Compose a 1500 words assignment on process of the russian real estate purchase. Needs to be plagiarism free! The practical process of making a decision is sophisticated and could be understood and researched within the four factors that impact on business, which are a risk, interest rates, inflation, and government involvement. Russian real estate purchases were discussed according to this form of the model, Porter’s model, the funnel of purchase, and the general concept on real estate business. The study was extended by the findings got during the interview with the director and sales team at CIC Gletcher together with frequent customers for the same organization. Interviews proved some of the aspects, which were covered in a theoretical segment and also disclosed new, key, and interesting points of view, which were not taken into account previously.
There are following findings as far as factors impaction on the decision making process in the situation of Russian real estate purchase. On top of all the findings, there was a common finding that was articulated by all the interview respondents. The finding indicates that the decision journey in Russia is different from that in the UK, or even the rest of the world. In Russia customers mostly contact the company themselves and let the company understand their preferences. After that, the company arranges a decent location according to the preference indicated by the customer. It becomes vital for both the company and the consumer to be careful in every subsequent step from this point. A customer, in Russia, will always come to a company with a distinct mindset. It is therefore upon the company to study thoroughly the preferences and desires of the customer in order to make a successful deal. This involves identifying the demand and supply in the real estate market, the equilibrium thereof (Dent, Patrick and Xu 12-15). This can only be understood by categorizing the customers as they affect the demand and supply equation. For instance, customers can be as an owner (tenant), pure investor, renter and facilitator.