Property Transaction Data
The Ultimate Guide to Property Transaction Data 2021
What is Property Transaction Data?
Property transaction data is a subcategory of property data. It serves as an inventory for transactions which have taken place in the property industry. Property transaction data is intelligence on the sale, purchase, rental, leasing of property and real estate. Property transaction data is used by property developers, realtors, property owners and anyone who particpates in real estate.
How is Property Transaction Data collected?
Property transaction data is collected from public and commercial records. The property market has various participators, some in the public sector, others in the private sector. Property transaction data is monitored, and then collected when there has been any type of transaction in the market, from rentals, to leases, developments and sales or purchases. Often this data is scraped from real estate websites and public records. Historical sources can also be a source of property transaction data, either physical or digital format. Data vendors collect property transaction data, compile it into datasets, and make it available for purchase.
What are the attributes of Property Transaction Data?
Property transaction data is a type of property data, so many of the attributes that property data possesses also apply to property transaction. Property transaction data should be accurate. It must contain all the correct details of a transaction regarding property, such as prices, payment method, property dimensions, availability, tenure, and agreements.
What is Property Transaction Data used for?
Property transaction data is used as a measure of stock valuation in real estate. It documents any transactions that involve properties. Property transaction data can be used as a historical record to calculate future transactions. It can also be used for analytics, giving insight on to the performance of the real estate industry over a given period of time. Investors can utilise property transaction data in deciding which property types and agreements will yield the most profit, thereby helping them make informed decisions on their investments. Furthermore, property transaction data can also be used by property developers to determine which properties would be profitable to commit efforts to constructing.
How can a user assess the quality of Property Transaction Data?
Conducting data quality assessment for property transaction data involves checking that the monetary values in the dataset are accurate. There should be no errors or omissions when it comes to property transaction data. Property transaction data must also be timely, and must be updated on a frequent basis, because transactions occur on an equally frequent basis as well. It’s also worth checking that the property transaction vendor is credible, and this can be done either by testing a sample of their data, and or taking a look at buyer reviews.
Who are the best Property Transaction Data providers?
Finding the right Property Transaction Data provider for you really depends on your unique use case and data requirements, including budget and geographical coverage. Popular Property Transaction Data providers that you might want to buy Property Transaction Data from are BIGDBM, ScaleCampaign, ProspectNow, Real Capital Analytics (RCA), and PropertyAdvisor.my.
Where can I buy Property Transaction Data?
Data providers and vendors listed on Datarade sell Property Transaction Data products and samples. Popular Property Transaction Data products and datasets available on our platform are BIGDBM Real Residential & Commercial Property Data for USA (Real Estate Data) by BIGDBM, ProspectNow - Real Estate Data API - Real-time Residential & Commercial Property Data (USA, 10 year history) by ProspectNow, and WalkLists | Consumer Data Household Home Purchases USA (>240M Consumers) by ScaleCampaign.
How can I get Property Transaction Data?
You can get Property Transaction Data via a range of delivery methods - the right one for you depends on your use case. For example, historical Property Transaction Data is usually available to download in bulk and delivered using an S3 bucket. On the other hand, if your use case is time-critical, you can buy real-time Property Transaction Data APIs, feeds and streams to download the most up-to-date intelligence.
What are similar data types to Property Transaction Data?
Property Transaction Data is similar to Property Market Data, Property Owner Data, Commercial Property Data, Residential Property Data, and Property Listings Data. These data categories are commonly used for Property Valuation and Property Transaction Data analytics.