Real Estate Valuation System
The system predicts the prices of apartments and when they will be sold. The algorithm analyzes the average apartment price on the market and shows it to the user. The user can choose the recommended or any other price, and the system will recalculate the time of sale. The higher the price, the more time the deal will take.
We integrated the system into a real estate portal. As a result, the churn of the portal users decreased. The prediction error of the system is within 4%.
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