Availability of the Real Estate Information in Poland
Availability of the Real Estate Information in Poland

Author(s): Izabela RACKA
Subject(s): Economy, National Economy
Published by: Икономически университет - Варна
Keywords: Information; Quality; Real Estate Market; Transaction Prices
Summary/Abstract: The real estate market does not lack imperfections, which is reflected,among others, in the unavailability of full information about demand, supply, prices and features of real estate. This paper aims to identify problems connected with data acquisition and suggests ways to resolve them. For this purpose literature research, as well as analysis of transactional, offer and cadastral data have been conducted. Characteristics of the real estate market and the source of data have been indicated and a method of market research has been proposed. The author characterises the steps which should be taken to improve the availability of information and thus reduce differences between transaction prices and the value, as well as minimise the risk of investing in real estate. To solve the problem a complex database should be set up.

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