Mass Valuation and Sales Price Register in the Republic of Serbia
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1 REPUBLIC OF SERBIA REPUBLIC GEODETIC AUTHORITY Mass Valuation and Sales Price Register in the Republic of Serbia Department for Mass Valuation Head of Department: Marija Raskovic Soest,
2 MASS VALUATION - LONG TERM GOAL Developed and implemented optimal system of mass valuation in accordance with international standards and practice which makes real estate market transparent and provides market values for property of all right owners on real estate for different needs of state administration and other.
3 CONCEPT OF MASS VALUATION SYSTEM OF MASS VALUATION DATA COLLECTION DATA PROCESSING DEFINING MODELS VALUES CALCULATION Sales Pice Register + 1 REC, AR, Questioners Verification Market Analysis Value levels Value zones Mathematic formulas Calculation 2 Real Estate Cadastre VALUE PROFESSIONAL ACCES PUBLIC ACCES
4 MASS VALUATION CHRONOLOGY CAPACITY BUILDING Capacity building in RGA Working group for valuation pilot project Training SIDA Project I Lantmateriet Jurisdiction for mass valuation defined by law Postponed application 2010 Continue of capacity building in RGA Working group for valuation pilot project of a larger scope Training SIDA Project II Lantmateriet
5 MASS VALUATION CHRONOLOGY STARTING WITH WORK Starting date of jurisdiction 1 st of January 2011 Department formed 2012 Creation of the first draft of Rule book on mass valuation (June) Software solution for Sales Price Register developed (November) 2013 Second half Beginning of development of SPR organization Provision of continuous supply of contracts
6 MASS VALUATION CHRONOLOGY CURRENT STATE AND PLANS Sales Price Register - registration for whole country (January) Quarterly market (volume) reports (January) Public Access, Reports for professionals, Questionnaire introduc Sales Price Register internet app for notaries (and valuers) Market reports with price statistics Beginning of WB project further development of MVS 2016 Professional Access to data with graphics and cadastre data System for market data verification and analysis
7 SALES PRICE REGISTER REAL ESTATE RENTS SALES MARKET PRESENTS CADASTRE web service NATIONAL BANK web service Municipalities Parcels, Area, Usage Dinar exchange rate CENTRAL ADRESS REGISTER Street and house numbers SALES PRICE REGISTER Public access SALES PRICE REGISTER Central Data base Digital contract storage SALES PRICE REGISTER Market data analysis
8 SALES PRICE REGISTER FUNCTIONALITIES 1. Data entry contract, additional data, scan., annexes, overview 2. Monitoring and control delivery, performance, promptness 3. Maintenance accounts, codes, notice, scan storage, archive 4. Market reports Registration, transaction type, market, real estates 5. Data export 6. Data issuing Reports for professionals
9 SALES PRICE REGISTER
10 SALES PRICE REGISTER ORGANIZATION Local cadastre office 1 Local cadastre office 2 Local cadastre office LOCAL CADASTRE OFFICERS part time for Sales Price Register CENTRAL DEPARTMENT for mass valuation 5 officers
11 MASS VALUATION CHRONOLOGY CURRENT STATE AND PLANS Sales Price Register - registration for whole country (January) Quarterly market (volume) reports (January) Public Access, Reports for professionals, Questionnaire introduc Sales Price Register internet app for notaries (and valuers) Market reports with price statistics Beginning of WB project further development of MVS 2016 Professional Access to data with graphics and cadastre data System for market data verification and analysis
12 GERMAN SUPPORT DONATIONS in land management GIZ (GTZ) Working with municipalities Supporting Republic Geodetic Authority Valuation project Education, experience exchange Presentation of new services
13 REAL ESTATE MARKET TRANSPARENCY PUBLIC ACCESS TO MARKET DATA
14 ADDITIONAL INFORMATION Page with price register and evaluation: Public access to data from the market: Contact unit:
15 Thank you for your attention!
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