Functional requirements of Online Real Estate Evaluation System with non-functional
Projects Inventory
Functional Requirements
User Management
Registration and Login: Allow users (property owners, buyers, real estate agents, and administrators) to register, log in, and manage their profiles.
Profile Management: Enable users to update personal details, contact information, and preferences.
Property Listing and Management
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Property Listings: Allow users to list properties for evaluation, including details such as address, type, size, and features.
Property Updates: Enable users to update or remove property listings as needed.
Property Evaluation
Automated Valuation Models (AVMs): Provide automated valuation tools that use algorithms and data to estimate property values.
Comparable Sales Analysis: Offer tools to compare the property with similar properties recently sold in the area.
Market Trends Analysis: Include features to analyze market trends and forecasts to aid in property valuation.
Data Integration and Sources
Real Estate Data: Integrate with databases and external sources for comprehensive data, including property sales, market trends, and neighborhood information.
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Public Records: Access public records for historical property data, ownership history, and legal information.
Search and Filter
Search Functionality: Allow users to search for properties based on various criteria such as location, price range, type, and features.
Advanced Filters: Provide advanced filtering options to refine search results and evaluation criteria.
Reports and Analytics
Valuation Reports: Generate detailed property valuation reports, including estimated value, comparable properties, and market analysis.
Market Insights: Provide insights into market conditions, price trends, and investment potential.
User Interaction and Communication
Contact Forms: Allow users to contact property owners or agents through forms or messaging systems.
Notification System: Notify users about updates, valuation results, and important changes.
Integration with External Services
MLS Integration: Integrate with Multiple Listing Services (MLS) for access to property listings and market data.
Real Estate Platforms: Connect with other real estate platforms and tools for enhanced functionality and data exchange.
Admin Panel
Dashboard: Provide administrators with a dashboard to manage users, property listings, and system settings.
Reporting Tools: Enable administrators to generate reports on system usage, property evaluations, and user activity.
Security and Compliance
Data Protection: Ensure the security of user data and property information through encryption and secure access controls.
Compliance: Adhere to relevant regulations and standards related to real estate data and user privacy.
Non-Functional Requirements
Performance
Speed: Ensure fast response times for searching, evaluating properties, and generating reports.
Scalability: Design the system to handle increasing numbers of users, properties, and data efficiently.
Reliability
Availability: Ensure high availability with minimal downtime for users to access the system and perform evaluations.
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Error Handling: Implement robust error handling to manage issues and maintain system stability.
Security
Data Protection: Use encryption and secure protocols to protect sensitive user and property data.
Authentication and Authorization: Implement strong authentication methods and role-based access control to safeguard user accounts and data.
Usability
User Interface: Design an intuitive and user-friendly interface for easy navigation and interaction with property evaluations and reports.
Accessibility: Ensure the system is accessible to users with disabilities and supports various devices and browsers.
Maintainability
Code Quality: Develop clean, modular, and well-documented code to facilitate future maintenance and updates.
Documentation: Provide comprehensive documentation for users, real estate agents, and administrators.
Compliance
Regulatory Standards: Ensure compliance with relevant real estate regulations, data protection laws (e.g., GDPR), and industry standards.
Data Privacy: Adhere to data privacy laws to protect user and property information.
Interoperability
Integration Compatibility: Ensure compatibility with other real estate tools, databases, and services for seamless data exchange and functionality.
Backup and Recovery
Data Backup: Implement regular backups to prevent data loss and ensure data integrity.
Disaster Recovery: Develop a disaster recovery plan to restore operations in case of major disruptions.