Rentier performs a statistical analysis and selects the most probable amount for which a similar real estate can be let in a similar location on the basis of the database of over a million property ads and data about the property an investor considers. Offer prices are adjusted to transactional prices based on real transactional data from rental management companies.
Based on information about the location of the property and its parameters, Rentier selects a sample of representative offers, i.e. those that are the closest to the analyzed property and as a result of statistical analysis presents the result of the valuation. The valuation is calculated based on the offer prices from the area, adjusted to transaction prices based on data from the National Bank of Poland.
In many cases, if the data is available at the time of analysis, it is possible to perform the simulation on one’s own. However, this will take many hours that can be used in a much more enjoyable way. Furthermore, Rentier uses historical data, which is often no longer available.