Overview of iPPi
iPPi is a comprehensive and innovative tool designed to enhance the capabilities of property professionals, including agents, valuers, and business owners in the Irish real estate market. Here’s a detailed overview of what the product does and its key features:
What iPPi Does
iPPi is Ireland’s Independent Property Price Register, developed in collaboration with the University College Dublin’s (UCD) Analytics department and over 200 industry professionals. It provides real-time access to a vast database of property transactions, enabling users to analyze and understand the housing market more accurately.
Key Features and Functionality
Data Access and Analysis
- iPPi utilizes elastic search technology to match and reference house transactions on the Property Price Register with historical data online. This allows for a detailed and contextual understanding of the housing market.
Property Appraisal Tool
- The platform offers a unique property appraisal tool that enables rapid search, assessment, and selection of comparable properties. This tool helps in creating speedy, accurate, and professionally formatted property appraisals and valuations for both vendors and buyers.
Market Trends and Conditions
- Users can determine trends and current market conditions for residential properties across various levels, including county, city, village, and even individual street levels. The data can be filtered by factors such as the number of bedrooms and property size.
Comprehensive Data Set
- iPPi provides a comprehensive set of data dating back to 2012, allowing property professionals to monitor market conditions, manage their business, and provide better services to clients.
Actionable Data
- The real-time data provided by iPPi helps property professionals in making informed decisions, monitoring competition, and offering more precise and actionable insights to their clients.
User-Friendly Interface
- The platform is designed to be user-friendly, allowing professionals to quickly navigate and utilize the extensive database to create detailed and accurate property valuations.
Conclusion
In summary, iPPi is a powerful tool that revolutionizes how property professionals in Ireland manage their business, analyze market trends, and provide services to clients by offering a robust, data-driven approach to property appraisal and valuation.