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Real Estate: Improving Corporate Social Responsibilities - Assignment Example

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This project will look at a real estate company that specializes in selling homes and corporate buildings as well as corporate social responsibilities that are required. Real estate has recently been through changes and downfalls because of the economic difficulties in various areas…
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Real Estate: Improving Corporate Social Responsibilities
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Download file to see previous pages From this research it is clear that the changes in real estate began in 2007 with markets that were no longer able to offer opportunities for moving in. The result was a decrease in the real estate industry, foreclosures on homes and price increases of homes. As this occurred, banks were unable to keep up with the economic fluctuations, leading into a recession within the economy. The result with this particular problem has been to highlight the real estate industry and to try to find new solutions for building and maintaining the market because of the economic problems which have arisen. The particular problem with economics has led to difficulties with the way that real estate brokers are selling homes. It is noted that many are falling to false statements and added values with listings, just to get individuals to buy. This is combined with unethical practices of not stating the problems with homes and the difficulties which are occurring with the transactions that are taking place. The changes in the economy have created a direct shift with the approaches to ethics and selling within the market. The economic fluctuations and responses from the market have led to a second backlash with the social trends relating to the real estate that is available. There are now criticisms that are related to the market based on environmental, architectural and social impacts which are not associated with the practices of most that are selling homes. ...
The environmental approach is based on green movements that are not available for homes, leading many owners to decide not to buy specific homes. This is followed by architectural flaws that many are hiding with the buying of homes, which is stopping several from approaching the main situation. The approach is based even further on the social impact of the home, which is inclusive of finding the right neighborhoods and many which are looking at the real estate market as one which is no longer carrying an equitable industry. The challenge which is being placed over those who are involved with the social and cultural frameworks are then pressuring the real estate industry to change the amount of responsibility which is taken with buying and selling homes (Sardinha, Reijnders, 2011: 517). The current trends and approaches which are associated with the industry are pushing those in the real estate market to begin re-examining the ethics and amount of responsibility associated with buying and selling homes. The approach is to take social initiatives with the homes that are available, combined with looking at the trends and approaches to offer more to the individuals interested in buying or selling homes. This is combined with monitoring the initiatives to begin to change the options with how consumers respond and the way that the market is able to grow or decline. With this approach, more recommendations for sales will be made and those which are not looking at real estate after the fall which has occurred. The multidimensional approach which is required for this; however, makes it essential that the correct initiatives are taken to define and build the sense of corporate social responsibility among the real estate market (Chatterji, Devine, 2009: 530). ...Download file to see next pagesRead More
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