Sharing references: the power of Brainbay (NVM)

To determine the value of real estate, it is crucial to have reliable and up-to-date data. Modern technologies are a very suitable support for this. A platform such as the NVM platform “Brainbay” is now a well-known example that helps to simplify the sharing of references. We explain how Brainbay supports the appraiser in the appraisal process.

The complexity of real estate

KATE Innovations plays a central role in the real estate market. Over the past two years, we have performed over 6,000 valuations of commercial real estate using KATE valuation software. Together with working groups from various trade associations, we look every day at how we can improve the KATE platform in order to accelerate the valuation process. Brainbay mainly helps with finding references that are immediately available in the KATE valuation software, and thus in the final report.

Sharing knowledge

We all know it: collaboration in the real estate market is very important. Sharing knowledge with partners helps to keep references up to date and to greatly expand the diversity of data. In this way, we are building a complete database with access to a large diversity of information about different real estate objects. Brainbay is an online platform that offers valuable data, analyses and insights for real estate valuations. In this way, professionals have a mountain of information at their disposal, which is of inestimable value in the valuation process.

Brainbay

Brainbay was founded by the NVM. It is a real estate database with information about homes, commercial real estate, and much more. The database is the source for all the offers on Funda and real estate websites. For example, they work with the Reference API. This generates an overview of comparable real estate objects. An NVM membership is required to use Brainbay.

All reference data in one place

The KATE Innovations valuation software links all reference data in one place. That is why we have also added a link with Brainbay to our software. As a valuer, you simply log in with your Brainbay login details and the KATE software retrieves all information from Brainbay. This gives professionals access to all current reference data and relevant reference data is linked directly to the valuation report.

In addition to the link with Brainbay, our valuation software has all kinds of other links with public sources. Think of Google, information about soil types, the Land Registry and information about crop rotation or the groundwater level. With all this information in one place, much less searching is required. This allows professionals to focus on the most valuable parts of a valuation report. We provide the reference data, professionals take care of the rest with their knowledge and expertise. Together we are building a future-proof real estate market.