Presentation on theme: "A tour of Locational Intelligence introducing REALMaps."— Presentation transcript:
a tour of Locational Intelligence introducing REALMaps
A tool for Market Rent Analysis RTA S25 (3) … what a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay for the tenancy, in comparison with rent levels for similar properties in similar areas.
Its a bit like alchemy… a pinch of this a dash of that shake it all together Throw in a bit of statistical data - How do you figure out market rent? The Alchemist in Search of the Philosopher's Stone, by Joseph Wright, 1771 $ ????/week …And out pops a magic number
Two industry sources – a real life example
There simply isnt enough information to be able to compare properties using these statistics - Helpful… but is it good enough? Pets allowed? Smokers allowed? Maximum number of tenants? Close to schools, shops and parks? Nice area or not so nice? On a hill or in a valley? Does it have views? Does it have garaging? Are there any seasonal factors? Data is highly summarised
Market Rent Analysis - easy as Instantly search over 75,500 rental properties since Jan 1 Login to REALMaps 2 Search, Filter and Select 3 Save and Print
Login – 1
30000 ft view Closer….Closer still….
2 Search, Filter and Select
Get a little detailed
3 Save and Print
Please come and see us during the break for a demonstration.