Real Estate Credit Risk Evaluation Based On Analytic Hierarchy Process

Under the strong supervision policy of the domestic real estate market,the real estate industry is generally faced with the problem of tight capital chain,so the real estate trust project is faced with the pressure of cash payment,and the risk of trust business is increasingly high.In this context,this paper takes L city,a third-tier city in China,as an example,and takes the risk control of its real estate trust project as the research object,constructs the risk evaluation index system of real estate projects in L city,uses analytic hierarchy process to calculate the weight of evaluation index,and completes the risk evaluation and analysis practice combined with the real estate trust case of L city.Based on related theory and method,this article from the market risk,project risk,secured party and financiers risks risk evaluation system four aspects to build trust,including three secondary evaluation index.By analytic hierarchy process,the secondary L city real estate trust project risk assessment index of the judgment matrix and the calculation of the weight vector,get the rule layer risk assessment is the biggest factor influence weight secured party risk,the secondary indicators of risk evaluation of influence weight three factors are the largest liquidity risk and earnings risk to the outlook,marketing.The evaluation system is applied to the practical evaluation of real estate trust projects in L city.The consulting experts will actually score the risk indicators and finally evaluate the project risk level according to the weighted total score.According to the score,the final score of risk evaluation of real estate trust in L city is 84.103,and the risk grade is in a "good" state.Through the scoring calculation of the criterion layer,it can be seen that the risk evaluation of real estate trust in L city has a relatively good performance in terms of "project risk" and "guarantor risk".In terms of "financier risk" performance is relatively mediocre.Finally,this paper concludes that the trust risk of this project is well controllable.Based on the current situation of real estate trust risks,this paper constructs the risk evaluation index system of real estate trust in L city based on the four risk factors,and applies it to the trust risk evaluation of a real estate project in L city,which is of great significance for improving the risk management theory and strengthening the application of risk management in real estate projects.