Real Estate Management Tech Project.(Information Systems) Essay

Real Estate Management Tech Project.(Information Systems) - Essay Example Fred Jonathon received his PhD degree in management from the Harvard University. He was the co-founder of the Institute for infrastructure and property development along with Mr. Smithson. Together, they launched the Smithson and Jonathan group in the year 1980. The Smithson and Jonathan group has been the undisputed leader around the globe in supplying fermenter vessels for the bio processing industry. They entered the instrumentation market in the year 1990. Today, their business empire has expanded enormously in terms of size, the brands, and financial strength. The decision to enter in to the real estate segment by the group is backed by the rich experience of both the founders of the company. The real estate management company will act as a single interface for property buying and selling and to provide services for builders, property buyers, and property sellers. According to a recent real estate market analysis report (Thrid quarter 2007 quarterly, n.d.), there is a surge in the demand for office properties and industrial properties in the Unites States. The demand for housing property is also on the rise. The report (Thrid quarter 2007 quarterly, n.d.) provides analysis graphs on the market trends for office property returns, industrial property returns, and apartment property returns for the period 1994 to 2007. The analysis graphs are given below: The analysis graphs indicate the total returns for the period 1994 to 2007. From the graphs, it can be inferred that the total returns on the office properties attained a 22.8 % return, the industrial properties attained a 16.6 % return, and the apartment properties attained a13.3 % return by the year 2007 as indicated by the Figures 1,2, and 3 respectively. The statistics indicate the potential market for real estate. The foray of the Smithson and Jonathan group into the real estate sector, is based on the above market survey. OPERATIONAL PLAN The real estate management company promoted by the Smithson and Jonathon group is unique and will provide a single interface for property buyers and sellers to buy and sell their properties. Further, property buyers and sellers can trade within the company. This involves over the counter trading between the buyers and sellers. Trading of properties may also take place using the web portal of the company. The