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Internet Use in Real Estate - Research Paper Example

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The research paper titled "Internet Use in Real Estate" argues that The increase in the use of the internet, specifically the World Wide Web (www) in the past ten years or so has been exceptional and has impacted almost every sector in developed nations. Among the most significant aspect of individuals' lives, is their housing condition…
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Internet Use in Real Estate
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Download file to see previous pages To address this subject, the study paper will carry on, along the following field: the internet will have to be defined for reasons of theoretical clarity; e-commerce, definition and essentials, and functions will be underscored; reasons for real estate using e-commerce will be discuses, and how to create an effective website for real estate companies will be discussed at length; lastly, "a way forward" in terms of a conclusion will be provided.
E-commerce is the trade of services and products by means of computer networks or the internet. Chan, Lee, & Dillon, (2001) defines e-commerce as selling and buying of goods or services using electronic media it follows the basic principles of traditional commerce but in this case, buyers and sellers swap commodities through the internet for money. In e-commerce sellers and consumers of products transact business over networked computerized processes. This has offered maximum convenience to buyers and sellers alike. (Kroll, 2000) Buyers in this form of business get the opportunity to compare prices, quality and other factors before deciding to undertake the transaction. The buyer gets advantages of saving on physical transport costs and he/she can a product even from far place on a click of the mouse.
E-commerce serves as a vital strategic tool for companies. When e-commerce is well used in real estate companies, it brings considerable opportunities to the companies. The importance of e-commerce to real estate agents can be classified into two main classes; the tangible advantages and the intangible advantages that are brought about by information technology. E-commerce is vital for real estate companies today e-commerce can assist many real estate firms to revolutionize their manners in which they operate and manage their operations. (Bivins, 1999) ...Download file to see next pagesRead More
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