Comprehensive Report: Time Management in the Real Estate Industry

This report provides an in-depth analysis of time management strategies within the real estate sector. It begins by exploring the existing literature on time management, emphasizing its importance in achieving organizational goals and gaining a competitive edge. The report then details primary data collection methods, including interviews and questionnaires, and explains how these methods can be used to gather first-hand information. Following this, the report evaluates and interprets both qualitative and quantitative data collected through a questionnaire, presenting the findings to both specialist and non-specialist audiences. The analysis includes interpreting responses regarding the use of time management tools, the appropriateness of different tools like Scoro, Trello, and Asana, and the challenges faced by real estate agents. Finally, the report assesses the suitability of various approaches to information gathering, highlighting the effectiveness of both quantitative and qualitative methods in enriching data and drawing conclusions. The report concludes by referencing relevant literature to support its findings and recommendations.

TIME MANAGEMENT IN
REAL ESTATE
Table of Contents
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1. Analyse the published literature relating to a management related topic and produce a fully
referenced management report.........................................................................................................3
2. Design and deploy a range of primary data collection methods..................................................4
3. Evaluate and interpret qualitative and quantitative data and present the findings to specialist
and non-specialist audiences............................................................................................................5
4. Evaluate the appropriateness of different approaches to information gathering.........................8
REFERENCES................................................................................................................................9
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1. Analyse the published literature relating to a management related topic and
produce a fully referenced management report
According to Alonzo, Oracle International Corp, (2014), time management is an
appropriate process of strategy designing in order to manage all the business activities in proper
manner. In fact, this will help an enterprise in attaining its set objectives or goals by performing
all the organizational activities in better ways. However, large enterprises have to take various
measures and considered several facts or figures before making final decision. Basically, main
objective of time management is to handle all the necessary plans and procedures for gaining
competitive advantage at marketplace.
This strategy aids an organization in controlling probabilities of mistakes and errors by
managing things in better ways (Eraker and et. al., 2015). For example; distribute works between
various desired or eligible employees for performing their job role. On the other hand, it has been
understood that time management is not an easy task due to improper management of an
association as well as lack of planning process. Apart from this, number of various issues is
faced by an association while managing time at workplace such as; lack of cooperation between
staff members, absence of necessary resources for attaining set targets, absence of skilled
employees and many more. Therefore, an organization has to considered necessary things while
making plans for managing time at workplace.
There are number of methods are identified which are used by an organization for
accumulating necessary facts or figures in order to attain their set targets. In fact, various
techniques for gaining information is used by company in several situations so that they can
easily make appropriate plans for achieving set targets. However, accumulation of data is
classified into various parts such as; primary and secondary methods (Gruber and et. al., 2015).
Apart from this, there are some other tools are also identified which are falls under primary and
secondary such as; sampling method, stratified sampling, interview, questionnaire and many
more (Peirson and Peirson, 2014).
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2. Design and deploy a range of primary data collection methods
Primary method- Information, facts or figures which are collected through this tool are
known as first hand because this data is not yet used by any other member. In fact, this will help
in making corrective decision during time management process. As a result, company get
succeeded in minimizing the probabilities of mistakes while performing their business
operations. However, an enterprise use this method when they have to design something creative
or wanted to generate maximum revenue by satisfying customer’s needs. Basically, numerous of
methods are falls under primary method that is discussed as follows-
 Interview- As per this element, an organization can acquire necessary facts or figures by
taking interview with various members through which they want to accumulate data for
final use. However, interview might be face to face conversation and telephonic round
also. In fact, sometime it can do through video conferencing also because of advanced
facilities of IT system. Basically, things that are acquired through interview are totally
first hand because a person itself is expressing their views and opinions on specific
subject matter. Hence, this shows that data is not yet used by anyone (Andonov,Eichholtz
and Kok, 2015).
 Questionnaire- This method is all about designing an outstanding question paper in
which all the necessary questions have been mentioned for acquiring opinions from
distinct members on time management process. Furthermore, samples of questions are
distributed between selected sample sizes from large number of population in order to
analyse their viewpoints on time management problems. Along with this, by this method
company have an opportunity to ask for specific suggestion so that company can come up
with correct measures and easily resolve the issues that might incurred due to time
management problems.
Throughout the assessment, it has been understood that useful methods helps an
organization in understanding viewpoints of several members while helps an association while
making final decision. In fact, data accumulated from primary methods are very much true and
real because these are first hand (Calman and et. al., 2014).
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3. Evaluate and interpret qualitative and quantitative data and present the
findings to specialist and non-specialist audiences
QUESTIONNAIRE
Q1) According to you, can time management tools may aid an agent of
Real Estate?
FREQUENCY
 Yes 19
 No 11
Q2) As per you, what are the tools that can be used for managing time
in Real Estate?
FREQUENCY
 SCORO 18
 TRELLO 5
 ASANA 7
Q3) Is this necessary, for Real Estate agents to use time management
tools?
FREQUENCY
 Yes 20
 No 10
Q4) What issues can be seen by agents, while working in Real Estate
sector?
FREQUENCY
 Loss of business success in set time frame 11
 Management of time related to activities 19
INTERPRETATION AND FINDINGS
THEME 1:
Q1) According to you, can time management tools may aid an agent of
Real Estate?
FREQUENCY
 Yes 19
 No 11
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INTERPRETATION : with the help of above mentioned graph, it has been interpreted
that 19 respondents were in favour of time management tools and mentioned that it is
required for agents at real estate to use different managing tools that are related to time .
Apart from this only 11 respondents considered know as their answer and said that time
managing tools could not help agents in managing their time over activities.
THEME 2:
Q2) As per you, what are the tools that can be used for managing time in
Real Estate?
FREQUENCY
 SCORO 18
 TRELLO 5
 ASANA 7
INTERPRETATION : considering the above graph, it is clearly showing that SCORO is
one of the effective time management tool that can help agents in managing their work or
activities at real estate. Away with this only five were in favour of TRELLO, and just 7
respondents considered ASANA as one of the time managing primary tool which would
lead agents in managing their work right on time.
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THEME 3:
Q3) Is this necessary, for Real Estate agents to use time management
tools?
FREQUENCY
 Yes 20
 No 10
INTERPRETATION : In present contacts, graph is showing 20 respondents considered as
as their answer because they feel like real agents needs to use time managing tools . Apart
from this, just 10 respondents word in favour of no because three feel like it is required for
Agents to use traditional approaches for managing their work.
THEME 4:
Q4) What issues can be seen by agents, while working in Real Estate
sector?
FREQUENCY
 Loss of business success in set time frame 11
 Management of time related to activities 19
INTERPRETATION :with the help of above mentioned report, it is being interpreted that 19
respondents were in favour of issue which was being faced by agents that is management of
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which was being faced by agents that is management of time related to activities. Just 11 have
ensured that loss of business success can be seen in specific time frame.
4. Evaluate the appropriateness of different approaches to information
gathering
Through evaluating and interpreting the data above, it is being evaluated that both quantitative
and qualitative are the two methods that could help a researcher in gathering the data in much
effective and efficient manner. With the help of quantitative method, investigator can easily
develop data related to perception of targeted respondents on the basis of set of it. Away with
this, quantitative method stay useful when it is required for analyst to calculate the percentage
the percentage like standard deviation and other sort of calculations. Here it has been analysed
that, quantitative research method of gathering the data could help individual enriching to a
specific conclusion.
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