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The real estate business relies on an extensive amount of information used in the buying and selling of real property. Most communities of real

The real estate business relies on an extensive amount of information used in the buying and selling of real

The real estate business relies on an extensive amount of information used in the buying and selling of real property. Most communities of real estate agents and brokers have formed cooperative organizations to help consolidate and distribute information on the real estate profession, real estate trends, properties in the community, historical records of property sales, and current listings of properties for sale. These organizations are usually referred to as the Community Board of Realtors. Research your local Community Board of Realtors to answer these questions: PART 1: Stakeholders (2 marks each) 6 1. Who are the stakeholders for the issues related to real estate in your community, and what are their main interests? 2. What types of information does the board collect and make available to its members and to the community? 3. Research the real estate industry. What are some of the cultural and legal issues that differ? If you were working on support for an international real estate cooperative system, in what ways would the information collection activity process be complicated?

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