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Tinsa Digital launches real estate big data tool
24 July 2019 | Observatorio Inmobiliario

Tinsa Digital has created Radar, «the first real estate big data tool which adapts to the needs of the user in terms of cost and use, without a long term contract», according to the company.

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On the first year alone, the automated valuation and Smart Data technological services company expects to reach 50.000 users on this platform.

Radar is a service 100% online, which doesn’t require any technological integrations of any type. Once registered, the user accesses immediately a web platform which gathers all the knowledge from Tinsa Digital’s vast database.

The new tool provides market value information (including the estimates’ level of accuracy) on the buildings the user wishes to add going back to 2009 and the areas of influence they fall on. This tool also includes several indicators, such as the estimated rental price, the expected net profit or the area’s price evolution since 2001 and the expected price evolution for the following year.

Radar will soon expand its indicators with financial and socio-demographic information in order to enrich the tool with an increasingly more complete vision, facilitating the market’s analysis.

Radar’s main innovation is that it allows any real estate professional, whether autonomous, an SME or a big portfolio manager, access to confirmed quality information to make decisions. «Radar gives, for the first time, to a wide audience, access to big data technologies which, up until now, were only available to big portfolio managers», said Jorge Valero, director at Tinsa Digital.