Market Comparative Method Research Of Real Estate Appraisal

After the research of Market Comparative Method basic principle Since the Market Comparative Method base on the similar real estate selling prices which decided by market condition and its through the comparison between the actual real estate transaction examples, its confidence level is high. Simultaneously under steady market it can give dual attention to the both sides'behavior characteristics. For transaction which selected are actually occurred in the market. So this appraisal method has the very strong persuasive power to both sides of the transaction.The tradition way of comparable examples seeking isThe real estate which transacted recently in the same region. But such example is very few or the quantity does not answer the purpose. In view of this question, some people already proposedThat we can seek the examples form the region which does not approach to the appraisal object, but nobody proposed how to seek positions which these existence.In order to solve this problem, we have carried on the development to Substitution Principle and apply Cluster Analysis into classify real estate group, SPSS soft ware will also be employed.Substitution Principle takes the Market Comparative Method's foundation which showed in the real estate market is that, the real estate which have similar material object, rights and position will also have the close price. Simultaneously the real estates which have similar price and the price changes tendency should have the similar material object, rights and position also If we expands the Substitution Principle to a larger scope it should show us that, if a real estate group have close price and the price changes tendency to another one, the real estates which it contains can be compare with the that real estate group .Base on this principle, we classify real estate group that employ Real estate price and real estate index as classify index, thus guides us to choose the comparable actual transaction case.The appraisal object's price can be obtains through compare with the transacted real estates which have the similar close material object, rights and position. But they have different similar degree. calculate simple mean value after carries on the adjustment to their prices certainly cannot manifest they importance to the appraisal object. Although weighting arithmetic mean value method had already be proposed. But nobody had carry out the way to calculate the weight of transacted examples. In actual operations appraiser always determine the weight by experience which exists subjectively at will.In this paper we will employ Analytic Hierarchy Process to union analysis principle and quantitative analysis principle. then determined actual transaction case authority proportion in order to enhance its persuasive power and reduce the suspect.