• Title/Summary/Keyword: Estate Planning

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Management Innovation of Real Estate Business using Six Sigma Methodology: Strategy Planning and Critical Success Factors (6 시그마 방법론을 활용한 부동산업 경영혁신: 전략수립과 핵심성공요소 도출을 중심으로)

  • Lee Young Suk;Park Sung Hyun;Cho Byung-Jun
    • Journal of Korean Society for Quality Management
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    • v.32 no.3
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    • pp.216-233
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    • 2004
  • The real estate management includes not only the brokerage, property management, development, investment and consulting which are related to real estate handling, but also the human resources who deal with the real estate business. The level of management quality of Korean real estate business is rather poor. This paper deals with management innovation of real estate management using Six Sigma methodology The main focus of this Paper is to develop strategy Planning, and is to select critical success factors for each strategy to make an advanced management system for real estate business. This paper is a case study, and the target company for this innovation is ERA-Korea Company. Seven strategies are proposed, and for each strategy several critical success factors are suggested. Through this case study, the authors hope that a management quality model for real estate business is proposed, and an improved management method can be adopted in the other real estate companies.

The Development of Planning Model for a Sustainable Housing Estate (지속가능한 주거단지 계획모형 개발)

  • 박원규
    • Journal of the Korean Institute of Landscape Architecture
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    • v.30 no.5
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    • pp.39-54
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    • 2002
  • There have been endeavors for sustainable development all over the world after the Rio World Summit and the idea of sustainable development has become common paradigm. Now, Korea has come to a situation where we need to apply the concept of sustainable development inevitably. Especially housing estate development must be preliminary change for sustainable development. Therefore, the objectives of this study were to establish sustainable planning element system of housing estate, and to propose a sustainable planning model compatible with the Korean situation. The scope of this study focused on typical multi-family housing estates in Korea and the environmental sustainable planning model. The model was developed from the evaluation of the important level and extra costs of planning elements for sustainable development of housing estate. The important level of planning principles and elements was analyzed by conducting a survey to experts. As the results of this study, four planning section ('land use and transport', 'pollution and waste', 'energy', and 'natural resource') and twelve planning items were identified. Twenty-one planning principles and fifty-five planning elements were found. Synthetically, the sustainable planning element system is composed of four planning sections, twelve planning items, twenty-one planning principles, and fifty-five planning elements. Based on survey to experts, $\ulcorner$The short-term strategic model$\lrcorner$ was developed for the social implosion of sustainable development, which is composed of ten basic elements, eighteen necessary elements, twelve optional elements, and seven arbitrary elements. $\ulcorner$The long-term future model$\lrcorner$was developed for application to from 10 to 15 years later. It is composed of fifteen basic elements, thirty-three necessary elements, and seven optional elements. The planning model proposed by this study can be used as a prototype for the development of a sustainable housing estate and can provide a practical tool for developers and planners who are not familiar with the concept of sustainable development.

The Connection System through Environmental Analysing Factor-Plan Element-Control Element-Valuation Index to Improve the Sustainability in Ecological Housing Estate (생태주거단지의 지속가능성제고를 위한 계획요소-제어요소-평가지표 연계시스템 (에너지 계획분야를 중심으로))

  • Seo, Dong-Koo;Oh, Deog-Seong
    • Journal of the Korean Society of Industry Convergence
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    • v.11 no.2
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    • pp.49-58
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    • 2008
  • This study aims to identify the structure and system to make close relationship among planning elements, legal regulation and evaluation index toward sustainable development in the ecological housing estate. Through these close relationships the ecological housing estate could get more sustainability. With this consideration, this study consists of following three parts. First, we review the key issues of sustainability in ecological housing which are focused on the energy-efficient planning. Second, we extract the planning elements, legal regulation and evaluation index using the qualitative system dynamics that is found out all phenomenons from viewpoint of closed loop thinking and circular feedback system. Third, we analyse the correlationship among them in terms of energy efficient planning in the ecological housing estate. Finally, we summarize the findings toward sustainability in ecological housing estate through these analysis.

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A Study on the Importance Analysis of Environmentally-Friendly Planning Factors Using Analytic Hierarchy Process (계층분석법을 이용한 환경친화 계획요소의 중요도 분석에 관한 연구)

  • 류지원;김정환;정응호
    • Journal of Environmental Science International
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    • v.12 no.9
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    • pp.897-903
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    • 2003
  • This study focuses on importance level analysis of environmentally-friendly planning factors using Analytic Hierarchy Process(AMP). This study verify different planning principle makes comparison matrix by a relative comparison value, verified consistency after yield weight to analyze more objective importance for apartment complex estate environmentally-friendly planning factor. In order to decide importance of apartment complex estate environmentally-friendly planning factors multiplying weight of verified planning principle with weight of planning factors. The results are as follows; First, importance of preservation of green tract of lands, Preparation of Biotop, Tree planting of sites, Propriety of development density high except Circulation and practical use of water. Next, valued planning factors constituent appeared to Energy efficient building plan, Rubbish recycling, thermal utilization of solar energy, Artificial tree planting of buildings etc. importantly. Finally, plan constituent that importance is underrated most appeared by Practical use of building materials and equipment, Centralization of energy and resources, Preservation of corridor etc.

A Study on the Index Estimation of Missing Real Estate Transaction Cases Using Machine Learning (머신러닝을 활용한 결측 부동산 매매 지수의 추정에 대한 연구)

  • Kim, Kyung-Min;Kim, Kyuseok;Nam, Daisik
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.1
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    • pp.171-181
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    • 2022
  • The real estate price index plays key roles as quantitative data in real estate market analysis. International organizations including OECD publish the real estate price indexes by country, and the Korea Real Estate Board announces metropolitan-level and municipal-level indexes. However, when the index is set on the smaller spatial unit level than metropolitan and municipal-level, problems occur: missing values. As the spatial scope is narrowed down, there are cases where there are few or no transactions depending on the unit period, which lead index calculation difficult or even impossible. This study suggests a supervised learning-based machine learning model to compensate for missing values that may occur due to no transaction in a specific range and period. The models proposed in our research verify the accuracy of predicting the existing values and missing values.

Advantage of Online Platform of the Real Estate and Its Marketing Strategy

  • Samha, HA;Jaewoong, WON
    • The Journal of Industrial Distribution & Business
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    • v.14 no.3
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    • pp.1-8
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    • 2023
  • Purpose: One of the eldest businesses in the realm is the real estate market and it has been dominated by offline sales and marketing tactics for decades. However, the home-buying process today is made simpler and more effective for purchasers thanks to internet platforms. This study is to investigate in terms of advantage of online platform of the real estate and its marketing strategy. Research design, data and methodology: For checking and collecting proper literature resources, content literature investigation used and it would be fitted for this research based on numerous prior studies in the realm of marketing strategies and online platforms of real state. Results: Online real estate platforms provides the availability of a broad range of properties for buyers and sellers, and connects buyers and sellers with nearby real estate mediators and agents. Finally, we figured out that utilizing real estate agents might have a huge positive impact on real estate agents. Conclusions: As online platforms become increasingly popular for real estate professionals, practitioners must be aware of the changes in technology and the resulting implications for how they market and sell property. Future research should explore the effect of online platforms on customer satisfaction and the overall accomplishment of real estate businesses.

Comparison of Machine Learning Analysis on Predictive Factors of Children's Planning-Organizing Executive Function by Income Level: Through Home Environment Quality and Wealth Factors

  • Lim, Hye-Kyung;Kim, Hyun-Ok;Park, Hae-Seon
    • Journal of People, Plants, and Environment
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    • v.24 no.6
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    • pp.651-662
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    • 2021
  • Background and objective: This study identifies whether children's planning-organizing executive function can be significantly classified and predicted by home environment quality and wealth factors. Methods: For empirical analysis, we used the data collected from the 10th Panel Study on Korean Children in 2017. Using machine learning tools such as support vector machine (SVM) and random forest (RF), we evaluated the accuracy of the model in which home environment factors classify and predict children's planning-organizing executive functions, and extract the relative importance of variables that determine these executive functions by income group. Results: First, SVM analysis shows that home environment quality and wealth factors show high accuracy in classification and prediction in all three groups. Second, RF analysis shows that estate had the highest predictive power in the high-income group, followed by income, asset, learning, reinforcement, and emotional environment. In the middle-income group, emotional environment showed the highest score, followed by estate, asset, reinforcement, and income. In the low-income group, estate showed the highest score, followed by income, asset, learning, reinforcement, and emotional environment. Conclusion: This study confirmed that home environment quality and wealth factors are significant factors in predicting children's planning-organizing executive functions.

On the occasion of consultation for the proposed housing estate development projects, the substitutive development method of Agricultural Development Area within the housing estate development projects (택지개발예정지구 지정 협의시 택지개발 지구내 농업진흥지역 대체개발 방안)

  • Lee, Jae-Pyoung;Hur, In-Goo;Nam, Jang-Woo
    • Proceedings of the Korean Society of Agricultural Engineers Conference
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    • 2002.10a
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    • pp.77-80
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    • 2002
  • This research was carried out to show the method of preserving high-grade farmland or Agricultural Development Area to contribute to the self-sufficiency of food as well as promotion of industrialization and urbanization, which has reduced 22,000 ha of farmland per year during last 10 years. However, in securing housing estate areas, the farmland conservation policy conflicts with housing supply policy for demands on more comfortable dwelling life for people, which leads to serious situation in Capital Circle of living more than 50 % of total national population. Therefore, this presents the method of fulfillment both the farmland conservation policy for self-sufficiency of food and the housing supply policy for proposition of securable residential areas.

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An Importance Analysis of Planning Factors for Constructing Environmental-Friendly Industrial Estate (환경친화적 산업단지 조성을 위한 계획요소의 중요도 분석)

  • Lee, Eun Yeob;Kim, Jung Kon;Lee, Hyun Ju
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.15 no.4
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    • pp.1-11
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    • 2012
  • This study prepared the list of planning components required for constructing environment-friendly industrial complex and grasped major environment-friendly planning components by measuring the importance per each planning component via the survey for specialists. As a result of measuring the importance of planning component according to each field for constructing environment-friendly industrial complex, it is indicated that important planning components in natural environment field are establishing complex location plan considering its configuration and slope, excluding projects for steep slope-land, establishing countermeasures for reducing contaminants per its source, and separated location of contamination industry around living space. In living environment field, proposed planning components having relatively high importance are separated location of pollution causing industry, establishing energy saving land use plan, linking with green way, circulation network plan, lowering noise level at roadside, plan for separating between pedestrian and vehicle, securing parking space, extending green park and proper location, installing green buffer zone, conserving and forming landscapes, land use for raising energy efficiency, and expansion of energy source. In case of ecological environment, core planning components such as conserving upper class of ecological naturality degree, conserving main habitat, and biotope forming plan are suggested. This study is limited to find out planning components for constructing environment-friendly physical environment of industrial complex which is a part of non-production process. The approach to solve environmental problem by linking spatially production process and non-production process. There is a need to conduct follow-up study to constructing technique for environment-friendly industrial complex considering production & nonproduction process afterward.

Selectioni of the Important Evaluation Items for Development of Environmental Sustainability Indics of Housing Estate (주거단지의 환경지속성 평가지표 개발을 위한 중요 평가항목 선정에 관한 연구)

  • 박완규;안건영
    • Journal of the Korean Institute of Landscape Architecture
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    • v.26 no.3
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    • pp.225-236
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    • 1998
  • The purpose of this study is to identify the important evaluatio items for developing the environmental sustainability indices of housing estate. In this research, the principles of environmental sustainability were established on the concept of ESSD, and twenty-two evaluation items were explored on the basis of questionnaire of experts, the twenty-two items are ranked in order of iportant level and it is a appeared that 'development density' is most iportant evaluation item. In conclusion, twelve important items were selectd; 'development density', 'preservation of natural forest and topography' , 'amount of green area', 'reduction of water pollution','reuse of wastes','garbage discharge','reduction of air pollution','distribution of land use','rainwater infiltraton and preservaton of underground water','site planning for energy saving','separated collection of wastes','access to natural forest andwaters around housing estate'

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