Factors Influencing Real Estate Agents Selection: A Survey of Real Estate Customers in Kumasi Metropolis, Ghana
Journal of Investment and Management
Volume 4, Issue 2, April 2015, Pages: 68-72
Received: Jul. 15, 2015; Accepted: Jul. 24, 2015; Published: Aug. 11, 2015
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Authors
Owusu Alfred, School of Business and Management Studies, Kumasi Polytechnic, Kumasi, Ghana
Anthony Kofi Badu, Department of Communication Design, Kwame Nkrumah University of Science and Technology, Kumasi – Ghana West Africa
Nicholas Oppong Mensah, Institute of Distance and Continue Education, Kwame Nkrumah University of Science and Technology, Kumasi – Ghana West Africa
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Abstract
Real estate is a special type of asset that almost everyone desire to own. It is a complex and highly differentiated asset, with no two units precisely identical in all respects. Real estate investment involves huge sum of money often beyond the reach of a single individual. For most estate owners, real estate is probably their single largest channel investment. It is therefore necessary that one makes the right choice on whom to handle ones single largest financial investment. This study attempt to investigate into factors that real estate customers consider in selecting their estate agents in Kumasi Metropolis, Ghana for the purpose of creating better customer satisfaction in real estate agency market. The data collection instrument adopted for this study was self-administered questionnaires. The study sample consisted of two hundred and three (203) real estate consumers in Kumasi metropolis. A survey of 203 real estate consumers revealed the factors influencing the selection of real estate agents in the study area. The study found out that real estate consumers are mostly concern about agent’s reputation when deciding on the choice of whom to handle their probably single largest investment. The study also found that 75 representing 37% of the study population employs the services of real estate agents in order to maximize returns on their investment
Keywords
Real Estate Consumers, Consumers’ Satisfaction, Consumers’ Perception, Service Quality
To cite this article
Owusu Alfred, Anthony Kofi Badu, Nicholas Oppong Mensah, Factors Influencing Real Estate Agents Selection: A Survey of Real Estate Customers in Kumasi Metropolis, Ghana, Journal of Investment and Management. Vol. 4, No. 2, 2015, pp. 68-72. doi: 10.11648/j.jim.20150402.12
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