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Influence of Developers′ Characteristics on Real Estate Agency Appointments: For Marketing in Singapore

Low Sui Pheng (Senior Lecturer at the School of Building and Estate Management, National University of Singapore.)
Kee Siang Hoe (General Manager of the Hospitality Division, Citrus Grove Property Pte Ltd, Singapore.)

Marketing Intelligence & Planning

ISSN: 0263-4503

Article publication date: 1 December 1994

1239

Abstract

For real estate agency firms to market their services successfully they would need to understand the factors which motivate developers to engage them for their services. Examines the factors which motivate developers to appoint their marketing agents. Four categories of motivational factors could be identified for this study. These are the internal factors, external factors, characteristics of the development and characteristics of the marketing agents. From the groupings, a total of 21 sub‐factors were subsequently derived and tested against a random sample of 58 property developers in Singapore in a survey. These developers were classified further into the following categories which typify their characteristics: controlling interest; listed/non‐listed company; sale/lease decisions; and size of paid‐up capital.

Keywords

Citation

Sui Pheng, L. and Siang Hoe, K. (1994), "Influence of Developers′ Characteristics on Real Estate Agency Appointments: For Marketing in Singapore", Marketing Intelligence & Planning, Vol. 12 No. 11, pp. 4-15. https://doi.org/10.1108/02634509410071774

Publisher

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MCB UP Ltd

Copyright © 1994, MCB UP Limited

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