Housing and real estate market are the backbone of one country's infrastructure and economic development. Nowadays the real estate sector is attracting both domestic and foreign investors. Investors and customers, however, need to exercise caution in their exposure, as they are not organized properly. Given the risk factors and volatility inherent in the real estate business, it is critical to judge the performance ability of developers to deliver good quality projects.The following are the some of the advantages of the real estate rating
Investors:
Locate best places to invest
Identify properties with the most value
Provide objective criteria to establishes the right price range
Compute rent income to expect
Project expected long-term cash flow and appreciation
Sellers and listing agents:
Calculate best price for rapid sale
Help in expanding properties market to national buyers pool
Differentiate values of properties
Build confidence in the value of a transaction
Lenders:
Establish collateral value (both current & future) of a property
Assess potential loss in a foreclosure
Simplify decision to either foreclose or modify a loan
To know more visit Real estate property and Real estate investment
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