Real Estate Information Systems. 3 credits, 3 contact hours

Catalog description

Restrictions: Sophomore standing. This course will provide a comprehensive overview of the various types of internal (endogenous) information systems used by today's leading real estate companies to operate effectively and efficiently. The course will take a micro approach to the application of technology within a real estate company to support business operations and managerial decision-making. This focus contrasts with taking a macro view of the industry and the role emergent technologies and innovations play in driving competition, new businesses, and new market opportunities. Information systems are used by all functioning departments and are designed to support the property management, construction, acquisition, and tenant lifecycles that real estate companies manage. This is in addition to traditional business processes that take place daily. These systems and their uses will be evaluated to see how they are integrated and used to support various business processes that flow across departments and organizations. Students will learn to identify these various systems, identify the data used, and develop dashboards and processes to aid management decision-making. The focus is on understanding concepts as opposed to implementing the actual computer processes that implement the concepts.