{"id":120599,"date":"2021-06-25T06:10:42","date_gmt":"2021-06-24T23:10:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/3x-growth-in-datasense-products-more-agents-can-now-help-property-seekers-make-data-based-decisions\/"},"modified":"2021-07-18T17:03:26","modified_gmt":"2021-07-18T10:03:26","slug":"3x-growth-in-datasense-products-more-agents-can-now-help-property-seekers-make-data-based-decisions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3x-growth-in-datasense-products-more-agents-can-now-help-property-seekers-make-data-based-decisions\/","title":{"rendered":"3x Growth in DataSense Products: More Agents Can Now Help Property Seekers Make Data Based Decisions"},"content":{"rendered":"


\n3x Growth in DataSense Products: More Agents Can Now Help Property Seekers Make Data Based DecisionsWith data, everything makes more sense \u2013 so we gave PropertyGuru agents DataSense.
\nLaunched on 31 March 2021, DataSense is a suite of proptech data tools that we designed for PropertyGuru agents, so they can become even better advisors for property seekers.
\nWith adoption rates growing 3x weekly, about 13% of agents are already using DataSense since its official launch. With adoption rates increasing week on week, more and more agents are expected to benefit from this tool.
\nThrough the successful launch of DataSense, PropertyGuru is empowering agents even more, with our data technology to answer some of the most pertinent questions property seekers go through in their home buying\/selling journeys.
\n\u201cWhat is the best asking price for my property?\u201d
\nProbably the trickiest question of all. These numbers could really make or break your deal!
\nIt must be something high enough that is appealing for you to sell, yet also realistic and within the budget of your buyer. Striking this balance is easier said than done and is truly a science.
\nGood thing we have DataSense to help with this!
\nDataSense gives our agents PropertyGuru-exclusive data that compares actual transacted prices versus asking prices to make an informed judgement call.
\n\u201cThis exclusive data is incredibly useful and important for property sellers to adjust their price point in accordance to market rates. This is important for 2 big reasons. First, a good price point allows banks to match the property valuation easily and will make the transaction a lot smoother. Secondly, it helps with offloading your property within a comfortable timeframe for your subsequent portfolio progression. Pegging the wrong price tags to your property reduces the number and quality of interested buyers; having the right price helps attract the right buyer with a sincere bid for your property.\u201d \u2013 Linda Yang, PropNex<\/p>\n

Tip: Ask your agent to find this out for you under DataSense\u2019s Market Insider tool.
\n\u201cIs this the right time to sell my unit?\u201d \u201cIs this the best time to buy this unit?\u201d
\nThanks to DataSense, PropertyGuru agents can immediately advice property seekers:<\/p>\n

If you\u2019ll get a profit or a loss by selling your unit now
\nIf you can actually buy a unit below value
\n\u2026and much more!<\/p>\n

\u201cIt\u2019s always good for every client to have transparency on each unit\u2019s purchase price, be it a profit or a loss. A tool like Project Insights will help property buyers and sellers analyse better before any transaction, so they can make a more informed decision. It could also help in the negotiation process.\u201d \u2013 Zac Huang, ERA<\/p>\n

Tip: This data is available to your agent via DataSense\u2019s Project Insights tool.
\n\u201cHow does my property compare with other nearby properties?\u201d
\nWhether it comes to buying or selling, it\u2019s always good practice to do a little research around the neighbourhood.
\nUsing DataSense, agents can quickly view comparative charts of one property versus others nearby!
\n\u201cIt is important for property owners to get an idea of how nearby or similar properties are performing, so you get a very realistic and objective perspective of how you can expect your property to perform. This is a big factor to help you decide if it\u2019s the right time to sell and what is the right price for your property.\u201d \u2013 Alvin Tay, Huttons<\/p>\n

DataSense also empowers agents to advise on surrounding amenities at an instant within radiuses of up to 5KM!
\n\u201cYour agent should be very familiar with the property and the surrounding area, with important amenities like shops, medical, distance between schools, food \u2013 almost like your agent lives in that neighbourhood! Home Report can help agents understand each property faster and better, so we in turn can advise you if this property is truly a good buy for you.\u201d \u2013 Andrew Nair, ERA<\/p>\n

Tip: Ask your agent to show you around the neighbourhood through DataSense\u2019s Home Report.
\nWith further enhancements to DataSense being rolled out in the coming months including PropertyGuru exclusive data points, the PropTech eco-system and property seekers alike are benefiting from the growing rate of PropertyGuru agents being empowered by data.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…3x Growth in DataSense Products: More Agents Can Now Help Property Seekers Make Data Based Decisions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

3x Growth in DataSense Products: More Agents Can Now Help Property Seekers Make Data Based...<\/p>\n","protected":false},"author":1,"featured_media":120600,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/06\/03-PGSG-DataSense-Blogpost-Banner-03.jpg?fit=1000%2C560&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vn9","jetpack-related-posts":[{"id":30297,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/agents-closed-more-deals-amidst-drop-in-home-prices\/","url_meta":{"origin":120599,"position":0},"title":"Agents closed more deals amidst drop in home prices","date":"October 17, 2016","format":false,"excerpt":"\r The slide in private home prices is luring wary property seekers back into the market. 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