by Ewen McRae
A new partnership is set to make the home buying experience easier.
Property data leader Corelogic has combined with realestateview.com.au to provide a state-of-the-art price estimator, giving property owners and property seekers instant price value ranges for properties across the state.
Every address searched has a range of property data and demographic information relevant to the suburb where that property is located.
Toby Balazs, chief executive of realestateview.com.au, said nearly every home buyer used a price estimator in their search, and combining with Corelogic gave searchers the trust they needed.
“We believe that we will have the most accurate property data that can be accessed by home buyers,” Mr Balazs said.
“The breadth and depth of property data that Corelogic brings to us right across the country is amazing, and they’ve got a very strong name in the property industry, so we believe by us partnering with them we can provide our property seeking audience with more data, accurate data, and give them confidence when they’re performing a property search.”
Launching last week, the price estimator will provide home buyers and sellers with an Automated Valuation Model on any properties they search through the portal.
Mr Balazs said it would be particularly useful as the market goes through a period of fluctuation, with prices in general rising after a previous downturn in the market.
“I think it’s an important tool in any market,” he said.
“Australians, as we know, are property obsessed, so there’s no shortage of interest in property.
“Whether it be an up-swing or a down-swing in the market, it’s always important to know where the value sits, but in what has been a tough market in 2019 it’s always important to understand what those property price indicators are at an individual level, and then get it verified by one of our agent partners.
“For buyers, sellers and vendors, to know what to expect if you take a property to market is very important. I think looking at clearance rates recently there’s more confidence in the market now, so this partnership will only become more important.”