Computer Science

Design and Implementation of Users Application Software for Real Estate Management Practice

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, society cannot exist without land, which is the basis for estate practice, and among the four factors of production, the land is the most important, because every other factor exists 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 a 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 the 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 deal 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 the shelter is affixed to it, and man’s clothing is made largely from what grows out of the 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 labor, 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 advice 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, the 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 announce the withdrawal of certificates of occupancy in the federal capital territory. Whether for good or bad, this is not intended to 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 the 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 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, another form of electric computer. This project however is concerned with a modern computer with such applications as the microprocessor, e-mail, internet. The study covers such estate management functions as property search etc.

1.3 STATEMENT OF PROBLEM

Estate management exists to achieve certain goals and objectives, we therefore to know? What role does the computer play in real estate practice? What are the benefits of computers applications in real estate practice in Nigeria? What is/is 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 accepting that real estate will climb to a height with judicious and effective to examine the following-

Whether firms, where computers are deployed, enjoy greater satisfaction by way of increase of property sales, lettings, purchases. To know whether with the use of a computer, if time, money is conserved and efficiency are actually in property market transaction. To know what stage in the 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 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 applications 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 computers in real estate in the property market. It will cover the concept of a computer, area of computer in real estate, a 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-

Agriculture real estate: These are used for the cultivation of crops and rearing of animals, for example, farmland, farmhouses, rancher, orchard, etc. These factors that may affect the value of agricultural properties are.

Availability of nearby markets where the farm produces will be disposed of.

The topography of the land and climate of the district.

The size of the holding. Generally, a smaller farm will yield a high next per hectare than a large one.
National features such as types and conditions of the soil, level of the water table, and the type or condition of hedges.

The condition of fences and approach roads and efficiency of land drainage.
Availability of services such as water supply to the main drainage and electricity to farm building.
Industrial real estate: In this category are every class of property primarily used for the production of goods and services, for example, factories, and warehouses. Location about transport system availability of labor, market, and raw materials are important factors including-

Construction condition and facilities of the building example car parking etc.
The general layout of the buildings. The building should have good facilities for delivery and dispatch of goods, storage, and handling.

Provision of facilities for employees such as car parking, canters and social areas (e.g. bars and games center)

iii. Residential real estate: They are classes of buildings that provide living accommodations for people. They include living flats, duplex, Bissonnette, bungalows, detached houses, tenement buildings, etc. They can be found in urban and rural areas, some of those properties which are found in urban slums and 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 centers.

Commercial real estate: They are let or developed purely for commercial purposes and their value depends on their locations rather than on the building or the lease. Hence, the properties which are located in the center of cities or towns are regarded as a very secure investment with evidence of capital appreciation. The management involves little difficulty because the business tenants meet their obligations.

Nevertheless, the decline in the economic values of central areas and consequent changes in the transport system often offset 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.

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.

Special real estate: The special properties are a 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 are composed of hotels, restaurants, public premises, theatres, finished apartments, and other specialized apartment.

DEFINITION OF TERMS

Property: This includes 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, the 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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