Producing standard rules for smart real estate property buying decisions based on web scraping technology and machine learning techniques

Abstract

Purchasing of real estate property is a stressful and time-consuming activity, regardless of the individual in question is a buyer or seller. The act is also a major financial decision which can lead to numerous consequences if taken hastily. Therefore, it is encouraged that a person should properly invest their time and money in research relating to price demands, property type and location, etc. It can be a difficult task to assess what real estate property can be considered as the best property to buy. The key idea of the current research study is to create a set of standard rules, which should be embraced to make a smart decision of buying real estate property, based on web scraping technology and machine learning techniques.