Job Recruitment Website - Property management - Most people say why real estate companies are reluctant to go public.
Most people say why real estate companies are reluctant to go public.
Real estate is also called real estate in economics because of its own characteristics, that is, the fixed position and immovability. There can be three forms of existence: the integration of land, buildings and houses.
In the auction of real estate, the auction target can also exist in three forms, namely, land (or land use right), material entities and their rights and interests in the state of integration of buildings and premises. With the development of personal property ownership, real estate has become the main component of commercial transactions. Buying real estate is an important investment method.
Extended data
Whether it is a real estate development enterprise, an intermediary service enterprise or a property management enterprise, their business objects are all real estate, which is fixed and immovable.
This feature makes real estate enterprises greatly influenced by information technology in their business activities and surrounding environment, and their business performance is closely related to their location.
Because general commodities belong to movable property, they have physical mobility and can flow between regions or even between different countries at any time, so they usually face greater market competition. Free from the influence of trade barriers such as a country's foreign trade policy and national security, the scope of competition is worldwide, and enterprises should make decisions according to the situation of the international market. Changes in the international market environment will have a direct impact on such enterprises.
For real estate enterprises, real estate has no physical liquidity, the products provided by real estate enterprises cannot be moved, and the related real estate services are attached to fixed real estate, so the market competition they face is small, mainly in local markets. The relationship between supply and demand in the local market and its changing trend are very important to the operating performance of real estate enterprises.
In addition, due to the large value of real estate products, it takes a long time to transfer assets, which makes the market competition relationship unable to fully develop. Constrained by this, the key to the success of real estate enterprises lies in grasping the local market demand.
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