RENOSY My Page Releases New Feature "Investment Real Estate AI Assessment"

August 18, 2022

AI calculates appraisal value based on estimated rent and yield per area

Our company, which operates the online real estate marketplace “RENOSY”, provides price assessments on My Page (https://www.m-standard.co.jp/lp/about_mypage/) for real estate owners. A new function, "Investment real estate AI assessment" has been added to the functions. As a feature, AI calculates the appraisal price by the profit return method.

RENOSY 's AI appraisal is a function provided on My Page for real estate owners. By registering property information such as apartment name and floor plan, customers can check sales/rent assessment amounts and monthly assessment price trends.

With this new function, customers who own investment properties can now check the appraisal price of real estate (*) calculated by the income capitalization method linked to the estimated rent predicted by AI on RENOSY 's My Page. .

As a result, RENOSY My Page distinguishes between the appraisal prices of properties held for residential purposes and properties held for investment purposes, and responds to customer needs by providing more accurate approximate prices.

RENOSY will continue to promote real estate transactions, make prices more transparent, and contribute to the revitalization of the market as a whole by providing an AI-based price assessment function free of charge on My Page.

(*) Target properties: Sectional apartments under 40m2 that are currently being rented | Target areas: 23 wards of Tokyo / some areas of Kanagawa Prefecture. The area will be expanded in the future.

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