IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2001_188.html
   My bibliography  Save this paper

The Real Estate Information : A way to standardization

Author

Listed:
  • Antonio J.Jimenez Clar

Abstract

The availability of exact information on real estate property assets is necessary for several reasons: a) The spatial location of real estate properties leads to the fragmentation of the real estate sector into an aggregate of markets. In such markets, the lack of exact information on the real properties composing them acts as a barrier to entry that may have negative effects on demand. In this respect, the adoption of common criteria for the description and valuation of the real estate properties would play an essential role in order to overcome the barriers stemming from the geographical location of real estate properties. b) The standardisation of information on real estate properties is also necessary for the globalisation and mobility of demand within the real estate sector, as a result of the increasing geographical disconnection between the property required and the residence of the property seeker. We can clearly see this situation in areas of strong supply/demand for properties, of a tourist nature or for elder people, who choose countries different from their countries of origin to reside in. The study analyses the different description and identification systems of real estate properties in different countries, looking for the necessary connections in order to achieve a unification of criteria. In that respect, the creation of an international property record, which allows a quick exchange of information on real estate properties, is suggested.

Suggested Citation

  • Antonio J.Jimenez Clar, 2001. "The Real Estate Information : A way to standardization," ERES eres2001_188, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2001_188
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2001-188
    Download Restriction: no
    File URL: https://eres.architexturez.net/system/files/pdf/eres2001_188.content.pdf
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2001_188. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.