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Technology Corner

Some major appraisal companies examining digital tool

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Technology Corner
Wednesday, December 18, 2024

An intelligence report published by AMA Research with the title "Global Property Appraisal Software Market Outlook to 2028” gives  a detailed overview of key factors in the specific appraisal software market  such as driver, restraint, past and current trends, regulatory scenarios and technology development, according to a release.

“Property appraisal software is a digital tool designed to assist real estate professionals in evaluating the value of properties,” the release stated. “This software uses a variety of data inputs, including property features, market trends, comparable sales (comps), and location-specific information, to generate accurate property valuations. Many property appraisal software programs incorporate advanced algorithms, automated calculations, and reporting features to streamline the appraisal process. These tools help appraisers, real estate agents, and lenders assess property worth quickly and consistently, improving the efficiency of property transactions and ensuring that valuations align with current market conditions.”

Major players in this report include SFREP (United States), ValueLink (United States), HouseCanary (United States), ACI Analytics (United States), Tensor Flight (United States), Bowery (United States), HazardHub (United States), GeoPhy (United States), Accurate Group (United States) and 2Boss (China)

Global Property Appraisal Software, the manufacturing cost structure analysis of the market, is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Property Appraisal Software Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most useful or commercial areas for investments.

Additionally, the study also provides special chapter designed (qualitative) to highlight issues faced by industry players in their production cycle and supply chain.

The Global Property Appraisal Software Market segments and market data  are   broke down by application (property developers, valuers, lenders and others), pricing (monthly, annually), features (feasibility reports, automated cashflow, sensitivity analysis, residual values, financial appraisals, lender approved), coverage (tech industry, in-depth Geos x tech, latest tech waves, trending themes, team backgrounds, unbundling and others), and offerings (venture capital funds, private equity funds, accelerators & incubators, investment banks and others).

Market Drivers looks at the increasing application of property appraisal software among the real estate industry, while the market trends and will focus on consumers moving towards a reduction of property tax.

Opportunities include a growing demand for property management software and services with challenges being establishing regulatory guidelines on property appraisal software developers.

In the last section of the report, the companies responsible for increasing  sales in the global property appraisal software market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. Recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.

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