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introducing REALMaps

a tour of Locational Intelligence. introducing REALMaps. A tool for Market Rent Analysis.

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introducing REALMaps

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  1. a tour of Locational Intelligence introducingREALMaps

  2. A tool for Market Rent Analysis RTA S25 (3) … “what a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay for the tenancy, in comparison with rent levels for similar properties in similar areas”.

  3. - How do you figure out market rent? $ ????/week The Alchemist in Search of the Philosopher's Stone, by Joseph Wright, 1771 • …And out pops a magic number It’s a bit like alchemy… • a pinch of this • a dash of that • shake it all together • Throw in a bit of statistical data

  4. Two industry sources – a real life example

  5. - Helpful… but is it good enough? • Pets allowed? • Smokers allowed? • Maximum number of tenants? • Close to schools, shops and parks? • Nice area or not so nice? • On a hill or in a valley? • Does it have views? • Does it have garaging? • Are there any seasonal factors? • Data is highly summarised • There simply isn’t enough information to be able to compare properties using these statistics

  6. Market Rent Analysis- easy as 1-2-3 1 3 2 Login to REALMaps Save and Print Search, Filter and Select Instantly search over 75,500 rental properties since Jan

  7. 1 Login –www.realmaps.co.nz

  8. 30’000 ft view Closer…. Closer still….

  9. 2 Search, Filter and Select

  10. Searching and Filtering • Highly optimised code for speed and efficiency • Client side Techy stuff : • all written in HTML 5, CSS, Javascript, AJAX with compressed streaming data and a combination of Google APIs and locational algorithms. • Server side Techy stuff: • Lots of data scrubbing and geo algorithms such as Damerau–Levenshtein, Hamming distance, Haversine, and fair weighted queuing. Oh, and our secret sauce! • Works on an iPad or PC with a modern browser (5x faster on Chrome)

  11. Get a little detailed

  12. 3 Save and Print

  13. a demonstration. Please come and see us during the break for

  14. Thank you visit www.realmaps.co.nz Greg Munro greg@realmaps.co.nz

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