DESIGN AND IMPLEMENTATION OF USERS
APPLICATION SOFTWARE FOR REAL ESTATE MANAGEMENT PRACTICE
ABSTRACT
This
study was carried out to appraise the role of design and implementation of
users application software for estate management or real estate practice, it is
obvious that the society cannot exist without land, which is the bases for
estate practice, and among the four factors of production, land is the most
important, because every other factors exist on land. In chapter one of this
study, we are going to look at the introduction of estate management or real
estate practice, while chapter two, which is literature review will deal with
the concept of estate management, types of real estate, Nigerians real estate sector
and government control mortgages in estate management and the problem of
Nigerian estate management development. Chapter three will be based on system
design and analysis of the current system, mode of data collection and problem
of the existing system. Chapter four of this study will be concerned about
system implementation and maintenance and program flowchart and finally chapter
five, will deals with the summary, conclusion and recommendation.
CHAPTER ONE
1.1
INTRODUCTION
1.2 BACKGROUND OF STUDY
Real
estate has continued to play a significant role in man’s evolution. It is not a
coincidence that food, shelter and clothing believed to be the three essentials
that sustain mankind, also have some linkage to land. Food grows out of land
while shelter is affixed to it, and man’s clothing is made largely from what
grows out of land. Indeed, whether in ancient times or today’s modern system
land constitutes a significant index for man’s wealth and as economic
activities have assumed more sophistication over time, land has continued to
play a central role in their development. There is hardly any business venture
that does not require to be supported by some form of real estate or estate
management, from the small business that requires real estate as offices from
where its business can be organized, to the major venture that needs it for its
factory. Economics and management studies have long established that production
is dependent on four factors, out of which land is one, along with labour,
capital and entrepreneur. It therefore simply stands to reason that to be true
to his professional responsibility every commercial/business lawyer ought to
have a proper grasp of estate management practice or real estate law. The
client needs advise on this in one form or the other, for land.
Elementary
economics teaches us that where there is a lot of demand, prices are bound to
go up. What has further complicated the graph is the fact that, although a
natural endowment, land is not finite. It accounts for only 20% of the whole
surface of the earth. Consequently, against this backdrop major economics,
through some very robust and well thought out land policies comprehensively
address challenges they encounter in the real estate sector. This is not
exactly our situation here in Nigeria and the result is that there is a myriad
of problems in our real estate sector. Only very recently the minister of the
federal capital territory announced the withdrawal of certificates of occupancy
in the federal capital territory. Whether for good or bad, this is not intended
have to pass judgment over this ministerial pronouncement. Rather, the aim is
to draw attention to, and highlight some of the problems that are encountered
in our estate management sector. In the course of this paper, the phrases “real
estate”, “estate management” and “land” will be used interchangeably. After
all, although not exactly synonymous, yet in its connotations, real estate
means some connection to land.
The
study, computer application in estate management practice in Nigeria, will be
restricted to the real estate practice profession. Estate management is the
direction and supervision of an interest in landed property. Landed property in
this context includes real estate, which connotes property that is not
moveable, such property includes land, building, structures, and river basin
etc. computer evolved from the ancient use of counting with sticks, the use of
the abacus, calculators and later, other form of electric computer. This
project however be concerned with modern computer with such applications as the
micro processor, e-mail, internet. The study covers such estate management
function as property search etc.
1.3 STATEMENT OF PROBLEM
Estate
management exists for the purpose of achieving certain goals and objectives, we
therefore to know? What role computer plays in real estate practice? What are
the benefits of computers applications in real estate practice in Nigeria? What
is/are the relationship between computer application and real estate practice?
1.4 SIGNIFICANCE OF STUDY
The
purpose of this study is to examine the contributions, the application of
computers in the estate management profession we have on real estate practices
it is proper to accept that real estate will climb to a height with judicious
and effective use of the computer. Hence, this study is committed to accept
that real estate will climb to a height with judicious and effectives to
examine the following-
Whether
firms where computers are deployed enjoy greater satisfaction by way of
increase of property sales, letting, purchases. To know whether with the use of
computer, if time, money is conserved and efficiency are actually in property
market transaction. To know what stage in property market, computers can be
used.
1.5 OBJECTIVE OF THE STUDY
It
has been discovered over the years that in the property market (real estate)
many have not availed themselves of the opportunity the computer offers.
Besides, only very few people dare to investigate into this amorally. This is
why this study is to bridge the gap and create more awareness and adaptability
into the use and sustenance of computer application in real estate. Will in no
small measure enhance the efficiency of service to customers and the role to
the entire society.
1.6 SCOPE OF STUDY
This
study shall deal with the application of computer in real estate in the
property market. It will cover the concept of computer, area of computer in
real estate, different area of real estate practice will be highlighted and we
shall know the percentage of real estate firm who make use of computer and how
they carry out their function using the computer.
1.7 LIMITATION AND DELIMITATION OF THE STUDY
Real
estate types can be categorized as follows-
1. Agriculture real estate: These are used for the cultivation
of crops and rearing of animals, example, farm land, farm houses, rancher,
orchard etc. These factors that may affect the value of agricultural properties
are.
2. Availability of nearby market where
the farm produces will be disposed off.
3. The topography of the land and
climate of the district
4. The size of the holding. Generally a
smaller farm will yield a high next per hectare than a large one.
5. National features such as types and
condition of the soil, level of the water table, and the type or condition of
hedges.
6. The condition of fences and approach
roads and efficiency of land drainage.
7. Availability of services such as
water supply to the main drainage and electricity to farm building.
8. Industrial real estate: In this category are every class of
property primarily used for the production of goods and service, example
factories and warehouse. Location in relation to transport system availability
of labour, market, and raw materials are important factors including-
1. Construction condition and
facilities of the building example car parking etc.
2. The general layout of the buildings.
The building should have good facilities for delivery and dispatch of goods,
storage and handling.
3. Provision of facilities for
employees such as car parking, canters and social areas (e.g. bars and games
centre)
9. Residential real estate: They are classes of building that
provide living accommodations for people. They include living flats, duplex,
missonatte, bungalows, detached house, tenement building etc. They can be found
in urban and rural areas, some of those properties which are found in urban
slums and in some rural settings constitute the poorest living conditions
because they lack modern amenities. Consequently, they are subject to create
control by the government especially in urban center.
10. Commercial real estate: They are let or develop purely for
commercial purpose and their value depends on their locations rather than on
the building or on the lease. Hence, the properties which are located in the
center of cities or towns are regarded as very secure investment with evidence
of capital appreciation. The management involve little difficulty because the
business tenants meet their obligations.
Nevertheless,
decline in the economic values of central areas and consequent charges in the
transport system often off-set the locational value of commercial properties.
Commercial properties comprise a lot of shops and department stores, petrol and
service garage market and market stores, trade fair, site etc.
1. Recreation real estate: For example, amusement parks,
relaxation spots and old spaces, tourist centers, hotels, game reserves, clubs
and museums. Their attributes affect values through facilities provided, size
etc.
2. Special real estate: The special properties are variety
of properties whose income depends wholly on the use and efficiency of their
business management some of those properties such as that provide boarding
facilities have speculative income while others such as entertainment
properties have fluctuating income due to ragged in their functions. They
composed of hotels, restaurants, public premises, theatres, finished apartment
and other specialized apartment.
Property: This include real property i.e land, building, estate. It
is the bundle of rights and benefits derived from something owned to the
exclusion of all other persons.
Market:
A network of dealing in any factor or product between buying and selling.
Computer: A device or calculating machine which caries out a wide
variety of operations under the control of a set of instructions (called
programs) stored in its memory.
Estate:
A legal entity denoting the character and quality of lights that an owner
posses in a landed property.
Management: The science of organization and operations or at the
practice level, act of directing and conducting affairs.
Software: Any program or group of instructions, which can be used to
control a computer and its associated hardware to carry out tasks.
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