Real Estate Property Management

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TABLE OF CONTENTS

CHAPTER 1: INTRODUCTION1

1.1 Background of the topic1

1.2 Problem Statement1

1.3 Research Questions1

1.4 Significance of the Study2

CHAPTER 2: LITERATURE REVIEW3

2.1 Overview of the Real Estate Property Management3

2.2 Traditional Function of Real Estate Management4

CHAPTER 3: METHODOLOGY5

3.1 Overview of the Research Methods5

3.2 Sampling Size5

3.3 Instruments for Data Collection6

3.4 Ethical Concerns for the Research6

REFERENCES7

CHAPTER 1: INTRODUCTION

1.1 Background of the topic

In 2007, nonprofit organizations held over $733 billion in land, equipment and buildings for charitable or investment purposes. In addition to these large holdings, real estate costs are often times the second largest operational expenditure for nonprofits after personnel expenses. Despite their altruistic missions, nonprofit organizations must pay close attention to the management of their real estate assets, quite similar to what is the case in the for profit counterparts. Normatively, as part of successfully achieving an organization's overall mission, real estate decisions should be made based upon a comprehensive real estate strategy guided by the organization's overall strategies. Therefore, all the issues related to the Real Estate Property Management will be discussed in detail (Acoba & Foster, 2003, 164).

1.2 Problem Statement

The major objective of the research is to discuss the major aspects related to Real Estate Property Management.

1.3 Research Questions

Q1- What is the overall importance of Real Estate Property Management?

Q2- What are the major steps needed for making a contribution towards Real Estate Property Management?

Q3- What measures must be taken to improve the entire setup of the Real Estate Property Management?

1.4 Significance of the Study

The significance of the study is quite high because of the major aspects related to Real Estate Property Management. It has been observed that this sector experienced a lot of positive growth over the last few years. This shows that there is a lot of potential in this sector and there is a need for a lot of investment to promote the activities within this sector. There are several opportunities for the investors in this sector to take maximum benefit with the rapid development.

CHAPTER 2: LITERATURE REVIEW

2.1 Overview of the Real Estate Property Management

With real estate accounting for over 25% of total corporate assets, firms have in the past been insufficiently concerned because of the relation with the facility to manage the business matters and opportunities related to real estate market. Normatively, researchers and corporate real estate managers agree that positive outcomes result when managers are guided in their real estate decision process by comprehensive real estate strategies that are aligned with the overall strategies of the corporation. Overall strategies of the corporation address critical elements such as customers, employees, and processes believe firms should use eight types of real estate strategies to support their overall corporate strategies. Indeed, empirical studies show strategic corporate real estate management is becoming more common and better aligned with core business strategies and corporate real estate managers more successfully translating their real estate strategies into operating decisions (Gallimore & Gray, 2002, 120).

The researcher known as Gibler et al in 2012 found cost ...