The data collection and processing process can be summarized in different stages.
1st Collect and process information on indicators from Latin American countries
2°With this information and through a mathematical model we designate the economic category of the country.
3°We analyze the real estate sector in the countries where real estate investments are offered and we expose not only the real estate market study but also an economic, social and legal study.
4°With the market study we analyze the real estate project received to yield a result of economic viability
5° The entire study is exposed through an interactive report, where the user can interact with the report
We are currently using different software that make up the process of data collection and processing, they are =
QGIS provides a growing range of capabilities through its core functions and plugins. You can view, manage, edit, and analyze data, as well as design interactive, printable maps.
HeidiSQL is an all-in-one tool for database administration, development, and administration.
Excel is a very powerful tool for extracting meaningful information from large amounts of data.
RStudio is an integrated development environment (IDE) for the R programming language, dedicated to statistical computing and graphics. It includes a console, syntax editor that supports code execution, as well as tools for tracing, debugging, and workspace management.
At Reicrodw we are under a constant motto of updating, so these softwares presented are the ones used up to now, according to the needs of our clients and the evolution in our studies will force us to incorporate new complementary technologies to those already used, which allow us to They are giving excellent results.
In short, our human capital is the fundamental pillar of the company, they are the ones who plan, study all the factors, the variables so that they can then continue preparing the data for analysis (sampling, cleaning, classification). The search for patterns in sets of information. Data visualization to quickly understand current results and future trends. We must highlight the great leadership of the CEO who guides us and leads us to the right path to obtain results.
This step consists of collecting KPIS from Latin American countries in this way and in this first stage the “GEOGRAPHIC INFORMATION SYSTEMS” software intervenes, where previously we have already delimited the countries and exposed in a layer which of course is geopositioned, to this layer where each polygon corresponds to a country, attributes are generated which are the result of the KPIS surveyed, for example = Attribute that indicates the Gross Domestic Product Per Capita, another that indicates the Transparency Index, another the corruption index or ranking and thus the list goes on. This process is required so that later, through a mathematical model, we can establish the category of the analyzed country.
Below through an interactive table you can appreciate the Countries and their KPIS established as attributes
We already have the indices for each country, what we do at this stage is study those countries called emerging by international organizations, based on this we categorize them as emerging and assign them an indicator number that goes from 0 to 1.99, then we do the The same with those horizon countries and finally with those countries that do not qualify in either of the two categories. In other words, our internal rating is set as follows =
1-Emerging (are those countries whose aptitudes and conditions are good for investment)
2-Horizon (are those countries whose short-term future skills and conditions are established as good in the future)
3-Not qualified those that do not fall into any of the previous categories
Now it is time to establish the category of the countries that we need to know their category. For this, we carry out a mathematical model which consists of a multiple linear regression where we use countries already categorized and with their variables already processed (KPIS) to determine through the KPIS of the country under study, its categorization. Keep in mind that it is a summary of the model since several programming lines are involved that help determine the best RL model by correlation and other factors.
At this stage we have used the RSTUDIO software
At this point we carry out a more global study of the country in reference to the real estate sector, for example we are working on a country where tourism is one of the main markets, undoubtedly this directly affects the real estate market, therefore the income of foreign currency to the country will be studied by said economic activity, arrival airports, number of passengers, mortgage credit system, access to the credit system for both locals and foreigners, credit interest rates, investment for the construction of tourist infrastructure, busiest tourist sectors, etc. What this stage does is give us macro data on the real estate situation of the sector, in this case tourism being the main economic activity for income in the country, so we must direct our market study to that sector, it may also be the case that the activity is another such as gas or oil, which implies a different demand in the real estate field and direct the study to that demand
With the previous step and already established the real estate market to which we should aim our study, we begin with the survey and processing of data, the data sources are varied and arise from different sectors, real estate portals, real estate, appraisals, purchase and sale operations, For this reason, our process is carried out manually where the origin of each sample is studied, in this way we make sure of the accuracy and veracity of the sample, we clarify that we do not use WEB SCRAPING, so our data is more accurate even if it takes time. much more when doing it this way but that way we make sure of the quality of the data
In this process we geoposition each surveyed sample and add a series of attributes, such as a photograph of the sample. We will share an extract from our land value database in Argentina.
Once the real estate project folder is received, it is submitted to study, from different aspects =
1-Financial, legal and credit status of the project, deadlines, documentation relevant to the company to the project, construction permits, approvals, etc.
2-Analysis of the real estate sector where the project is established, that is, analyze the market that competes directly with the project and see its sales values versus market values, positioning of the project in the market and all the relevant factors of the project on the market .
4-With the previous studies, a report is produced where it is established if the project is economically viable or not.
In this last stage the user will be able to see the set of reports which will give him an excellent panorama, starting with data from the region, data from the country and its categorization, economic study of the sector where the investment will be established, market study and conclusion. the viability of the investment.
These reports will contain interactive maps, graphs, mathematical models, market comparison methodologies, indicators, legends that briefly explain what is stated in a concise manner.