The Larum Index · How we measure whether a property is properly presented
Larum Studio · Methodology · 2026

How we measure whether a property is properly presented

100Points
24Criteria
4Blocks
4Levels

A fully published, objective audit system. So that anyone can verify it.

Reference villa analysed with the Larum Index, 92 out of 100 points, Zone reference
One property analyzed · 92/100 · Area benchmark
Infinity pool of a premium property analysed with the Larum Index at sunset
The photo decides the visit. Curb appeal · light · composition · value for money. The four elements that register in the first three seconds.
I

A listing is debated in terms of taste. And taste cannot be defended.

Minimalist interior of a reference property analysed by Larum Studio

The Larum Index turns the conversation into 24 criteria with defined levels.

49 of the 100 points are checked directly by looking at the listing. 25 are verified using a published guide. 26 require professional judgement.

It does not measure beauty. It measures presence, completeness, coherence and reach. And it does so in a way that the same property, audited by two different people, produces the same result.

II

The anatomy of the index. One hundred points distributed with precision.

POINTS 100 A B C D 30 25 25 20

Four blocks. Twenty-four criteria. One single audit.

A · Impact measures what happens in the first three seconds: cover image, light, composition and coherence with the price.

B · Narrative assesses whether the gallery tells a journey or is just a loose archive.

C · Information and trust verifies what allows a buyer to move forward without calling.

D · Reach and control measures language, consistency across portals, and materials.

A · Impact · 30 pts
B · Narrative · 25 pts
C · Information · 25 pts
D · Reach · 20 pts
A Block
Impact
30pts
What happens in the first three seconds. The cover image, its light, its composition and its coherence with the price.
B Block
Narrative
25pts
Whether the gallery builds a journey or is just an archive. Volume, order, coverage and consistency.
C Block
Information and trust
25pts
What allows a buyer to move forward without calling. Text, floorplan, tour, technical data and identified agent.
D Block
Reach and control
20pts
Language, duplication across agencies and data consistency across portals.
4
Each criterion is scored on four levels: absent, insufficient, correct and optimal. The exact values depend on the weight of the criterion and are published one by one below. There are no intermediate scores.
Geometric shadows on a concrete wall in a property analysed by Larum Studio
Criterion A1 · 8 points

The cover image is worth eight points out of one hundred.

The image that opens the listing is the only one every user sees. It is also the only one that decides whether someone clicks.

A corridor or a garage scores zero. A flat façade scores three. An angle showing a view, scale or the main living space scores eight.

The first impression cannot be edited afterwards.

Hallway of a property that scores critical level in the Larum Index
III

The 24 criteria, one by one. Nothing hidden.

A
Impact
30 points

What happens in the first three seconds. The photo that opens the listing, its light, its composition, its coherence with the price. And the cleanliness of what it shows.

A1
Cover subject
Professional judgement
8 pts
0
Corridor, garage, floorplan, isolated detail, or irrelevant image.
3
Flat front façade or secondary room: identifies the property but does not communicate its value.
6
Strong architectural or interior element that communicates value, but not the most powerful angle available.
8
The most powerful available angle: view, pool, exterior, or main living space with scale.
A2
Cover light and exposure
Verifiable with guide
6 pts
0
Blown highlights or underexposed shadows; mixed colour casts.
2
Flat or dull exposure; incorrect white balance.
4
Correct exposure, no blown highlights, neutral cast.
6
Preserved highlights, detailed shadows, and a warm, coherent balance across the entire image.
A3
Composition and verticals
Verifiable with guide
5 pts
0
Clearly tilted verticals, crooked horizon, or visible wide-angle distortion.
2
Acceptable verticals but framing without hierarchy; important elements cut off.
4
Corrected verticals and clean framing.
6
Corrected verticals and composition with hierarchy: main subject and leading lines.
A4
Scene cleanliness
Verifiable with guide
4 pts
0
Cars, bins, cables, people or pets; invasive watermark.
2
One or two minor distracting elements.
4
Clean scene with some improvable detail.
5
Fully clean scene, no visual contaminants or reflections.
A5
Cover-to-price coherence
Professional judgement
4 pts
0
The cover does not support the asking price: additional explanation would be needed.
2
Correct, but indistinguishable from a lower-segment listing.
4
Supports the asking price.
4
Supports the asking price and justifies it on its own.
A6
Format and dimensions
Automatic
3 pts
0
Inconsistent portrait/landscape format across images.
1
Mixed formats and disparate dimensions without criteria.
2
Majority coherent format, with some outliers.
3
All images with the same format and dimensions optimised for web.
Terrace of a property with a gallery that tells a narrative journey analysed by Larum Studio
Block B · 25 points

The gallery tells a journey, it is not an archive.

Between 22 and 35 images is the range where properties show what they are. Below that, something is missing. Above it, they become saturated.

Order matters as much as quantity: arrival, scale, living spaces, privacy, setting. If the sequence starts with a bathroom, the property loses the thread before it even begins.

B
Narrative
25 points
B1
Image count
Automatic
5 pts
0
Fewer than 10 images.
2
Between 10 and 15.
4
Between 16 and 21, or more than 40.
5
Between 22 and 35.
B2
Sequence order
Professional judgement
7 pts
0
Random order: bathrooms, garages or details before main rooms.
3
Good start but loses the thread; interiors and exteriors mixed without logic.
5
Recognisable journey with occasional jumps.
7
Arrival, scale, living spaces, privacy areas, setting — in that order.
B3
Room coverage
Verifiable with guide
4 pts
0
Main rooms missing or no exterior images at all.
2
A relevant room or the views are missing.
3
Full coverage with a minor gap.
4
All relevant rooms, exterior, views, and — if applicable — plot.
B4
Editing consistency
Verifiable with guide
4 pts
0
Each image with different colour, contrast or balance; obvious mix of phone and camera.
2
Two or three images clearly out of tone.
3
Consistent series with minor variations.
4
Uniform treatment across the entire series.
B5
Video
Automatic
3 pts
0
None.
2
Slideshow with music, or video under 20 seconds.
4
Walkthrough without narrative.
5
Walkthrough with narrative: intentional sequence, rhythm, and close.
B6
Drone or aerial video
Automatic
2 pts
0
None.
1
Low-quality or unstable drone footage.
2
Drone footage in normal conditions, without notable editing.
3
Edited drone footage with visual narrative, showing the property’s context.
C
Information and trust
25 points

What allows a buyer to move forward without calling. The text, the floorplan, the tour, the technical data and the identified agent. Five ways to replace the phone call with a decision.

C1
Text length and structure
Automatic
6 pts
0
Under 400 characters, all-caps or heavy use of abbreviations.
2
Between 400 and 800 characters, single unstructured block.
4
Between 800 and 1,200 characters with some structure.
6
Between 1,200 and 2,500 characters with hierarchy: opening, body, setting, and close.
C2
Text narrative quality
Professional judgement
6 pts
0
Feature checklist.
2
Functional description with generic adjectives.
4
Describes use and setting.
6
Location, use, light, lifestyle, and value argument.
C3
Floorplan
Automatic
4 pts
0
None.
2
Unreadable or without dimensions.
3
Readable without dimensions.
4
Dimensioned and readable, or 3D floorplan.
C4
Virtual tour
Automatic
3 pts
0
None.
1
Partial or low-resolution tour.
2
Full tour.
3
Full navigable tour with location plan.
C5
Technical data
Automatic
3 pts
0
Net area, year built, orientation and energy certificate all missing.
1
Half of those fields missing.
2
Complete except one field.
3
Complete and internally consistent.
C6
Trust signals
Automatic
3 pts
0
No agent identified.
1
Agency name only.
2
Agent with name.
3
Agent with name, photo, and direct contact.
D
Reach and control
20 points
D1
English version
Automatic
5 pts
0
None.
2
Evident machine translation.
4
Correct but literal translation.
5
Adapted commercial version, not a translation.
D2
Agency duplication
Cross-check
4 pts
0
Four or more agencies list the property with different photos, text or prices.
2
Two or three agencies with inconsistent material.
4
Multiple agencies with homogeneous material.
6
Single, controlled listing.
D3
Cross-portal data consistency
Cross-check
4 pts
0
Price or area differs across portals.
2
Price matches but photos or description differ.
3
Consistent with minor differences.
4
Identical across all portals.
D4
Property’s own page
Automatic
3 pts
0
Portal listing only.
1
Page within the agency’s own property listings.
2
Dedicated standalone page.
3
Microsite with its own domain.
D5
Downloadable materials
Automatic
2 pts
0
None.
1
Basic PDF summary.
2
Downloadable editorial brochure.
D6
Analytics and tracking
Automatic
2 pts
0
No analytics or conversion tracking.
1
Views only, no events or funnel.
2
Basic funnel of visits and leads.
3
Full funnel with attribution by portal and traffic source.
Methodology

74% does not depend on taste.

TypeCriteriaPointsWhat it means
Automatic1549Checked by looking at the listing. Not open to discussion.
Verifiable with guide525Require observation, but the guide is published above.
Professional judgement426Depend on judgement: A1, A5, B2 and C2. Always scored by the same person.
A real estate listing is not judged by what it shows, but by what it allows you to imagine. And that is what the Larum Index measures. — Editorial note
IV

What the Larum Index is not.

1. It is not a property valuation or a price recommendation.

2. It is not a comparative market analysis (CMA).

Comparative market analysis

What price should it list at?

It works with prices, square metres and comparables. It supports an asking figure using data from the agency’s own inventory or CRM.

  • Support the asking price
  • See how it is being communicated
  • Detect duplicated material
  • Audit the visual journey
vs
Larum Index

Can the market see what it’s worth?

It works on public listings. It measures whether the property is being communicated in a way that supports its published price.

  • Recommend an asking price
  • Support the execution of the listing
  • Detect duplicated material
  • Audit the visual journey
A comparative market analysis says how much the property is worth. The Larum Index says whether the market can see it.

3. It does not measure the quality of the property, but the quality of its presentation. An excellent house that is poorly presented scores low — and that is precisely what the Index detects.

V

The five-band reading scale.

A property is not scored as “good” or “bad”. It falls into one of five bands. And each band implies a different action.

85
– 100
Area benchmark
Sets the standard; everything else is compared to it. Properties in this band sell faster and at a better price than their area average.
70
– 84
Solid
Well presented, with room for fine-tuning. The property competes in its segment with no obvious weaknesses.
55
– 69
Correct but indistinguishable
It makes no mistakes. It doesn’t stand out either. This is the most common band for properties over one million euros.
35
– 54
Compromised
The presentation works against the asking price. Without intervention, time on market lengthens and price adjustments come sooner.
0
– 34
Critical
The listing discourages a visit. The first impression is so weak that many enquiries are lost before the first phone call.

How listings over one million euros are distributed

Percentage distribution of 187 real properties analysed in premium areas. Most fall into the middle band.

  • 85–100
    4%
  • 70–84
    11%
  • 55–69
    48%
  • 35–54
    28%
  • 0–34
    9%
Abstract radar infographic with 24 points representing the Larum Index criteria
Brass doorknob on a wooden door in a property analysed by Larum Studio
How objectivity is guaranteed

The same listing, the same result.

Scoring is carried out on the public listing at the time of review, always in the same order: first the cover image in isolation, then the full gallery without going back, then the text, and finally the technical data.

A criterion’s score is not revised once the next one has been scored. The four professional-judgement criteria are always scored by the same person.

Consistency check

A control is applied in every area study: a random 20% sample of properties is re-scored, without checking previous notes, two days later. A maximum deviation of six points in the total and one level in any individual criterion is accepted.
VI

Three ways to apply it.

01
One property
To find out where a specific listing stands relative to its competitors in the same area and price range.
02
One area
To understand the real presentation standard of a market, through a full audit of active properties.
03
One portfolio
To help an agency prioritise where to start, identifying which listings have the most immediate room for improvement.
Designer kitchen in a property analysed with the Larum Index

Frequently asked questions

What is the Larum Index?

The Larum Index is an objective audit system with 24 criteria, 4 levels and 100 points to measure whether a property is properly presented in a real estate listing. It is published in full so that anyone can verify it.

How many criteria does the Larum Index have and how are the 100 points distributed?

24 criteria across 4 blocks: A Impact (5 criteria, 30 pts), B Narrative (5 criteria, 25 pts), C Information and trust (6 criteria, 25 pts), D Reach and control (5 criteria, 20 pts). Total: 100 points.

How is each criterion scored?

On four levels: absent (0 points), insufficient, correct and optimal. The exact values depend on the weight of the criterion. There are no intermediate scores.

What part of the score is objective?

74% (49 points) are automatic and verifiable. 21% (25 points) require observation with a published guide. Only 26% (4 professional-judgement criteria) depend on expert judgement, always scored by the same person.

How is it different from a comparative market analysis?

A comparative market analysis (CMA) says how much a property is worth. The Larum Index says whether the market can see it. It measures presentation, not price.

Next step

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