TAILIEUCHUNG - Transparency in the German real estate market – Results and problems, chances and new developments

According to the German law, independent and self-employed land valuation boards support the transparency in the real estate market. The idea is that all transactions in the schedule of purchase prices are recorded and collected in the Digital Purchase Price Collection. The database are published and will be used for generalize price contour maps and for property market reports. | Transparency in the German real estate market -Results and problems chances and new developments . Carla SEIDEL Germany Key words Land valuation boards digital purchase price collection standard land prices valuation GIS land taxation location analysis geo-risk areas ABSTRACT According to the German law independent and self-employed land valuation boards support the transparency in the real estate market. The idea is that all transactions in the schedule of purchase prices are recorded and collected in the Digital Purchase Price Collection. The database are published and will be used for generalize price contour maps and for property market reports. In our time of electronic databases and the World Wide Web the way of registration collection evaluation and output of the database has changed from analogue to digital. Some of the land valuation boards already offer their information in the Internet. The land valuation board in Berlin was the first one in Germany that installed an Internet presentation. Although other firms present a geoportal for collecting information in the Internet as well the information provided by the land valuation boards are more broaden and therefore improve the daily work for real estate valuation substantially. The Digital Purchase Price Collection is like a Geographic Information System GIS for the property market. It will be used by the public and the private sector. Currently the German government discusses how the price contour maps can be used for land taxation. Besides of that the Digital Purchase Price Collection serves as a very good instrument for location analyses . for companies and for price developments in global risk areas areas affected by Hurricanes or flood . Carla Seidel Transparency in the German real estate market 1 8 FIG Commission 9 CIREA and HKIS Symposium - Property Valuers Fronting the Triple Bottom Lines of Economic Environment and Social Conflicts Xian China P. R. 16-20 October 2005 1. INTRODUCTION In

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