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Business Technology Strategy for a Major Real Estate and Mortgage Brokerage Company

Business Technology Strategy for a Major Real Estate and Mortgage Brokerage Company
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Author(s): Charlton Monsanto (Villanova University, USA)and Stephen J. Andriole (Villanova University, USA)
Copyright: 2010
Volume: 3
Issue: 3
Pages: 11
Source title: Journal of Information Technology Research (JITR)
Editor(s)-in-Chief: Wen-Chen Hu (University of North Dakota, USA)
DOI: 10.4018/jitr.2010070104

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Abstract

RealProp1 is a large real estate and mortgage brokerage that’s at the forefront of the emerging digital real estate industry. For many years, the company maintained an in-house technology staff, but more recently it sought new leadership to accelerate its digital investments and to explore alternative sourcing models. In this regard, the company plans to respond to new challenges that the industry is presenting as it evolves from a relatively predictable transaction model to one increasingly defined by the Internet. A phased strategy was developed that first stabilized the existing technology environment and then more strategic technology investments were made.

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