...An anonymous person once said, “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with responsible care, it is the safest investment in the world”. Real estate is a very competitive business, and at the start of the research paper all I knew about the business was realtors buy and sell houses. In reality they do so much more, from buying and selling houses to acting as a mediator between negotiations. What I wanted to learn from this research was how realtors get into the business and how to do the job successfully. The first place that I looked for information about my career was the MS Choices website. Next, I searched the occupational outlook Handbook website. Finally,...
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...TRAINING REPORT ON “Growth of Real Estate Sector with in 5years” A case of Corporate Real Estate Solutions Submitted to MAHARSHI DAYANAD UNIVERSITY, ROHTAK In partial fulfillment of the requirements For the award of the degree of MASTER OF BUSINESS ADMINISTRATION (INDUSTRY INTEGRATED) (II SEMESTER) Submitted by: Name: Alok Kumar Upadhayay Regn. No. Roll.No. DAV INSTITUTE OF MANAGEMENT (ELC CODE: 080923013) NH-3, NIT, FARIDABAD. JULY 2011 DECLARATION I hereby declare that the Training Report conducted at Corporate Real Estate Solutions,Delhi. Under the guidance of (Ms. Aakrity) Submitted in Partial fulfillment of the requirements for the Degree of MASTER OF BUSINESS ADMINISTRATION (Industry Integrated) TO MAHARSHI DAYANAND UNIVERSITY, ROHTAK is my original work and the same has not been submitted for the award of any other Degree /diploma /fellowship or other similar titles or prizes. Place: Date: Alok Kumar Upadhayay Regn.No: Roll No. 2 ACKNOWLEDGEMENT First and foremost, I extend my deepest thanks to my mentor and guide Mr. Vishal Srivastava, Director – Corporate Real Estate Solutions, for giving me this opportunity to work in such a prestigious organization as well as for giving me a wonderful thesis. Without his constant guidance and feedback, I would have never been able to complete the training, I did. I am thankful to Ms. Aakrity, whose consistent support and cooperation showed the way towards the successful completion of the thesis...
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...Yusong Zhu 2725450 Research Paper Memo 03/01/2015 My final research paper will be focusing on the impact of new technology on real estate. Technology has been a trending topic in all fields for decades, and I believe it also has a great influence on the real estate. * There is a battle raging in this information age: A standoff between professionals and their potential clients: Attorneys, doctors and realtors are fighting a new wave of information dissemination and peer-to-peer advice. * Tech is always sites as a bright spot in the United States economy: Hardware, software, mobile technologies, and social media, bio-tech, and e-commerce are all key new technologies booming indicators. Six of the top ten metros in the top office demand markets since 2010 are certainly quality as markets that have a strong tech component driving much of the growth. * Analyzing the relationship between some new technologies and real estate： Many may not believe there’s tight connection, the real estate industry is actually one of the most tech savvy industries around today. * Examples: The real estate profession is undergoing similar growing pains, a process in which consumers are redefining what they want and need out of an agent. Driverless cars: implications for the economy and the commercial real estate in the future 1. Market ready overview 2. Parking paradigm shift 3. Population shift * Overall: there is still a tremendous upside in the tech...
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...Venture Concepts Paper Venture Concepts Paper Small businesses make up the majority of businesses in America today. Starting a business takes lots of careful planning. There are many things to take into consideration when starting a business. These things could include startup cost, equipment that may be needed, number of employees and many other things. A conceptual small business startup business that I would like to plan, develop and operate is a mobile notary signing agency. A notary signing agent is someone that is not only a notary public, but also is licensed and bonded to sign for real estate documents and other legal documents that regular notaries are not able to do. The startup costs for this type of business are very low, because this type of business can bet set up in a home office. First of all, I would need to first get a notary license for the State of Arizona as well as get bonded. After the notary certification has been received then the notary must take a class and pass the test to become a notary signing agent. Once this is done, the notary must become bonded at a higher amount than just a notary also they are required to purchase E & O (Errors and Omissions) insurance for themselves. Once all this is completed I am ready to start the set-up of the business. Since this is going to start off has a home based business a small office space is needed. Also, because this is a home business the only employee will...
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...Marketing Mix Paper Within this paper the reader will find the elements of the marketing mix as it pertains to Northwood Realty Services in reference to product, place, price, and promotion. In addition, the reader will find how each of the four elements of the marketing mix effects the development of Northwood Realty Services marketing strategy and tactics. The reader will find how Northwood Realty Services implements each element of the marketing mix through marketing and research strategies. Northwood Realty Services Northwood Realty Services is a real estate agency established in 1956, serving customers in Eastern Ohio and Western Pennsylvania with 35 offices and 900 agencies within the local areas of the servicing regions (LinkedIn Corporation, 2011). Northwood Reality Services commitment to their customers is to ensure that buying and selling a home is more rapid, easier and a rewarding experience without the worries of the plugging economy. Despite the economic stance Northwood Reality Services “mission has remained constant unrivaled service, never-ending respect for customers, uncompromising integrity and ethics (Northwood Realty Services 2011, par.2).” Northwood Realty Services focuses on continuance complacency with the aim of sharing the enthusiasm, safety, reassurance and personal pride of owning a home with the new homeowners based on a trusted and confidence in a real estate agency. Northwood realty services strives on the present low interest...
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...Organizational Structure and Roles | “All the world's a stage And all the men and women are merely players They have their exits and their entrances And one man in his time plays many parts” – by William Shakespeare | | | | | 06-May-12 | Contents Title 3 Executive Summary 3 Introduction 3 Roles 3 Attitudes and relationship of Attitudes with Roles 3 Organizational Structures 3 Organizational Structures Effect on Roles and Attitudes 3 Mechanistic Structure 3 Organic Structure 3 Moderate Mechanistic and Organic Structure 3 Phases of innovation, Mechanic versus Organics 3 Case study, Sunshine Real Estate 3 Sunshine Real Estate organizational design 3 Sunshine Real Estate organizational culture 3 Implications of Sunshine Real Estate’s three structural properties on employee role perception and attitudes 3 Work Specialization 3 Centralization 3 Formalization 3 Conclusion 3 References 3 APPENDIX 3 A: Organizational Structure Elements and Types of Structures 3 B:Elements Associated with Roles and Attitudes 3 C: Survey Analysis 3 Title The project attempts to explore the relationship between organizational structure, roles and attitudes under distinct corporate structural conditions. Executive Summary Organizational design in a sense is similar to the structure of bones in human body. It is a skeleton or framework upon which organizations are built and maintained. Organizations in creating organizational designs...
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...The Process of Buying a House Whitley Alexander Central High School Most people want to be the owner of their own house one day, but buying a house is not that simple. There are many processes and steps to buying a house before you can call it your own. The government and taxes play a very important role in this process. Before buying a house, you have to make comparisons about the homes that you think are best for you. The first step to buying a house is starting your research early. As soon as you can, start reading newspapers, magazines, and search on websites that have real estate listings. The next best idea is to take notes of specific homes you find interesting, and keep track of how long they stay on the market....
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...is to provide low cost mortgage services operating in the following five states: Idaho, Montana, Wyoming, North Dakota, and South Dakota. This paper will describe a marketing plan designed to help McBride Financial Services to fulfill this mission using market research, media, target markets, and Web marketing. I would recommend that the first step of this marketing plan include conducting market research. I would begin by making the necessary inquiries to find out what the other mortgage lenders for the area are doing. An example of this would be to find out what their interest rates are, what their application process involves, and what the length of time between inquiry and closing is. Once this information is obtained McBride Financial Services will be able to become competitive in the market. They can concentrate on the customer experience. Research has soon that consumers will be more likely to use a service if it is user friendly and a pleasant experience. I would recommend that the next step of the market research should be to make personal visits to the real estate agents and brokers in the area. This would allow the agents to know more about McBride Financial Services and be able to recommend them to potential home buyers. The real estate agents can also give the marketing team an idea of what is going on with the real estate market. This will allow McBride Financial Services to market certain areas that are selling while using fewer resources in areas that are not selling...
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...McBride Marketing Paper BSA 310 October 14, 2013 McBride Marketing Paper McBride Marketing overview McBride Financial offers financial services to customers in the following locations; Idaho, Montana, Wyoming, North Dakota, and South Dakota. Currently McBride Financial offers credit reports, home inspections, appraisals, and mortgages. Strong emphasis is placed on the use of modern technology to ensure the best and fastest service possible for McBride customers. Currently McBride is wanting to expand its customer base and is search of the best marketing ideas and techniques to do so. The following will outline what market research must be done. What elements of the media should be used, and how best to use them. What the target markets should be and how to recognize them. And how the internet can be utilized to farther increase the customer base Market Research One area that could prove useful to research is how other businesses’ similar to McBride are doing, and what techniques they are using if they are profitable. By analyzing how similar businesses are conducting their marketing strategies McBride could adapt some of their better ideas for themselves. McBride should also take a look at the current markets it is located in. If the states McBride is currently conducting business are some of the states that have a slow market for real estate then it may be wise to determine if McBride should stay in these states or open locations elsewhere. If the states they...
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...| Course Design Guide School of Business FIN/467 Version 3 Real Estate Investment | Copyright © 2009, 2006, 2005, 2004 by University of Phoenix. All rights reserved. Course Description This course explores the techniques of real estate investment analysis, including financing, taxes, and decision-making criteria in today's real estate investment environment. Facilitator Information Susan Didriksen sfitchca@email.phoenix.edu (University of Phoenix) sfitch@yahoo.com (Personal) 530-864-5859 (PST) Facilitator Availability I am available 7am-10pm everyday except Saturday or Sunday, Pacific time. For emergencies, when you are not able to gain access to messages on the Online Learning System (OLS), please send a message to my personal email address. In the event a third party needs to contact me, please direct them to my contact information listed under "facilitator information." No third party should use your login credentials to gain access to the classroom. If these times are not convenient for you, please let me know. I will be happy to accommodate your schedule, if possible. I provide you with these times to make it easier to communicate with me, and not to limit our contact. I want you to know that, should you need to contact me outside these time frames, you should not hesitate to do so. For emergencies, when you are not able to gain access to messages on the Online Learning System (OLS), please send a message to my personal email address. In the event a third party...
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...Janice Joplin Managerial Applications of Information Technology –MIS535 (ON) Section A DeVry University, Keller Graduate School of Management December 06, 2010 Abstract This paper focuses on the implementation of a functional web site for a real estate broker’s personal business. Upon writing this paper, my main goals were to find the most cost-effective and beneficial steps to take in order to secure a successful site for the client. My research included numerous internet articles, magazines, and web-sites with information on the steps needed to take in order to start a web site. Brief Company Background Property Planners is a Limited Liability Company owned and operated by a Licensed Real Estate Broker. The broker has been in business for herself for three years, operates the business from her home office, and has an assistant who helps her in day-to-day administrative functions. The real estate broker has worked for companies such as Century 21 and Caldwell Banker over the last five years, and has also worked in property management for rental properties throughout the Chicago land area over the last ten years. She currently gains clients through word of mouth, averages three to five closings on properties a month and five to seven home and apartment rentals a month. Discussion of Business Problem The business problem to be solved is increasing the broker’s prospective client base through the use of a functional web site in order to gain a competitive...
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...Computational Methods Real Estate Investment Industry: (project no) Authors :( 3:3:3) Application of Computational Methods Real Estate Investment Industry Abstract The paper studies the computation methods applied in real estate brokerage industry, Real estate development is a commercial activity involving taking the take the future of an area and trying to shape it needs of future generations and the ambition to make it successful merchandise in the real estate marketplace and thus it is a risky market venture. The paper, therefore, seeks to link the use explicitly of mathematical computation methods used in real estate to how they help manage sales of recently constructed assets. The cost of construction is estimated by the internal area info included in the contract records and from available gross construction cost rates. The most commonly adopted approaches are the binomial models, Black and Scholes and Monte Carol stimulation form the basis of the paper. The motivation for this project is set out more clearly and the computation study methods used in the real estate brokerage industry. Keywords Real estate, Monte Carlo simulations, interpolation, forecasting, Binomial models and Black and Scholes models Introduction Real estate business is the production plant of our cities that converts unproductive land to town space used for various activities by different people. Real estate development shapes the...
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...CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND TO THE STUDY In a published report on Business Day by Chuka Uroko (2015), he explained that, Lagos, Abuja and Port Harcourt, Nigeria’ commercial, administrative and petroleum industry capitals respectively, are the top real estate investment destinations, and account for as high as 65 percent of all activities in this asset class, a report by the National Bureau of Statistics has revealed. The report indicated that Lagos has the greatest amount of real estate activities at 37 percent, followed by Abuja with 22 percent and Port Harcourt (Rivers State) with 6 percent, all covering 65 percent of real estate activities in the country. The trio, often regarded as Nigeria’s traditional cities, have seen increased tempo of activity in real estate development and much of the investments that have gone into real estate in the country in the last decade were concentrated in these cities. Nigeria’s has a burgeoning real estate sector, which by the GDP rebasing exercise in the country in April 2014, was discovered to be the fastest growing and sixth largest sector in the Nigerian economy, explaining the rising level of investment in the sector by both local and foreign investors. Foreign direct investment (FDI) is defined as “an investment in which a firm acquires a substantial controlling interest in a foreign firm (above 10 percent share) or sets up a subsidiary in a foreign country” (Chen, 2000). The International Monetary Fund adds...
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...The Value of Curiosity- Exploring the Hidden Side of Everything Freakonomics, by Steven Levitt and Stephen Dubner, is an important economical book that shows examples of economics that most people do not understand or realize. This book displays the value of incentives, how the average consumer does not know much about the markets they buy in, cause and effects of these markets, and showing the distrust in most experts. To me, it proves that an average person can’t really look at the economic trends of a lot of markets because the patterns and information are so deep, that the average consumer can’t just ‘dig’ up. Freakonomics allows hidden information and small things that mean so much to come to surface, so the economy that surrounds us can be better understood for a more promising financial future. In chapter one, Levitt and Dubner really focus on incentives. Incentives are the motivator in which I do everything in my life. Sometimes incentives strike negative behavior in people because the amount of power in the motivation. In the chapter, they demonstrate three examples of this bad behavior. The remainder of this chapter brings together schoolteachers, sumo wrestlers, and a bagel salesman. The school teachers are under so much pressure to present excellent grade scores by their students in order to look good in front of the state, that they lose focus in the actual importance. Teachers begin to teach for a test and not for the benefit of the children’s futures. I thought...
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...Decision-Making Process Paper BCOM 275 November 11, 2013 Professor Mathew Buying my home was one the important lifestyle and financial decisions I had to make. The emotional highs, lows, and experience of purchasing my home depended on how well I did my own research; talking with different homeowners, doing Internet research, looking at used and new homes, weighing the pros and cons of buying new versus buying and older home and visiting different homeowner builder. My decision-making process of finding the right home took approximately two week. During my two week causative research, I used the below listed seven step process decision making process. Deciding to buy a New Home During the time I brought my home I was working overseas and during tax time I owed the Government anywhere from 5-10 thousand dollars a year. My tax advisor advise me on the different ways of getting a tax break like buying a new home, so to offset my taxes I decided to buy a home, near my mom, so she could watch the home while I was overseas. Not only did I save money on taxes my home is also a great investment that provided equity buildup, specific financial gains, value appreciation potential and the sense of pride of being a homeowner. Finding a Builder Instead of finding a real estate agent, I did a causative research on homebuilders...
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