Housing industry

from Wikipedia, the free encyclopedia

The housing industry is an industry that deals with the production, financing, management and marketing of real estate . The housing industry is a branch of the real estate industry .

Actors in the housing industry

The actors in the housing industry can be divided into several groups:

Housing company

Housing companies manage and manage their own housing stocks. The size of housing companies is primarily given as the number of managed apartments (WE = residential units). Typical housing companies manage inventories in the order of several thousand units, large companies in the order of tens of thousands of units. The primary business activity is the administration of rental apartments , the sales revenues are therefore predominantly rental income (target rent and operating costs ). In addition, apartments are sold in the form of owner-occupied apartments . It is true that residential units are spoken of, but also managed units such as B. parking spaces, garages, basement rooms, advertising space, etc. In short, everything that can be rented and is immobile.

Property management

Property managers manage and manage the housing stocks of third parties. One speaks here of external administration or fiduciary property management. The managed residential properties are either rental apartments (mostly in houses of private owners) or condominiums . Property managers are therefore administration service providers for owners. They generate their revenues from fees for their administrative activities ( administrator fee ).

Private homeowners

Private homeowners who use their residential properties for their own needs only appear in the housing industry if they are building owners.

Housing associations

Housing companies and property managers are organized in various interest groups. The most important associations at federal level are:

literature

  • Egon Murfeld: Specialized business administration in the real estate and housing industry. 2nd Edition. Hamburg 1997, ISBN 3-87292-046-4 .
  • Helmut W. Jenkis: Compendium of the Housing Industry . 3. Edition. Munich 1996, ISBN 3-486-23300-9 .
  • Sabine Lang: Housing Asset Management: Development Potential in the Housing Industry. 1st edition. Saarbrücken 2006, ISBN 3-86550-692-5 .