Better Real Estate information for Romania?

Mark wrote in a comment to an earlier post on Real Estate shopping woes in Romania…

“I also have access to the same data sources as the romanian real estate agents to search for properties and comparable sales. (I subscribe to 3 different specialized resources) All these systems are a joke, un-audited and never up-to-date. So unfortunately you cannot blame the agent for bad sources of data, but the agent should learn some customer service skills and let you know how things work in Romania before they lead you down the garden path.

The resources available to the average consumer are not much better. The systems running the public websites to search for property are very basic to say the least and once again, un-audited and never up-to-date. It seems that most agents leave the handful of listing they have on these sites (Or make them up) just to attract potential purchasers whether the are for sale or sold 2 years ago.”

I, myself, usually rely on tea leaves to confirm real estate agents’ assertions here that “it went up 22% last year therefore…it must go up again at least as much next year” (note- it has been very annoying when the agents are right even when their reasoning is flawed :) ). Mark, Success with your endeavors to make sense of this information deficit.

For those who desire statistics based on the legal filings required when you sell a home in the U.S., take a look at Dataquick. Add this info to the Real Estate 3.0 web services (highlighted earlier on Springwise) and you have a extremely timely and useful view of the market.

 

Written by Steve

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