Residential College | false |
Status | 已發表Published |
Modeling and simulating a smart information-based real estate online platform | |
Hu, Shimin; Li, Qing; Fong, S; Fiaidhi, J | |
2017 | |
Conference Name | 8TH INTERNATIONAL CONFERENCE ON ADVANCES IN INFORMATION TECHNOLOGY |
Volume | 111 |
Pages | 339-347 |
Conference Date | 12 19, 2016 - 12 22, 2016 |
Conference Place | Macau, PEOPLES R CHINA |
Publication Place | SARA BURGERHARTSTRAAT 25, PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS |
Publisher | ELSEVIER SCIENCE BV |
Abstract | We propose and study a novel O2O business model for real-estate purchases, called Information-based Real-Estate Platform (iREP in short). The new model leverages the power of Internet and mobile Apps for connecting directly the customers via a federation of human expert agents which work in a loosely coupled relation and on-demand basis. The unique features of this O2O model include: the use of mobile Apps in engaging customers together with selected agents, better resource sharing and allocation of the human agents, and relatively higher-speed of transactions by liberating the restrictions of agents. Unlike the traditional sales models where agents were dedicated to specific property agency companies, this one-stop model enables wider range of products to be marketed to all the potential buyers, leading to better matching between demands and supplies. iREP is modeled using BPR modeling tool for illustrating its model structure and the values that flow within the federation framework among the parties involved. Then the value model is subject to business process re-engineering simulation, for demonstrating how the dynamic processed are streamlined, thereby creating net values for both the developers and the end-consumers. (C) 2017 The Authors. Published by Elsevier B.V. |
Keyword | Real Estate E-commerce O2o Social Media Collaborative Economy Bpr Software Competitive Advantages |
DOI | 10.1016/j.procs.2017.06.032 |
URL | View the original |
Language | 英語English |
WOS Research Area | Computer Science |
WOS Subject | Computer Science, Information Systems |
WOS ID | WOS:000418465800046 |
The Source to Article | WOS |
Scopus ID | 2-s2.0-85029370674 |
Fulltext Access | |
Citation statistics | |
Document Type | Conference paper |
Collection | University of Macau |
Recommended Citation GB/T 7714 | Hu, Shimin,Li, Qing,Fong, S,et al. Modeling and simulating a smart information-based real estate online platform[C], SARA BURGERHARTSTRAAT 25, PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS:ELSEVIER SCIENCE BV, 2017, 339-347. |
APA | Hu, Shimin., Li, Qing., Fong, S., & Fiaidhi, J (2017). Modeling and simulating a smart information-based real estate online platform. , 111, 339-347. |
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