D & G - A Real estate enterprise

D & G - A Real estate enterprise

Introduction

Real estate is a profession of buying, selling or renting land property or housing for the purpose of commercial or personalized usage. Real estate industry has been booming around the globe. Here, D & G is a hypothetical real estate enterprise which aims to strive high in the field of brokerage. The paper below discusses what governmental and federal laws D & G may have to know about along with its market analysis plus a few suggestions for an attractive webpage.

Discussion

In the following paper, firstly governmental laws are defined then the market analysis and lastly suggestions for the webpage.

Governmental laws and regulations

Consumerism

Consumerism is a law that protects the consumers from the businesses. The enterprise must know the law before they start a business. It is a social movement that protects the rights of the buyers when they are making a purchase decision.

In the real estate business, buyers are allowed to refuse to buy a property. They have the right to know that the property is safe as they make assumptions about safety and security of a land (Gartner & Bellamy, n.d). On the other hand, consumers tend to gather a lot of information about the property or land that they are going to buy as they are very concerned about where they are spending their money. Seller on the other hand, has the right to introduce any type of property unless it does not prove to be harmful for the consumer. The seller has to set prices to match with the market prices in accordance with the price discrimination laws.

Contractual laws

A contract is a legal document between two or more parties for a specific action. The contract spells out everything and the rules of the game. When making contracts, the agent has to make sure that the agreement is written clearly and offer is specific and firm (Gartner & Bellamy, n.d). Also, both the parties i.e. the seller and the buyer must give their consents to buy a property or a land. Any decision that is made under pressure or fraud is regarded as void. A contract has to involve consideration and legality. It has to be written in an acceptable form for its validation.

Breach of laws

In case of consumerism, if there is a breach of law on the part of any of the parties involved, then ...