RENOSY, an online Real estate investment, has launched a new function that lets users know the remaining amount after selling and the market price of their properties.
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- Added "remaining investment simulation" and "sales case studies" to support decision-making regarding the sale of investment properties -
RENOSY, the online Real estate investment service brand operated by our company, has added two new features to help investment property owners learn the market price of their properties and make the next decision regarding selling.
To improve customer experience, RENOSY is expanding the functions that support the management of investment real estate, from considering selling to closing. We have now started offering a "remaining amount simulation" that shows the remaining amount after deducting various expenses from the desired selling price. In addition, we have posted "sales examples" of condominiums in the same apartment complex as your property or in the surrounding area on your My Page.
By adding additional factors to consider when setting the desired selling price, it has become easier for investment property owners to proceed with the sale process according to their own wishes.
◆ Key points of this case
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RENOSY introduces two new features to support decision-making regarding the sale of investment properties
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"Remaining amount simulation" lets you know the remaining amount when selling your property
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You can post "for sale examples" on your My Page and check the market price of your property.
◆ Overview of "Remaining Money Simulation"
The "Net Amount Simulation" function calculates the net amount when an investment property is sold. By entering the necessary information into a form, you can now easily understand the net amount. By providing more information when considering sales activities, investment property owners who are considering whether to hold on to their property or sell it can now make their next decision more easily.
By entering the required information into the form - "desired selling price," "remaining loan balance," "property price at time of purchase," "purchase date," and "year and month of condominium construction" - the remaining amount will be automatically calculated by subtracting "remaining loan balance," "total selling expenses," and "transfer tax (※1)" from the desired selling price.
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In the future, we plan to increase the variety of calculation methods, add a method to calculate the selling price from the desired remaining amount, and add functions for more precise calculations. Furthermore, we plan to make the function even more convenient for customers, including linking it with other functions.
◆ Overview of "Sales Case Studies"
"For Sale Examples" is a function that allows you to see the selling prices of the same apartment building or apartments in the surrounding area for each investment property registered on your My Page.
By displaying examples of other sales that can be used as reference when setting the desired selling price, investment property owners can now get a more comprehensive understanding of the market value of their properties.
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◆ Background of the development of "Remaining Balance Simulation" and "Sales Case Studies"
Generally, for an investment property owner to decide on the selling price of their property, they need to make an inquiry to a real estate salesperson and then have multiple exchanges. First, the real estate salesperson will ask about the property information and desired selling price over the phone, etc. After that, they will receive a proposal for the selling price based on the market price and the amount that will be left over if the property is actually sold, and then the actual selling price will be decided.
RENOSY aims to create a world where investment property owners who want to sell their properties themselves can start selling their properties online when they want, at the price they want. Up until now, we have provided features such as "Investment Property AI Appraisal (※2)," which calculates the appraisal value of properties owned, and "Easy Online Selling (※3)," which allows users to apply to sell their properties from within RENOSY My Page. As customers have used these features within RENOSY, we have heard comments such as "I want to know if the investment property AI appraisal results are the appropriate price," and "I want a guideline for setting the desired selling price." In order to meet further needs, we have added new features such as "Net Profit Simulation" and "Sales Case Studies."
By adding factors that investment property owners can use as a reference when setting the desired selling price for their property, it has become possible to reduce anxiety when putting a property on the market and to proceed with the sales process in a way that satisfies them.
https://www.ga-tech.co.jp/news/12739/
(※3) GA technologies Co., Ltd." RENOSY, an online Real estate investment, launches full-scale "Easy Online Sales"" (announced June 3, 2024)
https://www.ga-tech.co.jp/news/4mum6jcmwfk2d7_n/
◆ Future plans
RENOSY aims to make Real estate investment more accessible to customers by providing a convenient experience that makes it easier to complete the complicated procedures that were previously necessary. In order to support investment property owners in their decision-making to "sell," "hold," or "buy," we will provide services, functions, and information that will further enhance customer experience and convenience.
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