Residential seeking considerations: input from real estate agents

• Main Author: Lim, Xin Way
• Format: Final Year Project / Dissertation / Thesis
• Published: 2024
• Subjects: H Social Sciences (General); HD Industries. Land use. Labor
• Online Access: http://eprints.utar.edu.my/6543/1/UKMZ3036_FYPReport_Lim_Xin_Way.pdf; http://eprints.utar.edu.my/6543/

This study explores the elements that influence residential hunting behavior from the viewpoint of real estate agents, with the objective of providing useful insights to housing market stakeholders. In-depth interviews with 20 real estate agents in Kuala Lumpur, Malaysia, were conducted to gather data using a qualitative technique. Thematic analysis identified six major categories of consideration: convenience and accessible amenities, financial considerations, neighborhood safety and security, property maintenance and structural integrity, optimal living environment, and stakeholder trustworthiness and accountability. The research underscores the importance of these elements in influencing housing choices, as well as the necessity for flexibility and adaptability in real estate activities. The findings indicate that, although financial constraints remain a significant concern for house buyers, other considerations such as public transit accessibility and artistic tastes also play an important influence. The findings help to deepen our knowledge of residential seeking behavior and have practical consequences for real estate professionals, politicians, and other stakeholders.