COMPARISON_OF_REAL_ESTATE_IN_LIBERIA_AND_THE.pptx

This is the comparison between Liberia and America in term of real Estate

1. UNIVERISTY OF LIBERIA FENDELL CAMPUS COLLEGE OF ENGINEERING GENG-211 SECTION -2 TOPIC: MARKETING OF REAL ESTATE IN LIBERIA AND U.S.A AUTHOR NAME: SIAFA FAHNBULLEH ID #: 82113 DATE OF SUBMISSION: AUGUST 2, 2018

2. TABLE OF CONTENTS COMPARISON OF REAL ESTATE IN LIBERIA AND THE UNITED STATES - - 1 EXECUTIVE SUMMARY - - - - - 2 ABSTRACT - - - - - - 3 SOME PROBLEMS REAL STATE OWNERS ARE FACED WITH IN LIBERIA 4 EXAMPLES OF REAL ESTATES IN LIBERIA ALONG WITH PRICES - 5 MARKETING OF REAL ESTATES IN THE UNITED STATES OF AMERICA 6 SOME PRICES OF REAL ESTATE IN THE U.S - - - 7 RECOMMENDATION - - - - - 8 CONCLUSION & REFERENCE - - - - 9

3. COMPARISON OF REAL ESTATE IN LIBERIA AND THE UNITED STATES OF AMERICA MAKING RECOMMENDATION AS TO HOW LIBERIA WOULD LEARN FROM AMERICA AND AMERICA LEARN FROM LIBERIA 1

4. EXECUTIVE SUMMARY REAL ESTATE GENERALLY REFERS TO LAND INCLUDING ALL ATTRIBUTES AND IMPROVEMENTS PERMANENTLY ATTACHED TO THE LAND RESIDENTIAL (WHERE ONE LIVES) AND COMMERCIAL (SUCH AS A BUSINESS). DEMAND FOR REAL ESTATE IS DRIVEN BY POPULATION GROWTH, PERSONAL, INCOME, EMPLOYMENT RATE, INTEREST RATES, AND ACCESS TO CAPITAL. THE PROFIT OF INDIVIDUAL COMPANIES DEPENDS ON PROPERTY VALUES AND DEMAND. REAL ESTATES COMPAINES ALSO RELY ON THE SUPPLY OF IVEETMENT CPAITAL LARGE COMPANIES HAVE COMPETITIVE ADVANTAGES BASED ON THEIR FINANCE RESOURCES AND THEIR GEOGRAPHIC REACH. SMALLER COMPAINES CAN COMPLETE EFFECTIVELY BY FOCUSING ONLOCAL OR REGIONAL MARKETS. 2

5. ABSTRACT THE MARKETING OF REAL ESTATE IN LIBERIA BUYING AND SELLINGOF REAL ESTATEOR PROPERTY IN LIBERIA IS A TEDIOUS EXERCISE REQUIRING, DELIGENCE, THE RIGHT RESORUCES AND PEOPLE CONNECTION, AND A PRE;IMINARY UNDERTANDING OF LIBERIA’S UNCOVENTIONAL PROPERITY EXCHANGE PRACTICES. REAL ESTATE BUYER IN SEARCH OF FEW LOTS OF PRIVATE LAND IN LIBERIA TO ESTABLISH A HOME, THE SUITABLE RECOURSE OLD AGE METHOD FOR GATHERING INFORMATION FROM NEIGHBORING REAL ESTATE OWNERS OR COMMUNITY DWELLERS FOR THE PURPOSE OF GETTING SUFFICIENT IN INFORMATION AS RELATING TO ACTUAL REAL ESTATE OWNER. IN LIBERIA, THE PRICE OF REAL ESTATE VARIES DEPENDING ON THE AREAS COSTLY THAN RURAL AREAS, SUCH AS MONROVIA AND ITS IMMEDIATE SURROUNDINGS. 3

6. SOME PROBLEMS REAL ESTATE OWNERS ARE FACED WITH IN LIBERIA NO FORMAL PUBLIC OR PRIVATE MEDIUM WHERE REAL ESTATE WHERE CAN ADVERTISE THEIR PROPERTY, NO PROFESSIONAL OVERSIGHT AGENCY PROVIDING STANDARDS FOR FEED PRICING, GUIDELINES FOR ETHICAL CONDUCT AND A FORUM FOR SETTLING REAL ESTATE DISPUTES, SIGNIFICATLY, AS A BUYER OR SELLER OF REAL ESTATES IN LIBERIA YOU ARE ON YOUR OWN. 4

7. EXAMPLES OF REAL ESTATES IN LIBERIA ALONG WITH PRICES Casa Luna Liberia, Liberia, Guanacaste $350,000 USD 4 Apartments in Liberia City - 3 Blocks from Main Street, Liberia, Guanacaste $420,000 USD Lote de la Carreta , Liberia, Guanacaste $2,329,008 USD 5

8. MARKETING OF REAL ESTATES IN THE UNITED STATES OF AMERICA THE YEARS 2007-2009 PROVED TO BE A HISTORICAL EVENT FOR AMERICAN HOUSING. DURING THIS TIME, THE US REAL ESTATE NETWORTH DECLINE BY NEARLY 13TRILLION AMOST 30 T0 50 PERCENT REDUCTION FROM THE PREVIOUS YEARS. THE UNITED STATES HAS ALWAYS BEEN CALLED THE “LAND OF OPPORTUNITY”. THAT’S ESPECIALL TRUE WHEN IT COMES TO REAL ESTATE INVESTMENT. IN THE U.S RESIDENTIAL AND COMMERICAL REAL ESTATE REMAINS BRODLY AND POSITVE DESPITE SOME PRINCESS WEAKENESSES IN THE RESIDENTIAL REAL ESTATE, THERE LIFTH SIGNS OF FINANCIAL DISTRESS AMONG REAL ESTATE AND A POSITIVE EMPLOYMENT SITUATION. 6

9. SOME PRICES OF REAL ESTATE IN THE U.S Discovery Manor, Resort-Style Compound $ 35,000,000 USD Widerange land view $3,000,000 USD 7

10. RECOMMENDATION HOW THE UNITED STATES OF AMERICA CAN LEARN FROM LIBERIA? REDUCTION IN HIGH TRANSACTION COST OF REAL ESTATE. REAL ESTATES SHOULD HAVE HIGH LIQUIDITY. LIABILITIES REDUCTION ON REAL ESTATE HOW LIBERIA CAN LEARN FROM THE UNITED STATES OF AMERICA? THERE SHOULD BE FORMAL PUBLIC OR PRIVATE MEDIUM WHERE REAL ESTATE OWNERS CAN ADVERTISE THEIR PROPERITIES. THERE SHOULD BE PROFESSIONAL OVERSIGHT AGENCY PROVIDING STANDARDS FEE PRICING, GUIDELINES FOR ETHICAL CONDUCT AND A FORUM FOR ARBITRIANG REAL ESTATE DISPUTES. THE GOVERNMENT SHOULD SERVE AS MEDIATOR BETWEEN BUYERS AND SELLERS. 8

11. CONCLUSION IN COMPARING THE MARKETING OF REAL ESTATES OF LIBERIA AND THAT OF THE UNITED STATES HAVE BEEN PRESENTED AND DISCUSSED IN THIS REPORT. IN LIBERIA, BUYING AND SELLING OF REAL ESTATE IS A DIFFICULT EXCERISES REQUIRING DILIGENCE, THE RIGHT RESORUCE AND PEOPLE CONNECTION, AND A PLANNINRY UNDERSTNDING OF LIBERIAN’S UNCONVENTIONAL REAL ESTATE EXCHANGE PRACTICES. IN LIBERIA THE PRICE OF REAL ESTATE VARIES DEPEND ON THE LOCATION OF THE REAL ESTATE. AREAS OF HIGH PRICE OF REAL ESTATE IN LIBERIA IS MONROVIA AND ITS IMMEDIATE SURROUNDINGS. IN THE UNITED STATES OF AMERICA HAS ALWAYS BEEN CALLED THE LAND OF OPPORTUNITY. THAT’S ESPECIALLY TRUE WHEN IT COMES TO REAL ESTATES INVESTMENTS. IN THE U.S, RESIDENTIAL REAL ESTATE, THERE ARE LITTLE SIGNS OF FINANCIAL DISTRESS AMONG REAL ESTATE OWNERS, DUE TO THE RELATIVE AFFORABILITY OF REAL ESTATE AND A POSITIVE EMPLOYMENT SITUATION. REFERENCE: LIONEL BERNARD (THE PERSPECTIVE) GRAYSTONE REAL ESTATE COMPANY 9