27 August 2008
REIDIN.com unveils a new service for real estate professionals; INDEXFocus
REIDIN INDEXFocus is an innovative online tool for tracking house price differentials, conducting property valuations and performing multiple simultaneous market analyses. The index series are considered to be the first of their kind in Emerging Markets offering reliable information, statistics and projections on the real estate sector. Initially only covering Turkey REIDIN’s INDEXFocus product range will be expanded to include other countries to be added in the coming weeks.
IndexFocus also presents REIDIN.com’s exclusive Automated Valuation Model (AVM) for Turkish real estate market (currently covering six major Turkish cities) and built around REIDIN’s vast database of residential price information.
The indices are of value to all participants in the real estate market and will support a number of emerging online products in the property and mortgage industry including automated valuations.
Value added properties of REIDIN.com – INDEXFocus include:
. Dynamic Heat Maps
. Automated Valuation Model
. Excel Downloading
. Refined and up to date data Sets
. Comparison against many other instruments
Ahmet Kayhan, CEO says: “After prolonged and sustained efforts, this service has finally seen the light. The use of existing quality dataset and state-of-the-art index construction methodologies will result in measures of house prices that accurately represent the return on the assets in question rather than providing biased estimates that are bedeviled by compositional change and lack of market coverage.” Kursat Sahin, the Database Manager adds “Our technology and know-how as a leading real estate information provider for emerging markets has given us insight into what drives AVM performance-namely current data, intelligent technology, proven methodologies”.
To access INDEXFocus, please click http://indexfocus.reidin.com/
REIDIN.com is the world’s first online information service providing a range of intelligence products dedicated to meeting the unique requirements of Real Estate market professionals interested in developing economies.
REIDIN.com serves Developers and Builders, Investors and Lenders, Designers, Marketing Managers, Government Institutions, Tenants and Occupants: End-users, Sellers, Buyers and Landlords, Property and Asset Managers, Lawyers. through offices in Dubai, Hong Kong, Istanbul and London.
For further information you can contact us:
Office 142, BBC World Building,
Dubai Media City, PO Box 333929, UAE