Architect – Engineer – tenant – landlord – estate agents – City Planner classic, far more in the agenda of the public branches of industry such as car production and engineering bring towards the real estate industry only a lighter weight on the economic scale. The industry is wide fanned (architects, engineers, tenant, landlord, brokers, managers, construction supervisors, city planners and others) and fairly structured. This variety of interests makes it hard often to keep track. Since the real estate business in the first place is a local and possibly regional business. CF.
among others detailed designs to effect relations in the force field of location factors of Becker, Jorg: real estate business in the location possibility space, ISBN 978 3 8391 2306-5. In this industry, informal conditions play a larger role than in other sectors, i.e. personal relations are in the foreground. Most of the activities of the actors playing in local ramifications, many transactions are more or handled less secret classified. Because most of the businesses on an informal and personal basis will take place:-market data and transparency are low compared to other industries. The claim attitude increases but here with the occurrence of new investor groups.
-barriers to market entry are relatively high – risks of corruption vulnerability. Most of the activities of the actors playing in local ramifications. Between the two central objectives increase the centrality”on the one hand, as well as extensive preservation and careful development of the existing retail can be significant trade-offs occur. Using a site record bolster transparency, decisions can be supported and prepared for their solutions. Real estate economics is the soil at all here, grow and flourish and that is prescribed and quantity not any changeable – or unique as finite size. I.e. it is sparingly with the land. On the other hand building, which although changes in market conditions adapt to quantity and quality allow their adjustments can be accomplished but only using delay, i.e. who only follow the changes in a temporal distance rate they. Dipl.Kfm. Jorg Becker (www.beckinfo.de)