StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Evaluate the potential effects of the Recession on Property Management Companies and Estate Agents - Essay Example

Comments (0) Cite this document
Summary
It continues for a long span of time. While in recession, the countries can not maintain a sustain level in Gross Domestic Product (GDP). The level of employment and investment also falls. The incomes and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
Evaluate the potential effects of the Recession on Property Management Companies and Estate Agents
Read TextPreview

Extract of sample "Evaluate the potential effects of the Recession on Property Management Companies and Estate Agents"

Download file to see previous pages First if the consumers are confident enough about the future of an economy, they will buy more. So production will increase in order to satisfy the excess demand. If the investors have faith that the trend will prolong, they will be investing more and more in the market leading to an upward rising stock market. All these combinations will lead to an upward spiral causing an expansion of the economy. But any booming economy is destined to fall. If the consumers are not confident enough, they will demand less, leading to a lower production. As the production level falls, the investors will be apprehensive about the market leading to a lower investment and a crash in the market.
Compared to other industries/sectors the impact of recession over property management is different. It not only affects the companies or agencies related to this business but also impacts other financial organizations that are associated with it.
The real estate economy is a huge part which is integrated with the general business economy. Like all other sectors of the business economy, this sector also gets impacted by the recession. If there is any downturn in the general business economy, people will not invest in the properties and real estates. When people can not purchase house, there will be an increase on the demand for rented houses. The property management companies and the estate agents can help in these cases.
The companies related to operation of property have diverse work to do. They range from rent collection to maintenances, payment of taxes to providing utilities and insurances. But property management does not always mean managing of real estate properties. They may also be responsible for managing capitalized assets.
Estate agents are people or businesses who are related to selling and providing rents of the homes, lands and buildings. They are mainly related to the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Evaluate the potential effects of the Recession on Property Management Essay”, n.d.)
Evaluate the potential effects of the Recession on Property Management Essay. Retrieved from https://studentshare.org/miscellaneous/1557081-evaluate-the-potential-effects-of-the-recession-on-property-management-companies-and-estate-agents
(Evaluate the Potential Effects of the Recession on Property Management Essay)
Evaluate the Potential Effects of the Recession on Property Management Essay. https://studentshare.org/miscellaneous/1557081-evaluate-the-potential-effects-of-the-recession-on-property-management-companies-and-estate-agents.
“Evaluate the Potential Effects of the Recession on Property Management Essay”, n.d. https://studentshare.org/miscellaneous/1557081-evaluate-the-potential-effects-of-the-recession-on-property-management-companies-and-estate-agents.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Evaluate the potential effects of the Recession on Property Management Companies and Estate Agents

Entering of Companies Into Strategic Alliance

Companies have basically cut down on their gains in terms of recall, reputation and other factors so that they could earn more within a specified period of time. The basic purpose is not necessarily meant for the long term; however one can understand that the issues related to these companies are more or less dependent on the short term scenarios (Shinawatra 2001). The companies thus lose out on the longevity beliefs tied with these business processes and tasks. All they are concerned with is to earn a quick buck and have their profits settled in an easy manner. The strategic alliances are significant in the time and age of today since these look to put the rivals at par with one another with a single motive in mind – to ear...
6 Pages(1500 words)Assignment

The Effects of Exercise on Glucose Metabolism

In both groups, such levels continued to increase then later declined after about 30 to 60 minutes. The exercise group exhibited a sharper decrease after 30 to 60 minutes from intake while the non-exercise group exhibited a slower decrease in blood glucose levels after 30 to 60 minutes. This study concludes that exercise increases glucose metabolism causing it to be utilized faster by the body.

Exercise causes the body to utilize more energy. This energy would necessarily come from the body’s energy storage and largely from glucose and its derivatives. With higher energy demands during exercise, more energy is also utilized; consequently, more glucose is utilized. Various studies have been conducted on this intera...
11 Pages(2750 words)Lab Report

Strategic Management Systems in the Decision Making of an Organization

He will change his brand as soon as he realizes that his needs might be catered in a better way by some other brand. This creates the need for efficient planning tools and updated information.
An important aspect here is that the management system should work in accordance with the vision of the organization. It is only one of the reasons for the failure of a system. There are several more causes that shall be investigated.
It shall be investigated as to how strategic management systems assist in identifying the strengths and weaknesses of a company (Hitt 2009). It gives the company an opportunity to make their products and services better for their customers.
Strategic management systems can be defined as the proce...
10 Pages(2500 words)Assignment

The Role of Human Resource Management

Positivism is a scientific method of inquiry-based on facts rather than on opinions and attitudes. In positivism, there is a belief that the world exists externally and that the objective method of measurement should be used. This implies that only knowledge that is measurable is “valid” and hence the epistemology of positivism is connected with quantitative methods of research. Interpretivism is the qualitative approach through which it is possible to understand the subjective reality. Through interpretivism, it would be possible to make sense of the data collected and achieve the goals of the research.

Any research is a methodical study on a particular subject, which uses facts and figures. The research st...
10 Pages(2500 words)Assignment

Management Accounting: Costing and Budgeting

Standard costing and related variances is a valuable management tool. If a variance arises, management becomes aware that manufacturing costs have differed from the standard (planned, expected) costs

(b)Under Always Better Control (ABC) method of production; the units which are lesser in numbers but highest in values are controlled first. Next, the units which are both moderate in unit numbers, but value-wise are controlled next. Finally, a comparatively lesser degree of control over items in inventory which are higher in unit quantity, but lesser value is taken up. The logic is that, the items which must contribute to inventory costs are given highest priority, since this impacts their bottom lines.

(c)The f...
12 Pages(3000 words)Assignment

Management Information System of Linux

As emphasized by GB direct (n.d.) “one of the principal reasons for the growth of open-source software is its affinity with this business model” (par. 8). The support applications specifically come in the form of “helpdesk advice and diagnostic research and direct intervention to diagnose and resolve problems” (GB direct, n.d., par. 24).

The helpdesk application of open source software “backs-up and extends in-house resources when they are approaching their limits” (GB direct, n.d., par. 26). Even unskilled staff or personnel without any technical knowledge of software applications are assisted by the program to back-up relevant files. This support mechanism of open-source software ca...
6 Pages(1500 words)Assignment

Performance Management Process: General Electric

General Electric (GE) is considered as the most successful multinational organization in the world.  It is known for peculiar strategies, practices and management patterns, specifically instrumented by its erstwhile CEO, Jack Welch.  According to Welch, the performance-driven culture is the basis for all success at GE. Jack Welch is one of the toughest leaders who has played a vital role in removing bureaucracy and bringing positive change in terms of performance evolution, vitality curve, training and development facilities, etc.

According to Campbell et al, performance is a behavior or action meant to achieve the organization’s goals, which can be measured (cited by Latham, Sulsky & MacDonald, 366)...
6 Pages(1500 words)Case Study

Operations Management Function: Tesco Plc

The value chain of the company includes all the functional areas of an organization. It includes the primary activities as well as the secondary activities of an organization. Primary activities of an organization include its operational functions and secondary activities are that support the former to meet the operational objectives of a company. Operational activities of an organization include core functions like producing final products or services. Therefore, managing operations is the foremost responsibility of operation managers. Operation management is responsible for managing the entire process related to the production and distribution of final products and services to the target consumers. The primary activities of o...

9 Pages(2250 words)Case Study

Of What Use Are Management Ideas and Concepts in the Practice of Management

All human activities and goals are achieved by following a certain path and procedure. These procedures and ways are important for the accomplishment of all tasks either domestic or official. The management of time, finance and other resources are important to successfully accomplish the tasks. Hence, the burden of success rests with the management techniques which incorporate proper utilization of all resources including financial and nonfinancial resources. One of the basic concepts in today’s environment is teamwork or group work. The coordination between the group members is also an important factor when it comes to the efficient and effective achievement of group goals. The task of a manager is to direct the group membe...
6 Pages(1500 words)Coursework

The Sarbanes Oxley Act on the Ethical Management of IT

The new system of regulation for fraud-free corporate reporting has been put to operate as per the Sarbanes-Oxley Act which was passed in 2002 against corporate financial reporters such as self-regulating accountants and organizational accounting departments. Sarbanes-Oxley Act is implementing some of the guidelines under the authorities of Congress and other accounting institutions. But it seems that Sarbanes-Oxley Act, together with other bodies such as Public Company Accounting Oversight Board (PCAOC), Securities and Exchange Commission (SEC), etc are unable to provide justifications for the stoppage of such unscrupulous activities (Engel, Hayes, & Wang, 2005). It had been observed that organizations may somehow avert futur...
6 Pages(1500 words)Coursework

Regulation of Estate Agents in the UK Property Market

...Trading Standards, current license-free business operation by property agents in the UK Introduction The UK property market is still under the control of traditional estate agents. According to BIS (September 2012), in 2007 there were 1.6 million housing property transactions in the UK with an aggregate value of £361 billion. The economic recession has caused a huge downfall in the sale and purchase of housing properties. Till 2009, the graph of transactions was high on the reducing and marginally got upward to 884,000 in 2011. There are nearly 14,000 traditional housing estate agent offices in the UK. The traditional UK estate agency market was worth nearly £4.2 billion in 2007, excluding fees for ancillary services, which got reduced...
12 Pages(3000 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Evaluate the potential effects of the Recession on Property Management Companies and Estate Agents for FREE!

Contact Us