TL;DR: In this paper, the authors discuss the complexity of business transfers and acquisitions and the fact that many parties are involved in a business transfer: the buyer and the seller, of course, but also the employees, the spouse and/or family of the entrepreneur, the customers and suppliers.
Abstract: Every year I talk to many entrepreneurs about business transfers and acquisitions. Only rarely do
they tell me that it was a cinch. Buying or selling a business is complex. For a start, a business
should be shipshape from an organizational and administrative perspective, while several legal and
fiscal matters also affect the transaction. Moreover, many parties are involved in a business
transfer: the buyer and the seller, of course, but also the employees, the spouse and/or family of the
entrepreneur, the customers and suppliers. Emotions and trust also play a central role in selling a
firm. Many owner/managers find it hard to abandon their business. The fact that a transaction of
fixed assets may also be involved is another complicating factor. Is it a good thing to include fixed
assets in the sale, or in fact the reverse? Considering that most people find it quite hard to sell their
own house, engaging an estate agent to do it for them, it is understandable that buying and selling a
business is a transaction fraught with difficulties.
TL;DR: In this article, the authors describe the emergence of software packages designed to meet the full spectrum of property company requirements, and in particular property management, and the few packages available vary greatly in quality and sophistication as do the requirements of individual companies.
Abstract: Property companies, estate agents, and firms of chartered surveyors have generally been slow to recognise the opportunities offered by the computer industry. With the exception of the estate agents' market the reverse is also true. Although computer suppliers have flooded the estate agent market with systems, there has been little development on behalf of property companies. What progress there has been has tended to be piecemeal development of rent billing systems. This is now changing and we are beginning to see the emergence of software packages designed to meet the full spectrum of property company requirements, and in particular property management. The few packages that are available vary greatly in quality and sophistication as do the requirements of individual companies. If you are considering computerising your property management systems a cautious approach is desirable.
TL;DR: In this paper, the authors considered the UK house price series at a disaggregated level, where disaggregation occurs according to the age, or 'vintage', of the housing and found that both the long run and short-run relationships are less pronounced than might be expected.
Abstract: The statistical properties of UK house prices are considered at a disaggregated level, where disaggregation occurs according to the age, or 'vintage', of the housing. Given the frequency of transactions in the housing market and the sophistication of the estate agent system, it might be expected that the series would share long-run relationships and be subject to common short-run shocks. It is found via conventional techniques that both the long-run and short-run relationships are less pronounced than might be expected. However, by extending recent research concerning the testing of common features, commonality in the (short-run) cycles of the house price series is uncovered, albeit with a partial lag. Despite this, the cycles are shown to differ in terms of their asymmetric behaviour.
TL;DR: In this paper, the authors discuss the point when the potential value of the property is geared up for realization, in the process the value is assessed by the agent as lying in the "presentation" of a property.
Abstract: This article is based on research of estate agents' advice to residential vendors and landlords in inner London. The article discusses the point when the potential value of the property is geared up for realization. In this process the value is assessed by the agent as lying in the "presentation" of the property. This is paradoxical in that the materiality of the dwelling where much of its agency lies, is idealized as "neutral." Color devalues, or at least impedes the velocity of property exchanges. This article seeks to dissect the historiography of "neutrality," the erasures and dematerialization it represents, and its effect on property as commodity and as fetish.
TL;DR: In this paper, the authors present results from a series of structured interviews with house builders and estate agents carried out in Hertfordshire by a recent research project, which reveals the extent to which certain estate agents are involved with organizing land purchases for builders and negotiating development proposals through the planning system.
Abstract: Summary The estate agent is usually seen and theorized as a gatekeeper responsible for directing certain people to certain parts of the city (Williams, 1976) However, estate agents are capable of performing many more functions other than simple house agency This paper presents results from a series of structured interviews with housebuilders and estate agents carried out in Hertfordshire by a recent research project (Elson, 1982) which reveals the extent to which certain estate agents are involved with organizing land purchases for builders and negotiating development proposals through the planning system