Automatic Real Estate valuation platform: Index

Www.endeksa.com uses the advanced possibilities of digital technologies in real estate valuation, the system offers the market value instantly to anyone who enters the location and characteristics of any housing. Based on the data prepared by the valuation specialists in the licensed Endeksa, which performs field research all over Turkey, the platform provides instant information, statistical modelling and machine learning methods based on automation, and its housing values quickly and accurately The The Endeksa also offers residential sales and lease values, as well as demographic information of residents in the region, commercial parameters in the region and their living spaces.

As well as the real estate professionals, the platform that the individual users use extensively is able to report the automated valuations that they have made to users, to achieve a reliable and independent view. The opportunity to request an opinion report from experienced specialists.

Index Technology

The founding partner and CEO of the Endeksa, Görkem Öğüt, says about the Endeksa technology: "The Endeksa database is updated momentarily with the research of the valuation specialist in all provinces in Turkey, which is close to 600 indices. This information is analyzed primarily, and is being passed through consistency and accuracy checks. Not included in the given analyses that do not reach adequate level of reliability. Then, using the Endeksa machine learning methods, he regularly builds value forecasting models at a regional level. These models estimate the value based on the criteria entered by the user. The Endeksa, which currently produces an automatic value estimate for residences only, will offer the users the value estimate for offices in a very short time. "

Appraisal experts are using the automation system called the Endeksa valuation tracking system, he said, collecting data directly from the field can make fast and error-share low valuation says. Revo Venture Capital and Evtiko are investing in the Endeksa developed by Neozeka Software, stating that the goal is to be a reference organization in automatic real estate valuation.

Four Special services

With the Endeksa, it is possible to quickly determine the best investment regions. When the regions considered for investment are selected on the basis of provinces, districts, neighborhoods or locations, it takes only seconds to reach average rents, sales prices and price change trends according to the type of housing. Users can easily learn the value of their own home. By marking the map and entering the housing properties, the Endeksa calculates the market value of the house instantly.

According to the lifestyle, the choice of home is facilitating with the Endeksa. When the user's areas of life are selected on a provincial, district or location basis, social indicators and living opportunities in the vicinity are quickly displayed. The expert opinion is another differentiated service of the Endeksa. Before making individual or commercial decisions, users can apply to the opinion of the licensed Endeksa experts.

Index reports

The Endeksa offers three reports, "Expert opinion report", "Index value Report" and "on-site Feedback report". The Endeksa expert opinion report is a report of the approximate housing value of the Endeksa, in which the analysis and modeling of the indices, which are not all visible to the user, are presented to the opinion of a licensed appraiser in that region.

In the Endeksa value report, the Endeksa is reported by the system by selecting the most reliable one from the predictions produced by the models and algorithms. In addition to the forecast range, the Endeksa value report, which includes regional analyses and net value, is produced for value analyses that take quality control by taking 4 or 5 stars.

On-site Opinion report, in addition to the expert opinion report, the appraiser's housing visit, on-site detection and in the vicinity of the current market research is appreciated based on the relevant opinion report. In the content of the report, determining the value of the house, residential buildings, housing photos, how much time the residence can be sold at what price, minimum and maximum price range, competitive price and fair market value and market analysis is included .