Research On Improvement Of Real Estate Valuation Market Comparison Method

Real estate is not only the material basis of people’s survival,but also an asset,and the object of people’s trading and investment.Since the ninety century,the real estate industry has gradually become an important pillar industry of the national economy.On the other hand,the real estate industry is also prone to generate economic bubbles,causing financial risks and even financial crises.Real estate appraisal is the behavior of real estate appraisers to appraise the value of real estate involved in social and economic activities.Real estate appraisal involves many fields of expertise,and has strong professional requirements for evaluators.After the founding of New China,the development of the market economy has led to the progress of the real estate appraisal industry,and the introduction of the real estate appraiser and other related professional qualification examination system,has improved the overall level of real estate appraisal practitioners in China.In the current real estate evaluation in our country,the commonly used methods are market method,cost method and income method,among which the market method is the most prominent and widely used.Market method is simple and easy to understand,restoring the real value of the real estate to be evaluated in the market,so it has become the simplest,most direct and most commonly used method in the real estate evaluation method system.The market comparison method of real estate evaluation needs to be established in the open and perfect market,select specific comparable transactionStarting with the relevant concepts and basic theories of real estate evaluation,this paper analyses the theoretical basis,applicable conditions,application programs and technical routes of the real estate valuation market method.On this basis,the main problems existing in the application of the traditional market method are analyzed,that is,the arbitrariness of the selection of transaction examples is greater and the correction of the influencing factors of real estate prices is more subjective.The shortcomings of the field method are analyzed theoretically.The applicability of Delphi method and set pair analysis in its improvement is analyzed theoretically:Delphi method is used to screen comparable transaction cases,and experts from different professional backgrounds judge the transaction cases without communication.This avoids the situation that individual evaluators decide the comparable transaction cases subjectively,and reduces the market method when selecting comparable transaction cases.Random,then set pair analysis idea is introduced to revise the influencing factors of real estate prices,and set up set pair analysis model.Considering the different influencing factors on real estate prices,the paper evaluates and revises the similarities,differences and converses of the evaluation objects and comparable transaction examples,and calculates the total connection degree and the distance between similarities,differences and converses on the basis of calculating the total connection degree and the distance between similarities,differences and converses.In order to reduce the subjectivity of revising the influencing factors of real estate price in the market law,the price evaluation formula is used to obtain the value of the real estate to be evaluated.Finally,the article takes Nanjing Jinding Bay Garden XX Real Estate as an example to show the specific application of the improved market method in real estate evaluation,in order to illustrate the operability of the improved market method.The value of the improved market method lies in reducing the influence of subjective factors on the evaluation results and making the evaluation results more convincing.