Reintermediation or disintermediation? : the impact of e-commerce on commercial real estate brokerage
Name
48528605-MIT.pdf
Description
Full printable version
Size
11.57 MB
Format
Adobe PDF
Checksum (MD5)
f802df31bbc1fa2ee4a81ec99b0a0437
Author(s)
Li-Williams, Lin (Lin Merilyn), 1970-
Olsen, Derek 1970-
Advisor(s)
Tod McGrath.
Date Issued
2000
Publisher
Massachusetts Institute of Technology
Abstract
The objective of this thesis, entitled "Reintermediation or Disintermediation? The Impact of ECommerce on Commercial Real Estate Brokerage", is to evaluate the impact of e-commerce on the functional areas of commercial real estate (CRE) brokerage. Our selected functional areas include: database, search engine (sort/match), tour guide, analysis, negotiation, and documentation & closing. The Introduction and Chapter 1 provide an overview of the CRE brokerage industry and current e-commerce business models, Chapter 2 through Chapter 7 examine each functional area from current state and future outlook perspectives, and, lastly, the Conclusion presents our vision for the future of e-commerce and CRE brokerage industry. In the process of evaluating the six functional areas, we will analyze the current business models of the major CRE brokerage-related e-commerce companies and attempt to identify the business models' potential success factors in relation to the functional areas. We will also discuss how commercial real estate brokers can leverage technology to remain competitive in their evolving marketplace and how e-commerce is likely to impact the brokerage industry's future compensation structure.
Description
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2000.
Includes bibliographical references (leaves 107-110).
Subjects
Urban Studies and Planning.
MIT Department
Massachusetts Institute of Technology. Department of Urban Studies and Planning
Terms of Use
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