“Brokers’ Value Opinion Survey” pilot phase: Done!
We are happy to announce the completion of “Brokers’ Value Opinion Survey” (Residential) pilot phase. Thanks to this innovative project, market and rent residential values in Attica will be for the first time systematically measured on a 3-month-period-basis and then analysed over time and space. The survey is conducted entirely in a tailor made electronic platform, utilizes Geographic Information Systems (G.I.S), and also, amongst others, introduces the International Property Measurement Standards (IPMS) in the Greek real estate market. Therefore, property market transparency will be enhanced and real estate professionals will be armed with a reliable tool, useful for their market research projects, supporting their decisions or professional opinion.
The Property Values Committee of the Brokers Association in Attica took the project initiative. Dr. Photis Mouzakis — Neolis is the scientific consultant and Property Market Technologies undertakes the design, implementation and overall project management.
During the pilot phase Exarcheia and Kolonaki, districts at the heart of Athens city center, have been studied by the members of the Property Values Committee (Lefteris Potamianos, Vassilis Asteriadis, Kosmas Theodorides, Panagiotis Lykargyris,Julia Papageorgiou). Part of the findings is presented below:
*Values are measured for the “typical” property in each neighborhood
We will soon announce the districts that the “Brokers’ Value Opinion Survey” will be extended to and the related commercial policy.
Relevant news reports (in Greek):