... This study emphasizes on understanding how real estate agents performance is influenced by their emotional behavior or psychological range. The things that realtors consider rewarding to them are likely a reflection or connection of their emotional behavior. Bossidy and Charan (2002) pointed out...
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...the submission of the project work titled, “ Factors affecting investment decision and competitive advantage of Indiabulls”, undertaken by Ms. Shikha Sinha (Enrollment no. 11BSPHH010767) as partial fulfillment of MBA Program of IBS Hyderabad. This project work was executed under my guidance and no part of this project has been submitted for any degree or recognition before. Sincerely, Dr. P Shashikala (Faculty Guide, IBS Hyderabad) Dated: ACKNOWLEDGEMENT I hereby take this opportunity to thank INDIABULLS SECURITIES, for providing me a corporate exposure through the course of my summer internship. I would like to express my sincere gratitude towards my company guide Mr. Atish Gupta, for providing me great insights about stock markets, real estate, home loans and various other ventures, for guiding me all throughout and for being a great support. I would also like to thank Dr. P Shashikala, my faculty guide for instructing me and giving me her valuable advice on my project. I am also like to thank Mr. Ashish Yadav, Mr. Ankit Gupta, Mr. Jadish Yadav, Mr. Naveen and all members of Indiabulls family who were a great co-operation and help all throughout. I would like...
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...Indiabulls Real Estate Ltd. “Focus is the single most important virtue that will lead us to our goals.” Sameer Gehlaut, Chairman, Indiabulls Real Estate Ltd (2007) If the essence of the Indiabulls story were to be communicated in one word, the word would be “focus”. Indiabulls began its journey as an online brokerage start-up in the year 2000, and within a span of mere 10 years it has become India’s largest retail brokerage firm, and one of the largest non-banking financial institutions in India. The group has achieved unparalleled growth – successfully venturing into real estate business, and power sector as well. Incorporated as the real estate arm of Indiabulls Financial Services Ltd (IBFSL), and demerged in 2006, Indiabulls Real Estate Ltd (IREL) has been involved in project development and construction, project management, investment advisory and other allied services in the real estate space. Indiabulls Power, incorporated in 2007 as a 100% owned of subsidiary of IREL, was also soon demerged keeping in line IBREL’s strategy of demerging its non-core businesses in order to remain focused. One rationale behind the step was that all companies need to be independent in order to attain focus and to ensure that one balance sheet does not, in any manner, affect the other. The second reason was that the firm did not want to expose their real estate shareholders to project execution risks of the power sector. The third rationale was that power business would eventually be...
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...Code of Ethics The Realtor Code of Ethics was established in 1913 as a Golden Rule, as a voluntary document outlining the professional duties of membership. In 1924 it became mandatory. Four years later after Texas Association of Real Estate Board renamed to Texas Association of Realtors. The Realtor code helped establish professionalism and integrity for the real estate industry. The Code of ethic is now mandatory training for all members. Ethics are considered especially important when related to the activities of skilled or influential professional. Although there are not an official code all real estate agents, many are members of the National Association of Realtors, which has an ethics code. The Code of Ethics and Standard of Practice of the National Association of Realtors has 17 articles which can be summarized in the golden rule: “do to others as you would like them to do to you” * Duties to Clients: * Articles 1 to 9 deal with the responsibilities real estate agents have toward their clients. * Article 1: When representing a buyer, seller, landlord, tenant, or other client as an agent, REALTORS® pledge themselves to protect and promote the interests of their client. This obligation to the client is primary, but it does not relieve REALTORS® of their obligation to treat all parties honestly. When serving a buyer, seller, landlord, tenant or other party in a non-agency capacity, REALTORS® remain obligated to treat all parties honestly. ...
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...Luxury Homes Housing Project University Of Phoenix CPMGT/300 04/30/2016 Project Description The Luxury Homes Real Estate Company shall be an Oregon-based company that will offer benchmarked rental units for the Eugene, Orange community. The Luxury Homes units will not only balance safety but also have cutting edge features as well a positive atmosphere for all tenants. These rentals will be provided to the Luxury Homes clients with an unmatched level of excellent customer service and attention (Kerzner, 2013). The sales for the Luxury Homes projected in year one will have a moderate growth by year 3. Stakeholders for the Project The Luxury Homes Real Estate Company will be created as a Limited Liability Corporation owned by its principal investors, Bradley Williams, Diana Smith and Nathan Scott. Bradley Williams will be the acting CEO and hold a 30% stake in the company. Diana Smith will be the interim CFO holding 30% shares of the enterprise as well (Kerzner, 2013). Nathan Scott will hold 10% while silent companies silent investors will hold the remaining 30%. Project Charter Project Definition The Luxury Homes Real Estate Company is an enterprise that is involved in a vast array of aspects in the real estate industry. The primary expertise and experience of the company are not only in the development of lower cost living for students but also high quality up to date advance living technology environment. The property purchased by the company is a 50 unit at 14th Avenue on...
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...Luxury Homes Housing Project University Of Phoenix CPMGT/300 04/30/2016 Project Description The Luxury Homes Real Estate Company shall be an Oregon-based company that will offer benchmarked rental units for the Eugene, Orange community. The Luxury Homes units will not only balance safety but also have cutting edge features as well a positive atmosphere for all tenants. These rentals will be provided to the Luxury Homes clients with an unmatched level of excellent customer service and attention (Kerzner, 2013). The sales for the Luxury Homes projected in year one will have a moderate growth by year 3. Stakeholders for the Project The Luxury Homes Real Estate Company will be created as a Limited Liability Corporation owned by its principal investors, Bradley Williams, Diana Smith and Nathan Scott. Bradley Williams will be the acting CEO and hold a 30% stake in the company. Diana Smith will be the interim CFO holding 30% shares of the enterprise as well (Kerzner, 2013). Nathan Scott will hold 10% while silent companies silent investors will hold the remaining 30%. Project Charter Project Definition The Luxury Homes Real Estate Company is an enterprise that is involved in a vast array of aspects in the real estate industry. The primary expertise and experience of the company are not only in the development of lower cost living for students but also high quality up to date advance living technology environment. The property purchased by the company is a 50 unit at 14th Avenue on...
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...Introduction The Michigan real estate market is highly competitive. Greater marketing and professionalism is now a requirement in the real estate industry, as is the service provided to procure a successful sale and or purchase. As in the real estate industry, service delivery is complicated by the presence of the customer at the point of service production. The customer contact employee must accommodate uncertainty and variability introduced by the customer, which in the real estate industry is vital to being successful. Problem Statement Greater marketing and professionalism is now a requirement in the real estate industry, as is the service provided to procure a successful sale and or purchase. As in the real estate industry, service delivery is complicated by the presence of the customer at the point of service production. The customer contact employee must accommodate uncertainty and variability introduced by the customer, which in the real estate industry is vital to being successful. An understanding and appreciation of consumption and the consumer in real estate services is arguably more important than ever if providers of real estate services are to rise to the competitive pressures building in the sector. Real estate, as with all service businesses, need to focus on the quality of service as it is becoming an increasingly important differentiator between competing businesses and in many industries, such as real estate, it is often the only core differentiator...
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...Franchising Industry in China 1. An Overview of Franchise Development in China Franchising first emerged in China in the late 1980s. In 1987, KFC’s first Chinese outlet was opened in Beijing, the capital city of China. Franchising industry in China experienced a period of disordered development in the early days. In the poor legal environment, some franchisers conducted substandard business or even defrauded franchisees of money. In some cases, franchisees delayed payments to the franchisers or infringed on their intellectual property rights. In 1997, the Ministry of Internal Trade established the first Chinese franchise law, the Regulation on Commercial Franchise Business, which included guidelines on such issues as trademarks, copyrights, and intellectual property protection. A lack of specific provisions in the 1997 version governing foreign direct franchising allowed relatively few major international companies to have significant franchise businesses in China. Although many of these international brands such as 7-Eleven, McDonald’s, KFC and Pierre Cardin, normally do business through franchising, in China foreign franchising was still a grey area before the new rule was published. Because franchising typically does not involve investing in equities, the Chinese Government used to put less focus on such business. But the government came to find that franchises are a good business model for China to help solve its job problems and its scattered private capital. China’s capital...
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...Real Estate Office Website E-business Plan A. Develop an online business expansion proposal that includes the following: Viability of the product or service that the business offers in an online environment I have chosen to work with a local real estate office to help the company increase its online presence. The company has a website that was created and never updated, thus it is stagnant. The primary objective of an online presence for this company is to expand the marketing efforts of the company in the online arena, expand the market area, and increase sales. This will help the company provide specialized information to potential buyers and sellers of homes, as well as creating an awareness of the real estate office. As a result sales will increase. The goal of the online marketing for the real estate office is to give valuable information regarding the real estate market, attract new customers to the business, to create a relationship with these new customers and follow-through with excellent service. Create a new brand of internet marketing that improves communications with customers. This company needs to expand into online marketing, if not, the company will certainly be losing potential customers. The online marketing strategy needs to include creating a website which will be connected to the company’s other internet pages and profiles. These other pages and profiles should include Facebook, Twitter, LinkedIn, Flickr and YouTube. The company will use social media such...
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...What Is a Real Estate Professional and Why It Means So Much Today By Kevin Leifer, CPA, JD, LL.M. (Tax), MBA Director – Tax and Real Estate Gettry Marcus CPA, P.C. Background The real estate industry was dealt a severe body blow in 1986 when Congress enacted the passive activity rules which provided that losses from a passive activity could only be deducted to the extent of the taxpayer’s net income from other passive activities. Excess passive losses are not deductible until such time as the taxpayer generates net passive income or disposes of the interest in the loss activity. While these rules were originally intended to limit losses related to activities in which the investor was merely a passive investor (such as abusive tax shelters), real estate was hit particularly hard for two reasons: (i) rental real estate activities (RREAs) traditionally generate tax losses even from rental properties that generate positive cash flow predominantly because depreciation (a non-cash deduction) is usually a material deduction in calculating the property’s taxable income or loss; and (ii) RREAs were deemed to be per se passive activities. As a result, the real estate industry was up in arms and rightfully so. After all, many real estate entrepreneurs and others were actively engaged in RREAs on a full-time basis. How could Congress treat them like passive investors? As a result, the real estate professional rules were enacted in 1993. What is a Real Estate Professional (REP) ...
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...Ex1: OPERATIONS FINANCIAL SERVICES (EXCEPT INSURANCE AND SOCIAL INSURANCE) 1. Monetary intermediary activities: This group includes: * Activities of central bank about construction monetary policy, issuing currency, managing foreign exchange, control international reserves, inspection activities of banking institutions, etc.. * Operation of the unit resident legal entities in the banking sector; including debt subject in your account to get the monetary assets in order to participate in the activities of currency market. 2. Central bank operations This group includes: the central bank's activities as: - Released money - Bank of organization of credit - Foreign exchange operations management and control of international reserves; - Inspector of banking operations; - Bank money services for the Government. 3. Other monetary intermediary activities This group includes: Activities of businesses established under the provisions of the law, credit institutions and other provisions of law to currency trading, banking services with content deposit and use deposits to credit, provision of payment services (except financial leasing). This group's activities include the operation of commercial banks, development banks, investment banks, policy banks, cooperative banks, finance companies, people's credit funds, service companiespostal savings, credit union, ... Operation of the postal savings bank and postal money transfers; The organization...
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...FARMERS INSURANCE; Farmers Insurance Acquisition of 21st Century Insurance Finalized SECTION: EXPANDED REPORTING; Pg. 15 LENGTH: 725 words The Farmers Insurance Group of Companies(R) announced that it has completed the acquisition of 100 percent of AIG's U.S. Personal Auto Group, which includes 21st Century Insurance. In addition to 21st Century Insurance, the acquisition includes the former AIG Direct business and Agency Auto business. The purchase price amounts to approximately $1.9 billion. Under the agreement, AIG's U.S. personal auto insurance business is being sold to Farmers Group, Inc., a Los Angeles-based subsidiary of Zurich Financial Services Group. Farmers Group, Inc. will sell the underlying insurance entities to the Farmers Exchanges, which Farmers Group, Inc. manages but does not own, for approximately $1.4 billion. This acquisition by the Farmers Exchanges strengthens Farmers' place as the 3rd largest personal lines insurer in the US. And, the acquisition positions the Farmers Exchanges as the largest auto insurer in several states, including California. The acquisition is the largest in the 81-year history of Farmers. The acquired companies operate in 49 states and Washington, D.C.; have more that 2.4 million customers; and insure more than 4 million vehicles in the US. Further, 21st Century Insurance is the nation's 3rd largest traditional "direct" writer of insurance. Without including 21st Century customers, Farmers already provides auto...
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...Case Analysis Report Management 101 Submitted To: Rumana Afroze Lecturer, Department of Business Administration East West University Submitted By: |Name |Section |Student ID | |Ali N Huq |8 |2009-3-10-016 | |Asif Khan Ahad |8 |2010-1-10-236 | |Imtiaz Ahmed |8 |2010-1-10-235 | Submission Date: 18.04.2011 Table of Content |Serial |Name of Topic |Page | |1 |Executive Summery |v | |2 |Acknowledgement |3 | |3 |Company Profile |4 | |4 |Analysis ...
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...diversification, the business arms of SANMAR HOLDINGS rapidly extended to areas like Residential, Commercial & Land Development, Real Estate Investment, Construction of Multi-storied Residential, Commercial, Schools and Hospitals, Architects & Design, Property Management, International Shipping Agency, Port Related Business, Agro Business, International Trading, Capital Management and Indoor Amusement. Real Estate building and development is the core business of the company. Sanmar today is the leading provider of luxury projects and the name behind some of the most acclaimed residential and commercial developments that includes gated community township for all customer segments. Mission The company aims to have development projects that would be treated as true icons, reference points for creativity and ingenuity and take its corporate responsibility to a new level in the real estate development sector of the country. Vision The company envisages to be one of the most valuable lifestyle developers in the country and place its corporate identity somewhere beyond mere real estate development. It aims to have development schemes in the most desirable and exclusive locations and to build such schemes to a high quality specification that would become synonymous with the group. Message from the Management of SANMAR GROUP The Real Estate Industry has changed dramatically over the past few years, both locally and globally. In this difficult period and for the world ahead, we...
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...The Real Estate Agents and Brokers Analysis Ying Wang Monroe College Ying Wang, department of MBA, Monroe College. This research’s some data is supported by CRIC Database (Chinese real estate database). Ying Wang, department of MBA, Monroe College, contact: wywangying1202@gmail.com Abstract This paper analyses the real estate agents and brokers with applying Porter Five Forces analysis. The overall objective of the analysis is to determine if the industry is attractive from a competitive structure point of view, using Porter’s Five Forces framework for my analysis of the industry’s competitive structure. According to my analysis, I draw a conclusion about if this industry is attractive for me. Key words: Porter Five Forces, industry analysis The Real Estate Agents and Brokers Analysis Background Industry description The Offices of Real Estate Agents and Brokers’ NAICS code is 531210.This industry comprises establishments primarily engaged in acting as agents and/or brokers in one or more of the following: (1) selling real estate for others; (2) buying real estate for others; and (3) renting real estate for others. After more than 100 years of development, the U.S real estate industry is relatively mature under the legal environment and financial instrument. The house price has increased 2 or 3 times during the past 100 years. As shown in Exhibit 1-1. Exhibit 1-1 Source: “U.S. house prices realty check”, http://www.economist.com/blogs/graphicdetail/2013/06/us-house-prices...
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