Officialization of artificial intelligence for accurate and transparent real estate pricing in Türkiye
Artificial intelligence is officially priced in Türkiye for accurate and transparent pricing.
With the need for accuracy, transparency and speed to determine the value of the real estate market, Türkiye is seriously investigating the formal use of artificial intelligence in the real estate pricing process. This transformation is part of the government's path to digitizing real estate services and facilitating administrative and investment processes.
According to recent reports, machine learning algorithms and artificial neural networks (ANN) have been able to predict the price of the real estate in cities such as Ankara with high accuracy. This promising achievement is the ability to replace traditional real estate evaluation methods with smart digital tools.
Currently, official real estate pricing for uses such as transfer of ownership or citizenship request, only licensed by evaluatorsTurkish Capital Market Board (SPK)It is done. But organizations likeGeneral Registrar and Cadastre (TKGM)AndReal Estate Information Center (Gabim)They are reviewing new rules that can make the use of artificial intelligence in formal legal evaluations.
The private sector has also begun to implement artificial intelligence models on property platforms. These systems provide more accurate pricing than traditional methods by analyzing large data (BIG DATA) and advanced algorithms.
With the formal use of these technologies, one can expectReducing evaluation costs, increasing the speed of real estate, and reducing legal disputesIt was due to unfair pricing. It will also help attract more foreign investors and facilitate citizenship process through real estate investment.
