ipl-logo

Chapter 2 Review Paper

776 Words4 Pages

CHAPTER TWO: REVIEW OF THE LITERATURE Starting a new business in any field can be challenging and a risky for the entrepreneur taking on the task. There are many factors to consider when an individual decides to take on this endeavor. Starting a real estate brokerage has its unique challenges. This paper will take a look at starting a new real estate brokerage, the challenges of the industry, and emphasis on strategies for recruiting younger millennials and Gen- Y real estate agents to the brokerage, the literature covers the unique challenges faced for organizations focused on recruiting this demographic. We will also look at literature that points to challenges to creating a stable brokerage and consider alternate brokerage models as a way …show more content…

(2016). What Millennials Want From Work and Life. Gallup Business Journal, 1.
Balvin G, Ramkissoon A, Greenwood R, Hovte D. The Generation for Change: Millennials, Their Career Orientation and Role Innovation. Journal of Managerial Issue [serial online]. Spring 2018; 30(1) : 82-96. Available from Business Source Complete, Ipswich, MA. Accessed March 29, 2018.
Bartz, D,. Thompson, K., & Rice, P. (2017) Maximizing the Human Capital of Millennials Through Supervisors Using Performance Management. International Journal Of Management, Business & Administrations 20(1), 1-9.
Beck, J., Scott, F., & Yelowitz, A. (2012). Concentration and Market Structure in Local Real Estate Markets. Real Estate Economics, 40(3), 422-460. …show more content…

FinancialPlanning, 6-16.
Flint-Hartle, S., & De Bruin, A. (2011). Franchising success: Insights from real estate brokerage. International Business Journal: Researching Entrepreneurship, 29(1). 58. Dol:10.1177/0266242610369762
G. Donald, J., Daniel T., W., & G. Stacy, S. (2002). The Impact of Information Technology on Real Estate Licensee Income. Journal Of Real Estate Practice And Education, (1), 1. i, T., Pancak, K., & Sirmans, C. (2007). Is the Compensation Model for Real Estate Brokers Obsolete?. Journal Of Real Estate Finance & Economics, 35(1), 7-22.
J,W. Coleman, C,S. Gulas, & J, E. Larsen ( 2007). An Investigation of Promotional Outlet Effectiveness for Ohio Real Estate Brokers. A Research Report submitted to The Ohio Department of Commerce retrieved from: https://www.com.ohio.gov/documents/real_Media_Impact_Study_FINAL.pdf March 28,2018
NAR. (2017, May 11). National Association of Realtors Member Profile[Press release]. Retrieved March 28, 2018, from

Show More
Related
487 Words | 2 Pages

On a warm and sunny winter afternoon, I met Bob and Berta Bower at the Alain Pinel Realtors Offices in Saratoga, an impressive offices nuzzled in the forest lined street. Bob greeted me and escorted me down a long long long corridor to a conference room finely furnished with a mahogany table and fine sculptures. Berta enters the room, Bob smiles....... and introduced her and immediately her warmth and charm shine through. Bob and Berta represent the Bower in Bower Cole Group of Alain Pinel Realtors in Saratoga. The Bower Cole Group is Diamond Certified, earing the certification in 2007.

Read More
1469 Words | 6 Pages

This is the ideal household income for the business to thrive. A study by the U.S. Census displayed a 45.8% increase of household income in Austin from 2000-2015. This will lead to a greater influx of customers for the business. With the increase in luxury condominiums and

Read More
958 Words | 4 Pages

During her article, “The Tethered Generation,” Kathryn Tyler proposes that millennial’s relationship with technology has had an effect on, “the way millennials work, communicate, make decisions, and interact.” Tyler also notes that because the constant interaction of millennials with friends and family the lines between personal and work life often become blurred causing parents to sometimes intrude upon their children’s professional career (2). Born between 1980 and 2000 the millennials are rapidly entering the work force, filling many of the lower level jobs in companies. This has led Human Resource workers to look for ways to adapt to the unique challenges this new generation poses.

Read More
1672 Words | 7 Pages

The story of the splitting of the rock is one where many lessons can be learned, and many themes are revealed. Overall, it is shown that God is almighty, and that he will always take care of his people. The value of this great miracle from God actually develops before said miracle happens. Although this event takes place in chapter 20 of the book of Numbers, the true value of themes and lessons learned start in Exodus. Many people are aware of the story where God makes water flow from the rock for the first time on Mt. Sinai.

Read More
1059 Words | 5 Pages

One opinion that the authors project is that youth today will not likely be as successful as their parents. Oleksinski argues that millennials will not prosper because they carry the less than superb qualities of “...entitlement, dependency, nonstop complaining, laziness, Kardashians”, while Kotkin explains that millennials will not be successful due the circumstances created by recklessness with the economy in the past. Another thought that the authors agree on is that millennials are not dedicated to their present career options, nor are employers likely to hire them. Oleksinksi adverts that employers fear hiring millennials because they change jobs frequently to find more desirable positions. In resemblance, Kotkin argues that employers wish to hire more experienced workers, resulting in youth working in lower qualified positions that they are not committed to.

Read More
699 Words | 3 Pages

Therefore, the parents micro-manage this generation’s careers and personal lives, which provides crucial information for managers regarding managing the Generation Y. Further, the Millennials are not willing to give up their lifestyle for a career as they prefer having flexibility in their daily lives. As such, they choose careers that allow them to live the life of their desire. They prefer multitasking since they show comfort going from activity to activity. The Generation Y is team-oriented as they have been taught cooperative learning style in school.

Read More
465 Words | 2 Pages

Advise to Millennial Startups by Sawyer Howitt As a result of his success in entrepreneurship, Sawyer Howitt usually shares ideas and tips to guide others on how to succeed in the business world. As for him, now is the best moment to get started as an entrepreneur. It’s simple than ever to grab the investors’ attention and get small business start-up loans. The other thing is that office space is ample with business district renting out small workplaces that come together with short-term leases giving a through way to hesitant entrepreneurs to get started with self-employment.

Read More
910 Words | 4 Pages

It has been claimed that millennials have different expectations of what office life is and how they should be treated at the workplace. With regards to this, two articles were written by Fromm and Asher respectively to explore how millennials are different in the workplace and the factors that are important to them.

Read More
415 Words | 2 Pages

As the trend towards a more liberal workforce dynamic continues to grow the millennial generation will have a comparative advantage against previous generations. As a manager it is key to provide a work environment with a clear picture on the values of the organization. In order to create a work environment that will provide a productive work it is essential to provide a clear picture to differentiate from competitors. Different strategies could be implemented to maintain motivated employees by providing training sessions, job mobility, and competitive salary. Keep in mind, that work flexibility is not only a millennial work preference but has also been seen in the Generation X’s, and Baby Boomers.

Read More
2768 Words | 12 Pages

LEADERSHIP & MANAGEMENT WEBINNOVATE 2.1 BAREBURGER SWOT & PESTLE ANALYSES ASSIGNMENT Submitted by: (The7Corgis Group) John Hargaden David Gardiner Hassan Sougrati TABLE OF CONTENTS Company Description Key Facts SWOT Analysis Strengths Weaknesses Opportunities Threats PESTLE Analysis Political Economic Social Technological Legal Environmental “You can’t grow if you don’t go out of your comfort zone” Euripides Pelekanos – Bareburger Group LLC Co-Founder & CEO 1. COMPANY DESCRIPTION

Read More
595 Words | 3 Pages

Who is a realtor? A realtor is a real estate agent who plays a crucial role in property dealing. He works as an intermediator between the buyers and sellers. They get some money in the propert deals.

Read More
538 Words | 3 Pages

Top 5 New York Real Estate Professionals New York is best known for its luxurious living communities in some of the most sought-after locations and consequently is the center for the top real estate professionals. They offer dozens of exclusive and exceptional home and office designs along with various styles to choose from in the region according to individual choice. So lets explore top five real estate professionals in New York, who can thoughtfully construct your plots keeping your needs in mind. Dolly Lenz: Dolly Lenz is the founder of the Dolly Lenz Real Estate (DLRE) LLC, which is a luxury real estate consulting, sales and marketing firm. The firm operates under the “Private Banking” model providng advisory services to the clients

Read More
1024 Words | 5 Pages

To decrease turnover it is important that organizations provide employees with feedback, mentoring from senior employees and clarify guidelines and expectations of management. Providing Millennial with face-to-face performance reviews as opposed to formal reports

Read More
870 Words | 4 Pages

A millennial is the title of anyone who is born after 1984. The author, Simon Sinek, is not a millennial, but does express his opinion in his informal lecture, “Millennials in the Workplace.” Sinek argues that all of the millennial’s issues stem from bad parenting, technology, impatience, and the environment and their long lasting effect the workplace. The only way to resolve the problem is to have corporate environments take responsibility and train the new employees to their standards. It is reasonable to agree with a majority of Sinek’s argument, but a corporation does not need to overcompensate; it is best to give millennials a push in the right direction and let them experience the world with the proper tools and skills necessary.

Read More
477 Words | 2 Pages

In 2010, Ng, Schweitzer, and Lyons studied Millennials in a workforce the study concluded Millennials set realistic about starting their careers, they valued rapid advancement, individualistic aspects of jobs and a work life balance. In contrast, Kennedy, (2003) found that most Baby Boomers valued job security and would sacrifice family time for job security and long-term employment. Generation Xers were found to enjoy work that was challenging to them and provided them with the opportunity to acquire transferable skills for future

Read More

More about Chapter 2 Review Paper

Related Topics

Open Document