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Real Estate Marketing with the emphasis on communication politics as an instrument of sales with applicable suggestions for the Entwicklungsgesellschaft Cite in Baden-Baden (Paperback)
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Real Estate Marketing with the emphasis on communication politics as an instrument of sales with applicable suggestions for the Entwicklungsgesellschaft Cite in Baden-Baden (Paperback)
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Bachelor Thesis from the year 2003 in the subject Business
economics - Miscellaneous, grade: 1,8, Furtwangen University
(Wirtschaft), language: English, abstract: Inhaltsangabe: Abstract:
The overall situation in the housing and real estate market has
changed drastically in the last few years. The market structure has
changed due to an overcapacity of empty or not used private flats,
houses, etc. and an increasing competition among providers. In the
earlier days, buyers depended on the real estate offers from real
estate companies. Nowadays buyers are offered a huge number of real
estate products and have almost uncountable sources of information
at hand. Triggering these changes at the beginning nineties was the
re-integration of the German Democratic Republic to the Federal
Republic of Germany with a huge over capacity of housing space, the
migration of eastern German workers to the western part and the
internet, which allowed consumers without a lot of hassle to
compare various real estate products. Additionally a lot of
construction companies rejected considering the necessary
infrastructure for their projects, which is a major factor in the
decision process of the consumers. Another development caused by
the re-integration of the eastern part was the mistrust towards the
real estate industry. A lot of companies from the west hoped to
make a fast fortune in the east. They left unfinished buildings,
mountains of debt and housing space, for which there were no
tenants. Bankruptcy was the end of such companies. The redundancy
of the former eastern block in Europe and the Perestroika (the new
political policy of Russia) lead to the reduction or closing of
Allied bases in Germany. This created free areas with military
structures on them, which can be found all over Germany the Cite
area is such a case. All these factors lead to a decreased need of
the consumers and to an over capacity of housing space. In order to
deal with these external factors of influence and
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