Vertical Integration & Performance in Residential Real Estate

Vertical integration in the real estate sector: Three case studies

Companies and organizations choose different structures. Some, like the Swedish Transport Administration, have chosen to be a "pure client" and buys almost all things they need on the open market through competitive procurement. Some, like the three private companies studied in this paper, have chosen to vertically integrate to a considerable extent. The main question is why they have done that...

Valuating residential real estate using parametric programming

When the estimation of the single equation multiple linear regression model is looked upon as an optimization problem, we show how the principles and methods of optimization can assist the analyst in finding an attractive prediction model. We illustrate this with the estimation of a linear prediction model for valuating residential property using regression quantiles. We make use of the linear ...

Organizational performance and Real estate

Dynamic Matching Markets and An Application to Residential Real Estate

In the residential real estate market, sellers arrive dynamically over time to put their units up for sale. These assets may differ in their attributes, including location, size, style, acreage, etc. Sellers themselves differ in their own financial constraints, carrying costs, and their delay tolerances, i.e., how long they are willing to wait until they sell their unit. Buyers arrive dynamical...

Development of Spatial Decision Support Systems for Residential Real Estate

Geographic Information Systems (GIS) can enhance the efficiency and effectiveness of decision making in the residential real estate industry. They can organize, manage, and analyze information in ways that were not possible with traditional information management systems. Although GIS are now used to perform specific business functions, their use can be magnified and extended through the creati...