TRANSFORMING THE ESTATE AGENTS PROFESSION

STRIVING TO BECOME THE TOP AGENT IN YOUR REGION


VALUE PROPOSITION FOR ESTATE AGENTS

 PASSIVE INCOME FOR INDIVIDUALS (PERMANENTLY) – BE PART OF A REVOLUTIONARY NEW PROPERTY VALUATION PROCESS

HIGHER INCOME FOR ESTATE AGENTS / FRANCHISEES / FRANCHISORS BY SUBSCRIBING TO THE Q5 ESTATE AGENT VALUE MANAGEMENT PROGRAMME



  • Benchmarked professional conduct for service excellence to both buyers and sellers

  • Performance rated to showcase excellence and separate professionals from rogues


ESTATE AGENTS ARE THE KEY TO SETTING NEW STANDARDS FOR

PROPERTY VALUATIONS


We are creating a unique database


All registered estate agents and diverse professionals of good standing in the property industry are welcome to contribute data. However, for quality control purposes, applicant contributors must be accredited by the Centre for Applied Management and Behavioural Science (CAMS). Accreditation to be renewed annually.


CAMS accredited contributors enjoy the following benefits:

1. A template to populate on properties of their choice. This template will be slightly more comprehensive than the one currently being used for canvassing stock to sell.

2. This template to be populated on any mobile device of their choice.

3. Once the completed data has been received on a specific property, that property is locked on the name of the accredited data provider. The contributor “owns” that property for as long as he/she remains active by ensuring data remains fresh.

4. To prevent duplication, properties already canvassed will be published on our website for the exclusive access of our accredited data contributors

5. Every time a valuation is required on that property by any client accessing the Q5 Automated Valuation Tool (Q5AVT) the data contributor receives a percentage of the fee charged.

6. It is all done automatically, creating a passive income for the data contributor with no human intervention necessary.

7. There is no restriction to the number of properties a data contributor could lock on his/her name.

8. It means the data contributor has every reason and is highly motivated to canvass stock to sell (usually a drudgery) and in the process collects data for continued passive income


This process could be best described by comparing it with a beehive  

The bees are the collector of nectar (data) in the open field (property market) from various attractive plants and beautiful flowers (property types spread over diverse industries). The nectar is not in an edible form yet (analysed data leading to usable information). However, when collected and processed in the beehive (in the background by super computers) it turns into honey (user-friendly information), a very delicious tasty food which everybody loves and wants to use because of its accuracy and low cost. It creates energy (a wealth of decision-making information), giving life and creating wealth in the condition of the user. Our accredited data contributors (independent bees) will be trained (if necessary) on populating the electronic template provided to them.


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HOW IS THE ABOVE AFFECTING THE VALUATOR PROFESSION?

CHOOSE TO BE PART OF THE FUTURE

 The present methodology for valuating properties is not refined enough. Valuators do not always consider all factors influencing the value of a property and some need subjective judgement. The valuer could be biassed or could be manipulated to satisfy a specific agenda. Sometimes value figures could be disputed because they do not meet the expectations of clients. Conventional valueres have in such circumstances little scientific means to justify their valuations that could lead to expensive disputes.

The methodology used by us augments conventional valuation procedures (which is currently based on measurable data, experience and gut feel). Our methodology is comprehensive and takes into account all the conventional factors, but adds value determinants that influence the intrinsic value of buildings not available to conventional appraisers. All this data (conventional and additional value determining factors referred to above) are used in a sophisticated statistical model to compute property value more accurate than mere human intelligence could. It also includes all the subjective items but transforms them mathematically into objective numbers.

The practical consequence of accurate property values is that properties will be put on the market at the correct price right from the start so as to sell the property during the optimum window period. Estate agents will not be tempted to promise unrealistic sales values just to get a mandate, to the detriment of realistic agents, and in their attempt to realise these inflated expectations allow the property to go stale.

Buyers will know the justified price and agents will be able to conclude a sale quicker with the only determining factors the personal preferences of prospective buyers.

We will implement this methodology parallel to conventional valuations which will be constantly correlated with prices realised on the open market from a willing seller and able buyer. As soon as this valuation methodology has consistently proven its superior accuracy, this fact will be vigorously promoted with the view of soliciting industry adoption on the highest level for the sake of better business practices.



Please see the information on transforming the valuation profession