Research On Adjustment Coefficient Of Real Estate Conditions In The Residential Housing Stock Transaction

In the housing stock trading process, to avoid the phenomena such as making twodifferent contacts for two parties and evading taxes etc. in the housing stock in the transactionprocess, the government begins to promote the application of real estate assessment techniquesto strengthen the tax collection of the housing stock trading.The mass appraisal of housing stock employs an indirect method of market comparisonapproach. The key factors are the selection of the appropriate comparable examples, theamendment between the comparable examples and the appraisal objects and the calculation ofa comparable price. The amendment between the comparable examples and the appraisalobjects includes the amendment of transactions, adjustment of market and real estateconditions. Thus, due to the complexity and variety of the real estate conditions, how to selectand adjust comparable examples, which have a great influence on the accuracy of theappraisal result, becomes the most difficult and critical thing in the adjustment of the realestate market. Therefore, this article selects the adjustment of real estate conditions as theresearch focusThis article tries to dig out all the related factors that need to be adjusted in the massappraisal process of housing stock trading price through reviewing all the related literaturesboth in and abroad, indirectly comparing the hidden factors of real estate together with thetypes of standard housing stock. The common methods to determine the adjustment coefficientof real estate are expert consultation methods and mathematics method. The former methodincludes traditional consultation method and Delphi method while the latter one can be divided into AHP and method of trading data. By comparative analysis, the research finds that themost appropriate method to determine the adjustment coefficient is to employ methods oftrading data and Delphi qualitatively and quantitatively on the condition that there is an ampletransaction data in the mass appraisal of housing stock trading price. Furthermore, the articleintroduces the specific technique process of the above two methods in detail separately. Finally,the research chooses the house stock of non-elevator multilayer in Xigong district, LuoyangCity, Henan Province as the empirical research object to determine the adjustment coefficientof real estate conditions. Both methods prove to be practical and scientifical which are of greatsignificance and practical value in changing the long-existed inaccurate appraisal caused bysubjective factors.