we are able to optimize this task and collect real values: CASAFARI has the largest database of comparables, gathering all the real estate data available, in the respective markets in which it operates: Portugal, Spain, France and Italy – and we do not stop there. In minutes, it is possible to download a complete, personalized report adapted to each case.
Is any property valuation tool suitable for this investigation?
Not really. In order to collect real values and create a report based on real estate market data, it is essential that the platform collects all available assets. And this is not possible by using only the universe of searches within a real estate portal: a much larger sample is needed, it has to be significant.
That's why, today, only by accessing CASAFARI is it possible to extract a report that, more than just personalized, is a true mirror of the real estate offer. We are the only company that tracks more than 16 thousand sources and 120 million listings every day, and growing!
How does CASAFARI differentiate itself in property valuation?
CASAFARI is much more agile in its research and collects a very complete history of information, which is gold in the client's hands. In addition, a marketing price is suggested, in an editable report, with the option of considering individual advertisements or the entire real estate market offer. This is where we differentiate ourselves: there are no European players collecting data using machine learning, as our teams have the capacity to do.
The process is simple: CASAFARI aggregates complex data to make it accessible in easy-to-read graphics, saving hours in front of the computer. At the end, the real estate professional can make his or her suggestions or follow those of the platform.
Through a complete property valuation (supported) by the largest number of comparables, you can suggest the best final price to the owner and win them over with the data you provide.
This was the question that led us to Mila chinese overseas africa database Suharev, co-founder of CASAFARI and head of product and data. In three short questions, we clarified the importance of this tool and how to get the most out of it within the CASAFARI network.
After all, how can we know the estimated value of a property?
Less than half a dozen years ago, it was difficult to find the answer to that question. The information was too fragmented and it was necessary to search all the real estate portals, almost always taking too long and without success. Another problem was ensuring the veracity and quality of that data.
As we know, the fair price for a property valuation cannot be justified intuitively; it is necessary to have a basis. For this reason, CASAFARI data has disrupted the real estate market.
Today we are able to optimize this task and collect real values: CASAFARI has the largest database of comparables, gathering all the real estate data available, in the respective markets in which it operates: Portugal, Spain, France and Italy – and we do not stop there. In minutes, it is possible to download a complete, personalized report adapted to each case.
Is any property valuation tool suitable for this investigation?
Not really. In order to collect real values and create a report based on real estate market data, it is essential that the platform collects all available assets. And this is not possible by using only the universe of searches within a real estate portal: a much larger sample is needed, it has to be significant.
That's why, today, only by accessing CASAFARI is it possible to extract a report that, more than just personalized, is a true mirror of the real estate offer. We are the only company that tracks more than 16 thousand sources and 120 million listings every day, and growing!
How does CASAFARI differentiate itself in property valuation?
CASAFARI is much more agile in its research and collects a very complete history of information, which is gold in the client's hands. In addition, a marketing price is suggested, in an editable report, with the option of considering individual advertisements or the entire real estate market offer. This is where we differentiate ourselves: there are no European players collecting data using machine learning, as our teams have the capacity to do.