Hybridization of valuation procedures as a medicine supporting the real estate market and sustainable land use development during the covid-19 pandemic and afterwards - Publication - Bridge of Knowledge

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Hybridization of valuation procedures as a medicine supporting the real estate market and sustainable land use development during the covid-19 pandemic and afterwards

Abstract

Currently we are facing the pandemic situation that occur all over the world. Regardless the country or even the region, the negative consequences that are expected could be very big and the level of crisis is not predictable. This situation is the challenge for the real estate market as well. Due to this fact, the authors believe that there is the time when deep transformation of approaches, procedures and awareness related to valuation domain becomes. Today, due to the fact of the global COVID-19 and pandemic restrictions is the best time to implement the automated models and advanced technological solutions to the valuation world. The authors proposed the hybrid approach that is the way to reconcile the participants on the property market. Hybrid approach is understanding as the synergy in combining aspects of new (automated solutions) and traditional components that are developed in the agile mode system creation. The proposed solutions can be treated as a cure for some symptoms of the real estate market infection but also as a vaccine, which should to a large extent prevent restrictions and nuisance in real estate valuation in case of repeated infection.

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Details

Category:
Articles
Type:
artykuły w czasopismach
Published in:
LAND USE POLICY no. 99,
ISSN: 0264-8377
Language:
English
Publication year:
2020
Bibliographic description:
Renigier-Biłozor M., Źróbek S., Walacik M., Janowski A.: Hybridization of valuation procedures as a medicine supporting the real estate market and sustainable land use development during the covid-19 pandemic and afterwards// LAND USE POLICY -Vol. 99, (2020), s.105070-
DOI:
Digital Object Identifier (open in new tab) 10.1016/j.landusepol.2020.105070
Verified by:
Gdańsk University of Technology

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