Classification and selection of tenants in residential real estate: a constructivist approach
Choosing a tenant is a key issue in the housing rental market. Knowing, a priori, whether a tenant will pay the rent on time, be able to hold a good relationship with the neighbors or take care of the property (i.e. whether s/he will be a “good” tenant) is not a simple endeavor. It is crucial, howe...
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Vilnius Gediminas Technical University
2018-03-01
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doaj-e6878caa9e2a4d50a12cfdfc8fd7b0272021-07-02T01:44:41ZengVilnius Gediminas Technical UniversityInternational Journal of Strategic Property Management1648-715X1648-91792018-03-0122110.3846/ijspm.2018.317Classification and selection of tenants in residential real estate: a constructivist approachManuel B. C. B. F. Fonseca0Fernando A. F. Ferreira1Wenchang Fang2Marjan S. Jalali3ISCTE Business School, BRU-IUL, University Institute of Lisbon, Avenida das Forças Armadas, 1649–026, Lisbon, PortugalISCTE Business School, University Institute of Lisbon, Avenida das Forças Armadas, 1649–026, Lisbon, Portugal; Fogelman College of Business and Economics, University of Memphis, Memphis, TN 38152–3120, USAGraduate School of Business Administration, National Taipei University, 69, Sec 2, Jian-Kuo N. Rd, Taipei City 10433, Taiwan ROCISCTE Business School, University Institute of Lisbon, Avenida das Forças Armadas, 1649–026, Lisbon, Portugal Choosing a tenant is a key issue in the housing rental market. Knowing, a priori, whether a tenant will pay the rent on time, be able to hold a good relationship with the neighbors or take care of the property (i.e. whether s/he will be a “good” tenant) is not a simple endeavor. It is crucial, however, as it can help save time, money and conflicts that can end up in court. This study aims to address this issue, through the integrated use of cognitive maps and the Decision EXpert (DEX) technique. Grounded on a constructivist logic, the study brought together a panel of experts with experience and knowledge in the residential rental market, in order to identify and articulate the criteria to be taken into account in the classification and selection of tenants. The results achieved show that the integration of these two methodologies (i.e. cognitive maps and DEX) can help increase our understanding of the decision problem at hand, and lead to more informed and potentially better tenant choices. Advantages and limitations of the framework are also discussed. https://journals.vgtu.lt/index.php/IJSPM/article/view/317decision makingreal estate marketclassification and selection of tenantscognitive mapsdecision EXpert (DEX) |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Manuel B. C. B. F. Fonseca Fernando A. F. Ferreira Wenchang Fang Marjan S. Jalali |
spellingShingle |
Manuel B. C. B. F. Fonseca Fernando A. F. Ferreira Wenchang Fang Marjan S. Jalali Classification and selection of tenants in residential real estate: a constructivist approach International Journal of Strategic Property Management decision making real estate market classification and selection of tenants cognitive maps decision EXpert (DEX) |
author_facet |
Manuel B. C. B. F. Fonseca Fernando A. F. Ferreira Wenchang Fang Marjan S. Jalali |
author_sort |
Manuel B. C. B. F. Fonseca |
title |
Classification and selection of tenants in residential real estate: a constructivist approach |
title_short |
Classification and selection of tenants in residential real estate: a constructivist approach |
title_full |
Classification and selection of tenants in residential real estate: a constructivist approach |
title_fullStr |
Classification and selection of tenants in residential real estate: a constructivist approach |
title_full_unstemmed |
Classification and selection of tenants in residential real estate: a constructivist approach |
title_sort |
classification and selection of tenants in residential real estate: a constructivist approach |
publisher |
Vilnius Gediminas Technical University |
series |
International Journal of Strategic Property Management |
issn |
1648-715X 1648-9179 |
publishDate |
2018-03-01 |
description |
Choosing a tenant is a key issue in the housing rental market. Knowing, a priori, whether a tenant will pay the rent on time, be able to hold a good relationship with the neighbors or take care of the property (i.e. whether s/he will be a “good” tenant) is not a simple endeavor. It is crucial, however, as it can help save time, money and conflicts that can end up in court. This study aims to address this issue, through the integrated use of cognitive maps and the Decision EXpert (DEX) technique. Grounded on a constructivist logic, the study brought together a panel of experts with experience and knowledge in the residential rental market, in order to identify and articulate the criteria to be taken into account in the classification and selection of tenants. The results achieved show that the integration of these two methodologies (i.e. cognitive maps and DEX) can help increase our understanding of the decision problem at hand, and lead to more informed and potentially better tenant choices. Advantages and limitations of the framework are also discussed.
|
topic |
decision making real estate market classification and selection of tenants cognitive maps decision EXpert (DEX) |
url |
https://journals.vgtu.lt/index.php/IJSPM/article/view/317 |
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