FacebookPixel

Are apps really useful when buying or selling a property?

So to get an approximate overview, applications for the valuation of a property are generally good, but they will not replace a detailed valuation made by a professional on site. Because experience and therefore a professional consultant usually should be the choice. Meta...
15 May 2020 min reading
Are you thinking of buying a property or maybe you own one and would like to sell itWant to know how much this property is worth? No problemit´s quick and easy from home - at least more and more property valuation apps promise that 

The App Stores are full of digital helpers. Some of them are completely free, while others demand money for a valuationBut how effective are them? Can we really trust the result or just get confused 

Just add some photos and - BAM - your property´s value shows ups 

However, in order to use such applicationsit is usually necessary for users to provide various private data, such as name, email or telephone numberproperty registration and other data that we usually only provide to those we knowAfterwards, a photo of the property is uploaded and the value is displayedHoweverthe photos are not really decisiveThey are only used for artificial intelligence to determine whether the object is an apartment or a house 

On the other handother informationsuch as the transmitted GPS data, comes to the surfacebecauseabove allit is the location that determines the value of a propertyyou are giving your postal address again to those you do not knowManually, data such as dimension of the property, year of construction or number of rooms must be specified 

Do these applications provide serious information 

believe that property valuation apps have to be looked at with cautionSince the valuations are based on some criteria and important parameters are missing herewhich may lead to questionable resultsThe applications cannot therefore be used for a serious valuationthey can satisfy the spontaneous curiosity of anyone interested in a valuation of their propertyBut obviously this is not the purpose of digital helpersthey should give an indication..  

So to get an approximate overviewapplications for the valuation of a property are generally goodbut they will not replace a detailed valuation made by a professional on site. Because experience and therefore a professional consultant usually should be the choiceMeta data alone will not enlighten us about the value of a property, because the consultant´s experience to analyse the characteristics of the property, such as location, neighbourhood, conditions of the property, investments to be made, etc., are the database of the experience of the professional real estate agent and his team. 

 

Text: Paulo Lopes 

Picture: Gerd Altmann by Pixabay 

See More Properties
Other news that may be of interest
  • Buy or rent? 18 Aug 2023
    Buy or rent?
    A German study highlights that property owners tend to accumulate more wealth in the long term than renters. They adopt a more frugal lifestyle, save more, and enjoy greater...
  • The Tile 13 Aug 2023
    The Tile
    Anyone who knows and visits our country is not indifferent to Portuguese tiles. They decorate buildings, are present in churches and monuments, on the floor, and in decorative...
  • Why do so many Germans now want to emigrate to Portugal (Part VI)? 25 Feb 2024
    NEWS
    Why do so many Germans now want to emigrate to Portugal (Part VI)?
    Nature and gastronomy are the strengths of Portugal and are usually mentioned by Germans who visit Portugal first when you ask them, in addition to the hospitality and the good...
We are available to help you I would like to be contacted
Date
Hour
Name
Contact
Message
captcha
Code
What is responsible research
This search allows you to obtain results that are more tailored to your financial availability.