France and Real Estate: when online sharing becomes a winner!

Exactly since last 24th April, the French government has approved a project destined to radically change the fortunes of the real estate and the entire community.
This decision consists in the online publication of all data relating to the real estate market, in such a way as to make both independent and facilitated buyers and curiosity in the analysis of the whole general picture.

Let us go into detail to better understand the parameters used and above all the advantages deriving from this choice.
The French Ministry of Economy has in fact decided to make previously private databases public.

This is an organic and complete collection, which includes over 15 million data. This use can be done through a map, selecting a very specific and limited area in a city. The system also guarantees a detailed selection of the individual building and in addition, if, in the previous period of time, contracts have been concluded or not concluded with a sale or rental contract. In addition to this great advantage, it is possible to identify the address, the surface, the number of available buildings, the plan, the type and obviously the sale price.

But how can this new type of digital approach influence the real estate market?

• Without a doubt, the criterion of transparency, which has always been sought after and often not respected, is beneficial
• There is greater authority in digital assessment systems, bringing greater fluidity to the system and significantly reducing the margin of error

But France is not the only one to have taken the big data route. In fact, there are several countries that have decided to use online platforms to allow interested parties to have a more complete and dynamic picture of the entire property.

But in all this, the problem that could be encountered and about which many question oneself is that of privacy. How risky is the online data sharing regarding the real estate market?
According to experts, there are very few risks, given that this is non-sensitive data and oriented solely to guide the buyer more easily towards a faster and well-considered choice process.

As is also the case with our site, Realigro, there is generally this strong tendency to digital sharing of the most important information that can generate a meeting, even if virtual between the demand side and the supply side, quickly and clearly , complete but above all adherent to reality!

What to say, France seems to be opening up further to the new generations, more and more looking at a screen and less inclined to the physical search for a real estate solution.

Will it be bad? Still according to statistical surveys, it seems that this decision has brought many advantages, also eliminating the intellectual gap that could exist during negotiations between private individuals.

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