A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Localisation versus globalisation: some evidence from real estate services organisations
Abstract The buying and selling of real estate is predominantly conducted through transactions agents: real estate brokers. In recent decades, there have been divergent trends in commercial and residential markets. Commercial brokerage firms have become involved in a wider range of services and have internationalised; in contrast, residential firms have remained nationally, and predominantly locally, based and still concentrate on brokerage. Economic explanations are used to understand this experience. This case study highlights a weakness of arguments that globalisation is inextricably taking over more facets of life. Higher incomes are associated with a growing preference for services, many of which are best delivered locally or in a decentralised way.
Localisation versus globalisation: some evidence from real estate services organisations
Abstract The buying and selling of real estate is predominantly conducted through transactions agents: real estate brokers. In recent decades, there have been divergent trends in commercial and residential markets. Commercial brokerage firms have become involved in a wider range of services and have internationalised; in contrast, residential firms have remained nationally, and predominantly locally, based and still concentrate on brokerage. Economic explanations are used to understand this experience. This case study highlights a weakness of arguments that globalisation is inextricably taking over more facets of life. Higher incomes are associated with a growing preference for services, many of which are best delivered locally or in a decentralised way.
Localisation versus globalisation: some evidence from real estate services organisations
Ball, Michael (author)
2007
Article (Journal)
Electronic Resource
English
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