Ina Viebrok-Hörmann Bremerhaven Accessibility of Real Estate Data in Germany Baltic Valuation Conference 2013 Reykjavik, Iceland.

Ina Viebrok-Hörmann • Bremerhaven • www.sv-hoermann.de 1

Accessibility of Real Estate Data in Germany

Baltic Valuation Conference 2013Reykjavik, Iceland




● Introduction ● Property Information ● Information non-available

• Introduction• Property Information

• Official Information• Commercial Information

• Information non-available


Introduction



• privacy protection highly estimated in Germany

• admittance to any kind of personal data restricted to authorized persons / institutions

• report refers to accessibility for free lancer valuers


Property Information



• information available from• official sources and • commercial providers

• compiled data mostly without detailed information on sources, periods of data collection, statistical methods


Property Information – official sources: local administration



cadastral data

planning law

statistical data (inhabitants, eco-nomy, taxes etc.)

improvement contribution

conta-mination

natural environment information

public easement

local admini-stration (building department etc.)


Property Information – local administration




Property Information – committee of experts



• collect information on transactions• analyse real estate market and publish

reports with• prices of lots (housing, agriculture etc.)• average prices of buildings, divided in

segments (private housing tached/ detached, retail and office buildings, apartment houses, condominions etc.)

• interest rates, yields, correction factors









567

888

999

date of purchase address

price

year of constructio

n

total return

square metres

price per m²

type of building

170 €





105 €


Property Information – official information from title registers



22

E. B. , geb. 24. 12. 1940

T. G. , geb. 31. 1. 1970

2228

2228


Property Information – official information



• data collected and published by tenant and house owners associations and administrations

• varying quality • actualisation

often not regularly


Property Information – commercial information



• nationally and internationally acting • brokers, • commercial research agencies, • counselling and service agencies,• financial institutions,• internet portals

• regional actors like business development agencies from local administrations





• limited to main real estate sectors (retail, commercial buildings, apartment buildings) and big location

• information up-to-date • information partly accessible for free• detailed information rather expensive

only viable for big players, institutional appraisers and investors









• no detailed information on • sources • quality of data• methods of statistical analysis

• no information for areas of less interest for investors





• free information mostly • diagrams• summaries

• no specific information useful for a single object





DIXGerman

Real Estate Index


Information non-available



• internal data (e. g. of financial institutions) • detailed information on objects used for

statistical analysis• standard of facilities and construction• modernisation

• commercial data in areas off interest for investors


Thank you for your attention

and also have a look at our websitewww.baltic-valuation-conference.org



Ina Viebrok-HörmannSachverständigenbüro Hörmann

Mörkenstraße 18D 27572 [email protected]